Leading travel and adventure brand Kathmandu today announced it had signed a lease for a new flagship store on the corner of Colombo and Cashel streets, with the property company behind The Crossing, Carter Group.
Kathmandu Chief Executive Xavier Simonet said the company had been investigating options for a new CBD store for some time and considered this site to be one of the best retail locations in Christchurch due to the prominent corner site and the high levels of pedestrians from The Crossing and surrounding stores.
Above: A rendered image of new Kathmandu Christchurch store
“This is a very visible and accessible site in the CBD which will showcase Kathmandu’s distinct product offering in our hometown. Christchurch is a very special place for Kathmandu as we are headquartered here, our product design, engineering and testing are all based here, and it’s where we opened our first New Zealand store.
“It is incredibly exciting for us to be involved with Carter Group at this early stage, as it means we are able to have input into the design and build process with a view to achieving a certified five-star green star rating.”
Carter Group Managing Director, Philip Carter, said Kathmandu was an ideal tenant for the retail location which was previously the Pagoda Court building.
“We have been seeking a high-quality tenant for our new building and identified Kathmandu as the right fit for what we believe is one of the best locations in town; at the junction of the two busiest retail streets and opposite The Crossing. The new site can be easily accessed by the public as it is close to the bus interchange and parking buildings such as The Crossing carpark.
“It is great to see growing confidence in the CBD and successful businesses like Kathmandu committing to bringing life back into the city centre. Kathmandu is a global brand with iconic status in New Zealand, and we know that visitors to Christchurch will be drawn to this flagship store.”
ChristchurchNZ chief executive Joanna Norris says Kathmandu’s commitment to a flagship store in the heart of the Christchurch CBD is extremely good news.
"Kathmandu is an exciting global company based here in Christchurch, where we have a deep connection to the outdoors and exploration. It’s brilliant local shoppers will be able to buy Kathmandu gear here in a stunning flagship store and then get out and explore the mountains and hills on our doorstep," Ms Norris says.
Carter Group and Kathmandu have a longstanding relationship, with Carter Group being the landlord of Kathmandu’s pre-earthquake location on Cashel Street.
The Colombo and Cashel Street site had been vacant since the earthquakes which destroyed much of the Christchurch CBD in 2011, and it was purchased by Carter Group in 2016.
Demolition of the old Pagoda Court building which is on the site will start immediately, with Kathmandu’s new flagship store scheduled to open mid-2019.