Grosvenor bought the stake through its new Tenant Investment Fund, and said the money would support “avenues for growth,” such as new business categories.
As lockdown nears an end, many stores in London have opened, but others have shut for good.
The U.K. property owner is stepping up its game, and could soon take a stake in Roland Mouret.
The 1,080-square-foot store will be the first to offer touch-screen customization, and men’s wear.
The store will remain open until the end of this year.
Shop, at 15 Old Bond Street, will remain open until the end of the year.
At the end of last year, London Luxury Quarter businesses generated a total of 4.9 billion pounds, or $7 billion, annually.