CBRE Investment Management’s Angel Central Set to Blend KIKO Milano into Destination

The Italian cosmetics brand, KIKO Milano, is set to open a brand-new store in Angel Central as part of its rapid expansion plans across the UK

CBRE Investment Management has announced KIKO Milano, the Italian cosmetics brand, is set to open a new store in Angel Central, the retail and leisure destination situated in the heart of Islington. This forms part of the brand’s rapid expansion plans across the UK and the continued strength of Angel Central in elevating its wider retail offer for visitors.

KIKO Milano will open an 818 sq ft unit at Angel Central later this month, adjacent to brands such as Rituals and MUJI, enhancing the beauty and skincare offer within the centre. It will stock the brand’s full product range, as well as offer in-store makeup services, delivering an experiential element for visitors. The store, which marks the brand’s fourth location in London, will be designed by Iosa Ghini and transcend the brand’s staple concept city format.

This announcement comes as Angel Central celebrates a Fitwel 2-star rating for the re-certification of the project this year, demonstrating CBRE Investment Management’s (CBRE IM’s) continued commitment to health and well-being across the physical, mental, and social aspects of the centre, its visitors, and its tenants.

Louisa Butters, Head of Retail Asset Management UK at CBRE Investment Management, commented: “KIKO Milano is a fantastic brand to add to our retail mix and responds to visitor appetite for more beauty and skincare which you can’t find anywhere else in the surrounding area. We are constantly looking at how we can elevate the centre to deliver even more for consumers, and extending our beauty offer is key to our overarching vision. We look forward to welcoming KIKO to the scheme next month, with many other exciting openings on the horizon for this year.”

Paul Devin, Country Director of the UK and Ireland at KIKO Milano, also said: “As we continue our rapid expansion plans across the UK, our new store at Angel Central will mark a significant milestone for us. Islington has always been on our radar, and with Angel Central’s dedication to the community and its collaborative relationships with tenants, we are excited to be part of a thriving destination.”

Following a strong trading period throughout 2023 with a sales increase of 16% compared with 2022, and footfall up 6.4% compared to the national average* in 2022, Angel Central is continuing to move from strength to strength. Recent additions to the destination include OFFICE and Northwood, as well as an enhanced store for long-standing tenant, Accessorize, and a full-scale refurbishment for VUE cinema, joining anchor stores UNIQLO and H&M.

CBRE and Colliers act for Angel Central, whilst Lightlease acted for KIKO Milano.

*Data obtained from ShopperTrak for the period of January to December 2023.