A surge of UK retailers are seeking to spread their wings and expand overseas amid a bounce-back in activity following the pandemic.
Experts at real estate advisory firm Colliers said demand for UK locations from international firms has also lifted higher as shopper demand remains resilient despite fears over cost-of-living pressures.
New data from Colliers revealed that 48 percent of its UK client businesses—which between them operate 7,255 UK stores—expect to open more international outlets.
UK retailers are particularly targeting the Australian market as the country’s economy continues to open up following the pandemic.
A number of retailers are targeting European nations such as Italy despite Brexit regulations….