Invest in the UK Encouraging foreign direct investment from global retailers
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Invest in the UK
Encouraging foreign direct investment
from global retailers
www.gov.uk/ukti
UKTrade&Investment
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Inside an Aquascutum store
Follow us @UKTIRetail 1
Why invest in the UK?
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With a sophisticated, knowledgeable and diverse consumer base and a
world-class reputation for quality and innovation, the UK’s influence on
the world’s shopping habits makes it the natural choice for global brands
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to base their European headquarters in. M
From the designer stores of With £1.29 billion of foreign capital
Knightsbridge and Bond Street; to invested into 112 projects in 2013
multi purpose malls like Manchester’s alone, the retail landscape in Britain is
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Trafford Centre or Belfast’s Victoria evolving fast. Via our global network,
Square; to retail outlets like Bicester UK Trade & Investment (UKTI) supports
Village in Oxfordshire; the UK offers international brands wanting to invest
an unparalled diversity of retail in the UK through bespoke business
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opportunities. propositions, strategic introductions,
regulation guidance, location scouting
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Home to iconic brands such as Stella and more. We strive to match retailers
McCartney, Alexander McQueen, with British opportunities, facilitating
Burberry, Topshop and Harrods, their entry into the world’s most iconic
Britain sees edgy street style rub fashion scene.
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shoulders with world class designs.
All of the UK’s major cities play a role UKTI’s inward investment team
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in supporting the sector through works with a range of international
employment, design and innovation. brands including Aquascutum,
owned by Chinese fashion retailer
Thanks to a sophisticated logistics YGM Trading. This included ensuring
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infrastructure, the UK has the largest their new London locations, such as
retail presence in the world in terms of their Great Marlborough Street store
both physical stores and online sales. which launched in November 2013,
There are also a growing number of met the requirements of a 21st
retail developments and major fashion century company.
events hosted each year, as more and
more worldwide brands seek to have
a presence in the UK.
2 UK Trade & Investment
Winning streak for Westfield
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UK Trade & Investment has been working with Australian company
Westfield for over 10 years, and continues to support its ongoing
multi-million pound shopping projects in and around the UK.
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Westfield began in 1960 with two Westfield Stratford was one of
shopping centres in what were then the largest urban regeneration
the outer suburbs of Sydney, Australia. projects ever undertaken in the
Since then, the company has grown UK, transforming Stratford into a
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to become one of the world’s largest well connected and desirable area.
shopping centre owners and managers. As well as the shopping centre
itself, Westfield invested heavily
Since its entry into the UK in 2002, in improving the local transport
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Westfield has grown and now directly infrastructure, a legacy that will
employs 500 people in the UK and endure long after the Olympics are
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has created 25,000 new permanent over. The £1.8 billion Stratford City
jobs, mostly in the retail sector. is now Europe’s biggest urban
shopping and entertainment centre.
“We’re a relatively new business in the
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UK,” says Michael Gutman, Managing In January 2013, Westfield
Director UK, Europe & New Markets announced that it had formed a
at Westfield. “We came here ten years joint venture with UK developer
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ago, and we’ve had a wonderful Hammerson to invest £1 billion
experience. There are so many in redeveloping the Whitgift and
positives here for any company Centrale shopping centres in
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looking for global expansion: the UK Croydon, South London. The mixed-
is open to business, has a robust use scheme, to include retail, leisure
planning system and transparency. and residential units is expected
Our two London malls have to create over 5,000 jobs and will
performed beyond expectations. provide a massive boost to the local
These flagship centres have also economy, attracting thousands of
helped to fashion a refreshed new visitors to the town centre every
corporate direction for our company, year. In time for Christmas 2017,
of mainly investing in and creating Westfield will be undertaking a
exceptional retail environments in £1 billion expansion of Westfield
important world cities.” White City.Follow us @UKTIRetail 3
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Westfield White City, London
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UK Trade & Investment (UKTI) has “These flagship centres
worked with Westfield for over ten
years, and the company has taken part
have also helped to fashion
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in inward and outward missions in that a refreshed corporate direction
time. UKTI continues to offer bespoke for our company, of mainly
support for its on-going multi-million investing in and creating
pound shopping centre projects.
exceptional retail environments
Want to find out how UKTI can help in important world cities.”
you to expand your global footprint Michael Gutman, Managing Director UK,
to the UK? Phone 0845 539 0419 Europe & New Markets at Westfield
or +44 (0)20 7333 5442, email
enquiries@ukti‐invest.com or
visit www.gov.uk/ukti4 UKTrade&Investment
Investor development service
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UKTI can help foreign-owned businesses already in the UK
to grow and succeed. We help businesses get the best out
of their current and future UK investments.
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If your business is already established We will also offer you a single-point
in the UK, our Investment Services of contact through an Account
Team can offer you support for Manager. Our Account Managers
practical issues such as: work across all sectors and have
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a wide range of sector specialisms.
– Workforce skills and recruitment We can also introduce you to key
business enablers such as local
– Visas and migration
authorities, incentives specialists,
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– Innovation and technology support R&D experts, planning advisers,
partners and business networks.
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– Tax and access to finance options
Our investment development
– Property and planning
services are independent, highly
We can also help you to guide your professional and free of charge.
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project through national and local Contact us on 0845 539 0419
government by providing: or +44 (0)20 7333 5442, email
enquiries@ukti-invest.com or
– Links into sector and technology
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visit www.gov.uk/ukti
expertise
– Support for developing an
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investment case for your group
headquarters
– Support across your UK divisions
– Help with exporting overseas
– Feeding your issues into UK
government policyFollow us @UKTIRetail 5
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“London is one of the world’s
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leading cities when it comes
to retail. Our London presence
is a fantastic representation
of our brand’s aesthetic,
and it showcases our cool,
accessible-luxe collections in
a cutting-edge environment.”
Pier Paolo Righi, CEO & President,
Karl Lagerfeld
A Karl Lagerfeld store6 UKTrade&Investment
UKTI investment
services
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UK Trade & Investment’s comprehensive range of services assists overseas
companies, whatever their size and experience, to bring high-quality
investment to the UK. They include:
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Global Entrepreneur
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Programme Advice on key commercial
Helps overseas entrepreneurs and considerations such as company
early-stage technology companies registration, immigration, financial
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globalise their businesses from incentives, labour, real estate, transport,
a UK hub. utilities and regulatory issues.
Investor Development Network Introductions…
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Offers continued support to to key contacts in government, industry
overseas companies once they have and academia, or professional service
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established a presence in the UK. organisations including solicitors,
accountants and recruitment
Regional and Local consultants.
Location Analysis
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Helps overseas companies to Want to know more? Contact
choose the right place to set up. the UKTI Investment Services
Team on 0845 539 0419 or
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+44 (0)20 7333 5442, email
enquiries@ukti‐invest.com
or visit www.gov.uk/ukti
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To find out more, scan this
code with your smartphone.
www.gov.uk/ukti
+44(0)20 7215 5000
UK Trade & Investment is the Copyright
Government Department that helps
© Crown Copyright 2014.
UK-based companies succeed in the
global economy. We also help overseas You may re-use this information
companies bring their high-quality (excluding logos) free of charge in any
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investment to the UK’s dynamic format or medium, under the terms of
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with the tools they require to be copyright holders concerned.
competitive on the world stage.
Any enquiries regarding this
UK Trade & Investment is responsible document should be emailed
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for the delivery of the Solutions for to us at:
Business product “Helping Your enquiries@ukti.gsi.gov.uk
Business Grow Internationally”. These Or you can call:
“solutions” are available to qualifying +44 (0)20 7215 5000
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businesses, and cover everything from
investment and grants through to This document is also
available at: www.gov.uk/ukti
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specialist advice, collaborations
and partnerships.
Whereas every effort has been made
to ensure that the information given in
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this document is accurate, neither
UK Trade & Investment nor its parent
Departments (the Department for
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The paper in this document is made Business, Innovation and Skills, and
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managed forests. This is a combination or misleading statements, and no
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Published June 2014 Image credits
by UK Trade & Investment Front covers: ASOS and VisitBritain.
© Crown Copyright Inside pages: Aquascutum, Westfield,
UKTI/14/617 Karl Lagerfeld photo by Michel Figuet, iStock,
Getty, Tangle Teezer, The White Company,
Tesco, Marks & Spencer.You can also read
