Leading Australian youth fashion retailer Universal Store will soon open its corporate headquarters and distribution centre at TradeCoast Central in Eagle Farm.
Universal Store has partnered with supply chain consultants TMX to review their supply chain operation and has secured a 10-year lease of its Eagle Farm site. The fashion retailer is establishing a 5,000-sqm high-bay warehouse and 2,200-sqm headquarters. TMX will also manage the project which is slated to be fully operational by Q3 of 2022.
TradeCoast Central is situated on the former site of Brisbane Airport next to the Gateway Arterial Motorway. The centre houses major brands including Subway, EB Games, Autonexus and Carrier.
Universal Store’s Chief Executive Officer said that the company has experienced impressive growth with both its digital channel and physical stores performing exceptionally well. The new warehouse, she said, will boost their fulfilment capacity and strengthen their supply chain operation.
Apart from the warehouse and new headquarters, up to eight Universal Store shops are also planned for this year, adding to their current 78 outlets across Australia and New Zealand, along with Perfect Stranger stand-alone shops which are also set to roll out in 2022.
Established in 1999, Universal Store has become a leading fashion retailer in Australia, catering to 16 to 35-year-old customers with a range of specially curated selections of trendy youth apparel.
According to Universal Store’s 2021 Annual Report, its sales grew by 36 per cent to $210.8 million as compared to FY2020 despite numerous lockdowns and store closures. Online sales grew to an astounding 90.3 per cent or $25.8 million thanks to their investment in digital marketing and scaled-up digital and eCommerce capability and services.