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UK Fashion Retailer Seeks to Force Change in Lease Terms in UK and North America

AllSaints Uses Legal Tactic to Seek Rents Based on Percentage of Sales
An AllSaints boutique at the Yorkdale Shopping Centre in Toronto. (Steve Russell/Toronto Star via Getty Images)
An AllSaints boutique at the Yorkdale Shopping Centre in Toronto. (Steve Russell/Toronto Star via Getty Images)
CoStar News
June 18, 2020 | 5:11 P.M.

Fashion retailer AllSaints has launched the proposed restructuring of its business in the U.K. and North America that would include a push to reduce the rents it pays by paying as a percentage of individual store sales instead of a fixed amount.

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