Williams Sonoma to open stores in Sydney!
BIG NEWS!!! We can’t wait to visit the new stores, now under Australian creative direction. See more details in our next issue.
FOR IMMEDIATE RELEASE
Williams-Sonoma, Inc. Announces Sydney, Australia, for First Company-Owned Global Retail Stores Outside North America Iconic Kitchen and Home Furnishings Brands Williams-Sonoma, Pottery Barn, Pottery Barn Kids and West Elm to Debut in New Exchange Building in Early 2013.
SYDNEY, NSW – (August 22, 2012)—Williams-Sonoma, Inc. (NYSE: WSM), the North America – based retailer that specialises in high-quality products for the home, today announced that it has signed a lease for 2,040 square metres of retail space to house four of its iconic brands, Williams-Sonoma, Pottery Barn, Pottery Barn Kids, and West Elm at the newly constructed Exchange Building in Sydney, Australia, at Bondi Junction.
The four stores, currently slated to open in early fiscal 2013, are the first retail locations outside of North America to be owned and operated by the retailer as part of its overall global expansion strategy. The Exchange Building is located at 466-472 Oxford Street Mall, Bondi Junction, just six kilometers east of the central business district at the eastern end of the mall, opposite Westfield Bondi Junction and adjacent to Bondi Junction Rail/Bus Interchange. Coombes Property Group is the developer, owner and manager of the Exchange development.
“I’m thrilled to continue our global expansion by opening our first Australian locations in Sydney,” said Laura Alber, President and Chief Executive Officer, Williams-Sonoma, Inc. “We have spent a great deal of time looking for the right location and believe that the Exchange Building possesses the key elements for success. It offers us a central shopping location with easy access for pedestrians and commuters, as well as the perfect amount of space to introduce our brands to Australia.”
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