Diners can look out for the new Life Grand Café‚ MAReSOL‚ Vista Marina‚ and GINJA restaurants.
In a national retail market characterised by weak growth and declining profits‚ the V& A’s latest retail trade results continue to buck the gloomy economic trend by delivering double digit retail growth. Retail sales for 2016 increased 26% in the first half of the year‚ and 19% in the second and third quarter.
The V& A is a popular tourist destination in Cape Town with a mixture of retail‚ hotel and residential developments.
Retail Executive at the V& A Alex Kabalin said‚ “We have worked hard over the winter months to ensure our planned projects‚ new stores and new dining offerings are ready ahead the Cape Town summer season‚ which is our busiest time of year“.
“The V& A Waterfront is an experience‚ no matter whether visitors come to shop‚ dine or simply admire the harbour views‚ and this season we can guarantee a number of new experiences.”
Kabalin said that the completion of a R15m large-scale awning installation across the property’s Quayside Terrace restaurants would enhance visitors’ experience. The new‚ permanent‚ glass-and-steel designed structure has replaced the spattering of umbrellas that‚ until recently‚ lined the terrace area overlooking Quay 5 basin.
Now complete‚ the service area for each restaurant flows out to include the outdoor terrace immediately in front of their restaurant. This gives diners the option of either being seated indoors‚ or enjoying an alfresco meal at each restaurant‚ regardless of the weather.
Kabalin explained that in addition to offering greater protection from Cape Town’s notorious storms in winter and the South-Easter in summer‚ the new‚ transparent structure will still offer the magnificent harbour views.
Also new to the V& A retail landscape‚ and in line with the retail strategy of continual improvement to the tenant mix‚ are a number of popular international brands and stores.
These include international clothing brands Banana Republic‚ Ted Baker‚ Michael Kors‚ and Hackett; Danish retailer Day Birger et Mikkelsen; shoe specialists Tread + Miller; international hair experts Soho; and Argentinian lifestyle brand La Martina.
A number of stores have also recently completed refurbishments.
British American Tobacco South Africa will on Tuesday also open its new corporate headquarters at the V& A. Historically based in Stellenbosch‚ the JSE-listed company is making the move to the V& A newly developed Canal District.
— TMG Digital/BusinessLIVE