Goes to London, UK

Marketing Plan

Putri Oen December 8, 2014

International Marketing Professor William Hernandez

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Table of Contents

• Memorandum…………………………………………………………………………… 2-17

• Executive Summary…………………………………………………………………… 2-4

• Introduction……………………………………………………………………………… 5-6

• Cultural Analysis……………………………………………………………………….. 6-8

• Activewear Market Trend………………………………………………………………. 9

• Products & Services…………………………………………………………………… 10-12

• Competition Analysis…………………………………………………………………… 12-15

• Marketing Plan & Target Market………………………………………………………. 15-16

• Conclusion………………………………………………………………………………… 17

• Works Cited……………………………………………………………………………… 18-19

• Figures ………………………………………………………………………………… 20-21

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Memo

I. Executive Summary

Athleta Inc. is a premier fitness apparel brand that thrives off giving comfortable, but

fashion-forward activewear. With over 90 locations spread across the United States and a

powerful parent company, Gap Inc., to oversee them, Athleta must start on stepping into the

international market—starting in London, United Kingdom.

Athleta is a division of Gap Inc. Unlike its ready-to-wear sister divisions, Gap, Banana

Republic, and Old Navy, Athleta is primarily targeted towards women and focuses on athletic

wear. Clothing made by women for women, Athleta’s provides a variety of products for all

athletic occasions and seasons; such as, yoga and indoor apparel, running and high performance

outfits, ski & snowboard apparel, winter outerwear and sweaters, yoga accessories, and footwear.

The company’s innovative style targets women who are always in motion, whether it be running

Athleta Inc.

To: Nancy Green, President and General Manager of Athleta Inc.

From: Putri Oen, Sales Associate at Fashion Island’s Athleta

cc: Professor William Hernandez Requejo, California State University, Fulleton

Date: December 8, 2014

Re: Athleta LLC. goes to London, United Kingdom

2

�a marathon or taking a pilates class at the gym. Athleta’s transformative designs allows women

of all shapes and sizes to feel active and beautiful at the same time.

Globally, fashion and fitness are merging. According to the NPD Group, it reported

strong sales in activewear and athletic footwear for the year of 2013. The reason for this rise in

the athletic market is because more consumers feel the need to look active to be active. More

women are not only investing in any activewear, but activewear that can be worn not only just

for the gym.

Women’s activewear store openings are increasing around the world; such as Canada’s

Lululemon Athletica and Australia’s Lorna Jane. Both companies have opened multiple stores

outside of their home country with a target market of women who indulge in premier brand

activewear. Many companies have rushed to become an international brand, but Gap Inc.,

purposefully took their time to groom Athleta to be strong in her home country, The United

States. According to the Rebecca Duval, the Vice President, equity analyst and BlueFin Research

Partners, she states that “Athleta could become the next global brand for Gap […]”. She also

makes a point about how Athleta has been improving their designs and rebranding themselves, in

terms of fashion trends, to step up to par with other leading activewear brands . Athleta can 1

compete with brands like these because it provides premier brand quality at an affordable price

and with a parent company like Gap Inc., Athleta would clearly be a success outside of the

United States. This marketing plan has been created to provide information on what Athleta

could provide to the UK and European market, how it differentiates from other similar brands,

and how it could successfully profit in the activewear industry.

Moin, D., Women’s Wear Daily, 20141

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�II. Introduction

Athleta Inc. is a brand division under the Gap Inc. umbrella. Athleta first originated in

Petaluma, California as a successful online and mail-order retailer brand via catalogues. In 2008,

Gap Inc. acquired Athleta for $150 million and over the course of 3 years, Athleta has

transformed from a small online-based retailer to a successful brick-and-mortar retailer. Since

2008, Athleta has opened 65 stores in 25 states and the District of Columbia. In 2014, Gap Inc.

plans to open up to 30 more Athleta retail stores in the United States, totaling the U.S. store

count to 100. Currently, Athleta’s online store only ships within the United States. It can be seen 2

that Athleta is a growing company that is on its way to dominate the women’s activewear market

in its home country. Though the demand for fashionable fitness apparel has increased and the

competitive market is growing, Athleta is proven to be a top competitor amongst other brands

because it provides affordable fitness-to-lifestyle apparel with premier brand quality

Gap Inc. has been a well-known company throughout the world with over 3,539 stores in

48 countries. They has proven to be a successful retail corporation with their three iconic brands:

Gap, Banana Republic, and Old Navy. These three brands accounted for $15.5 billion of $16.5

billion of the company’s net sales in the 52 weeks that ended on Feb 1. Athleta, along with its

smaller sister brands: Intermix and Piperlime, an online-based retailer, have a combined net sales

of $672 million in the last fiscal year. Due to Athleta’s fairly new launch, Gap Inc. does not 3

publicize Athleta’s profit numbers or number of employees in the Petaluma headquarters. With

Gap Inc.’s existing global reputation and the growing fashion and fitness trend, Athleta could be

the next brand to join the iconic Gap Inc. brands on an international level.

Quackenbush, J. North Bay Business Journal, 20142

Quackenbush, J. North Bay Business Journal, 2014.3

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� The United States is not the only country that has a leading trend of activewear.

According to Verdict View’s lead analyst, Honor Westnedge, the £5.8 billion ($8.7 billion) UK

sportswear market is predicted to increase by 3.2% in the year 2014. Since 2009, the sportswear

industry in the United Kingdom increased by 17.9% . It can be seen that United Kingdom is 4

catching on to the fashion fitness trend. Like the United States, it does have its share of fitness

apparel that will compete with Athleta.

By launching an Athleta retail store in London, United Kingdom, it opens the brand up to

more consumers who desire to have fashionable fitness apparel at an affordable price range.

Since Athleta originated as an online-only and catalogue based company, like its United States

stores, Athleta would be able to promote its ability to order items in-store to be mailed to a

household. That would allow consumers from all over the United Kingdom and Europe to be

able to order from Athleta’s online website. Gap Inc., has also started to introduce a tech-friendly

environment for all its retail stores by providing free-wifi, in-store ordering, and a “reserve in

store” option. The Reserve in Store operations allows online shoppers to reserve up to five items

and then pick up the items in the store. Athleta provides many incentives to their customers by

having frequent promotion sales, in-store fitness classes, one-on-one styling services by Fit &

Studio Stylists, and discounts to licensed fitness professionals.

III. Cultural Analysis

Location: London, United Kingdom

Population size of United Kingdom: est. 64 million 5

Westnedge, W. Verdict Retail, 20144

World Bank, 20135

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�Population size of London, United Kingdom: est. 8.4 million 6

Distribution of Population in United Kingdom by sex: male: 31.7 million; female: 32.1 million

Language: English 7

A. About Location

Opening an Athleta retail store in London, United Kingdom would be a beneficial way

for Gap Inc. to introduce their women’s activewear brand into an international market. As with,

Athleta’s sister brands, Banana Republic, Gap, and Old Navy, Athleta could be the next

international brand of Gap Inc. to take opportunity on the the rising market and demand for

fashionable, fitness-to-lifestyle activewear.

With a store based in London, United Kingdom, Athleta will be exposed to a large

audience. The United Kingdom has a total estimated population of 64 million (World Bank, 8

2013) and the country’s capital, London, has an estimated population of 8.4 million (Office of

National Statistics, 2013). Taken from the Nomis Official Labour Market Statistics’, in 2013,

London’s estimated the population of 16-64 year old women in London, which is about 2.9

million. The United Kingdom’s economy is prosperous, with a rise in Gross Domestic Product

(GDP) of 0.7% between Quarter 2 and 3. In 2013, the United Kingdom recorded a GDP of

$2522.26 billion which is about 4.07% of the world economy. 9

Not only will Athleta be exposed to the local London population, but the company will

also be introduced to an outstanding amount of tourists. In 2013, London received a record-

Office for National Statistics, 20136

recognized regional languages include Scots, Scottish Gaelic, Welsh, Irish, and Cornish.7

United Kingdom consists of England, Wales, Northern Ireland, and Scotland.8

Trading Economics, 20149

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�breaking number of tourists. The Office for National Statistics recorded an estimated 16.8

million visitors into London in 2013, which was a 1.3 million increase since 2012. The top three

visitors to London in 2013 were United States of America with 1.88 million, France with 1.87

million, and Germany with 1.34 million. Tourist expenditures have almost doubled (91.9%) since

2003. Visitors to the United Kingdom, ideally, visit London for most of their shopping. Oversea

visitors spend up to £11,256 million ($17.5 billion) in London with American tourists spending

an estimating total of £1,526 million ($2.4 billion) and Middle Eastern tourists spending an

estimated total of £888 million ($1.4 billion). 10

London is considered a shopping and one of the fashion capitals of Europe. In London

alone, the retail industry contributes to about 40% of all money spent. The retail industry

provides up to 400,000 jobs or 9% of employment. Also, according to The London Plan, in the 11

retail industry, the leading type of retail shop are clothing stores which provide about 78,000

jobs. London has many different shopping areas; such as, Central London, Bond Street, New

Bond Street, and Oxford Circus, which hold many big flagship, upmarket stores. Camden High

street Market provides eclectic, funky clothes and accessories and holds many vintage apparel.

Portebello Road Market showcases local artists, designers, and small boutiques. Ideally, Athleta

would particularly fit in the Carnaby Street, which is situated in between Oxford Street and

Regent Street. London provides shopping for everyone’s preference which makes it an ideal city

for Athleta to start their international brand.

British Broadcasting Corporation, 201410

The London Plan, n.d.11

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�III. Activewear Market Trend

Skinny is not the new black—it’s to get fit. Fit girls are becoming the new role models to

young girls everywhere. No more of the skinny, toothpick arms, but what graces the magazines

are girls with toned arms, flat abdominals, and an hourglass figure. Athleta’s President, Nancy

Green, tells Women’s Wear Daily, “We are in a time when fitness and fashion are converging.”

That is exactly what Athleta offers to women who are always in motion. In the United States,

according to the NDP Group Inc., “activewear sales increased more than that general apparel

market, growing 7 percent vs 1 percent YTD August 2013”. The NPD Group Inc., also

mentioned that more consumers are focused to get fit instead of “model skinny”. In just the

women’s category $7 billion in sales was contributed to the activewear market. The sales were

allocated as such:

• Active pants (+10%)

• Athletic Tees/Tops (+12%)

• Sweatshirts (+11%)

Marshal Cohen, Chief Industry Analyst at The NDP Group Inc., has pointed out that “dressing

casually has become more acceptable”. Women feel like that have made a good investment in

activewear, such as yoga pants. Casual activewear is seen as fashionable and efficient because

women could wear it anywhere and everywhere. According to Honor Westnedge, Lead Analyst

on Verdict Retail, the United Kingdom’s activewear market generates about 5.8 billion and it is

expected to grow 3.2% by the end of 2014. Due to the Olympics that took place in London in 12

2012, consumers are buying more sportswear, but the competition is intensifying. Many retailers

Paton, E. Fashion Trend, 201412

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�that are nonspecialized in activewear are trying to collaborate with designers and athletes to

create premier-looking, sport apparel without increasing the cost in order to stay with their target

market. For example, Sports Direct, a British discount sport store, is considering a collaboration

with Debenhams and the Primark just launched a low-cost sportswear line. 13

IV. Services and Products Athleta will offer to London and possibly Europe

Athleta is a premier brand of athletic-leisure or “athleisure” wear. Athleta specializes in

activewear clothing that can easily transfer from sportswear to a comfortable, yet fashionable

leisure outfit. As a customer walks into an Athleta store, she is not only shopping for clothes to

wear to her next yoga or gym class, but also her next marathon or her next family trip up to the

mountains. What makes Athleta unique is that they thrive from providing many choices for any

woman who walks into the store.

A product that Athleta is specially known for is their sport bottoms. According to their

online website, their bottoms are not only categorized by style (tight, capri, shorts, pants) and

series cole (Metro, Chatarunga, The Drifter, Relay, etc.), but that are categorized by activity. As

of 2014, Athleta holds nine series, each series comes in about 3 styles, plus “special sizes” for

petite, tall, and a just added maternity size. Every pant is made of Athleta’s patented fabric called

Pilayo® or Power Pilayo®, which is composed of Supplex® Nylon and Lycra® Spandex. The

difference between Power Pilayo® and Pilayo® is how compressive they are. Athleta bottoms

with Pilayo® would generally us the pants for casual, low-impact, studio/lifestyle workouts

while Power Pilayo® wearers would use the pants for high-activity workouts. All Athleta

bottoms are breathable and wicks, made by black lycra which reduces a shine effect when

Paton, E. Fashion Trend, 201413

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�stretched, and have a UPF of 50+. Pants that are meant for running have reflective material on

“flicker” points of the body (side of body, back and side of legs) and practical pocket placements

for phones and keys. The broad range of pants selection could make a first-time customer

confused on what to purchase, but all employees of Athleta are trained on extensive product

knowledge which will benefit the customer and increase customer loyalty to the Athleta brand.

Along with yoga bottoms, Athleta sells a wide arrange of workout tops, swim suits in the

summer, and sweaters for the winter. Similar bottoms, most of Athleta’s sport tops are made to

allow wicking and some of them have a special “Unstinkable” quality. Some of the sport tops,

mostly their “Chi Tops” and sport bras, have a natural silver salt embedded into the fabric which

reduces the microbial that gives the scent of body odor. This silver salt does last after many

washes so users can still benefit a reduced laundry load. Athleta has studied and researched what

consumers do and do not like in their products and incorporated it into their products to provide

practicality while staying fashionable.

Considering that Athleta originated as an online and catalogue retailer, Athleta always

and will continue to merge their online store to all their retail stores. For example, all Athleta

stores are equipped with a computer kiosk that is directly connected to Athleta’s online store. A

customer would be able to go the kiosk and be able to select the perfect outfit pieces by what she

would be using them for. The categories change through each season, but during the winter

season, the categories on Athleta’s store range from Winter Training, Ski & Snowboard, Yoga,

Indoor Workouts, and Street Style. Each clothing items has information that includes fabric and

care instructions for optimal use, fit + feature which details how a clothing piece fits to the body

and, what activity it can be worn for.

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� With Athleta’s constant push to integrate their online store and retail store, Athleta stores

will be promoting a program called SnapScan. This application is downloaded onto a handheld

device attached to a portable scanner. Every Athleta store is equipped with about 4 of these

devices. When a customer wishes to purchase an item that is no longer in stock at a store, but

available online, sales associates would be able to use SnapScan to purchase the item for the

customer with their credit card and have it sent to their address, without even going behind a

cash register. This provides a simple, quick, and efficient way to sell items to a customer.

Athleta’s online store has also adopted a Gap Inc. feature that has been successfully used

in their other brands’ stores called Reserve in Store . This online feature allows customers who 14

are online shopping, who do not wish to purchase instantly, to reserve up to five items in a

nearby retail store for 48 hours. Reserve in Store is a strong marketing tool that draws their

online customers into the store and promotes/increases items per transaction. Though Athleta has

an open return policy, the Reserve in Store feature could lower the chances of returns because it

allows their online customers to try on the item before purchase.

V. Competition

With a store in Athleta, the company faces 3 main competitors in the area:

• Sweaty Betty

Sweaty Betty, founded by Simon and Tamara Hill-Norton, is a British retailer which also

features fashionable “Athleisure” apparel. Like Athleta, Sweaty Betty stocks apparel from yoga

wear to ski wear and sets up retail stores as female-friendly with knowledgeable staff. Sweaty

Betty has also adopted into promoting fitness events to their customer by partnering with local

See Figure 114

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�yoga studios. Currently Sweaty Betty has 17 boutiques in London, 23 all over the rest of United

Kingdom and two stores in the United States, New York and Connecticut. Sweaty Betty would

be the closest British brand competitor to Athleta with their versatile style and active approach to

women. The only difference between Sweaty Betty and Athleta is the price point. Athleta’s

Chatarunga Yoga pants start at $68 and Sweaty Betty’s Ashtanga Yoga Leggings start at $85. 15 16

With their high-performance leggings, Athleta’s Relay Tights start at $78 and Sweaty Betty’s

Zero Gravity Tights are at $145. 17

• Nike

Nike is a worldwide known activewear retailer and it has just become recent that Nike

introduced women’s activewear that was geared towards yoga and indoor training. As the trend

of “athleisure wear” started to pick up, Nike made sure that they were a top choice for women.

Since Nike was known for their shoes, it would be practical for women to pick up their apparel

to pair with their shoes. Compared to Athleta, Nike’s target audience is high-performing fitness

people whereas Athleta is tailored towards a gym-to-lunch-date audience. Just recently, in

November 2014, Nike has added to their Newport Beach store to include an integrated fitness

studio and retail store. The 6,000 sq. ft. studio will include many training class, footwear trials,

pant hemming, and bra fittings. Nike has also planned to start a casual womenswear line to 18

compete with big competition companies like Lululemon and Athleta because it has seen a

tremendous growth in their women’s division. According to Bloomberg, Nike predicts that their

www.athleta.com15

www.sweatybetty.co.uk16

see figure 2 for comparison of yoga pants from all competitors 17

Paton, E. Fashion Trend, 201418

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�women’s division to grow from $5 billion to $7 billion by 2017. Similar Nike, Under Armor is 19

focusing on women’s fitness apparel and released their women’s marketing campaign that

includes model, Gisele Bundchen and ballerina Misty Copeland. Many fitness companies that

were initially focused on men’s fitness wear are now focusing on women’s fitness apparel due to

the growth and profitability of the market.

• Lululemon Athletica

Lululemon Athletica is a main competitor of Athleta in the United States. Lululemon

Athletica was founded by a man named Dennis “Chip” Wilson in Vancouver, B.C. in the year

2000. He was a firm believer in yoga and promoted women to be into fitness. The brand then

became wildly popular and stores opened around the United States, Australia, and Great Britain.

Lululemon, like Athleta, partners with studios, but they also sell their clothing in high-end fitness

studios like, SoulCycle, Pure Barre, Equinox, and CorePower Yoga. Lululemon, with it’s link

with higher-end studios, suddenly became a cult amongst women. The signature “horse shoe”

logo would be noticed by famous yoga-gurus and seen on every yogi woman in class. Though

Lululemon did dominate women’s fitness wear, their sales have dropped due to many poor public

relation handling. In 2007, New York Times reported that they have ran a laboratory test on 20

Lululemon’s Vitasea fabric, which claimed to have seaweed fibers embedded into the fabric

while feeling like cotton and promoting moisture. The lab results showed that there was no

significant difference between a regular cotton T-shirt and the Vitasea fabric. Lululemon then 21

removed all health claims of its “seaweed-based” products in Canada. In 2010, the company had

Peterson, H. Business Insider, 201419

Novellino, T. Upstart Business Journal, 201420

Story, L. The New York Times, 200721

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�to recall all their reusable bags, which were found to contain small traces of lead. In 2012, a

swimwear line had to be discontinued for being see-through when wet. In 2013, Lululemon 22

announced a recall on 17% of their black yoga pants for being unintentionally transparent, which

was a clear sign that the cult-like company, after many product blunders, had an image issue. The

recall caused a shortage and a financial blow to the company, which lead to the step down of the

company’s Chief Executive Officer, Christina Day. This resulted in a damage to Lululemon’s

brand and reputation. Though Lululemon still has a strong follower base, Athleta has been

known to follow Lululemon in hopes it will attract their clients. 23

VI. Marketing Plan

London, United Kingdom is a perfect location for Athleta to enter into the international

market. In 1987, the parent company opened their first international Gap store in the United

Kingdom. Athleta could use it as a marketing platform and learn the success and failures of the 24

process. Due to the Athleta’s products and services offered, the retail space would have to be at

least 2,000 sq. ft. in order to have enough room for its products and in-store fitness classes

Athleta would offer. Based on Colliers International’s website, a retail space on Carnaby St. is 25

available to rent for £530,000 per annum (£44,167 per month) or $852,820 ($68,819 per month),

additionally a service charge that is estimated to be £26,301 per annum . The 2,615 sq. ft. retail

space is separated into two floors; the ground floor being 1,313 sq. ft. and the basement being

1,314 sq. ft.. This retail space would receive a high number of foot traffic since its nearest Tube

Suddath, C. Bloomberg, 2014 22

Maheshwari, S. Bloomberg, 201423

Gap Inc., 201424

see figure 325

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�stations are Oxford Circus and Piccadilly Circus; both are a 10 minute walk to Carnaby Street are

in the heart of the Soho District. Carnaby Street is known for its trendy streetwear, urbanwear,

activewear, and footwear. This retail space neighbors other high-end retailers like Diesel, The

North Face, American Apparel, and Puma Store and it is walking distance from a spinning

studio, H2 Bike Run, and a fitness club called The Third Space. Athleta, in London, should

continue to provide 30% discounts to certified fitness trainers and instructors and partner with

local fitness studios and instructors to provide free in-store classes for their customers. Cleverly,

this retail space is about 0.7 miles away or a 14 minute walk from the nearest Lululemon store.

Gap observed how Lululemon rapidly grew in the United States and opened Athleta stores

nearby. Gap wittily uses the traffic from Lululemon to attract their customers in with their 26

lower prices, but offering better, if not equal, products. Due to Lululemon’s yoga pants recall in

2013, many retailers like Athleta are taking advantage of the situation and engaging with

Lululemon’s ex-customers. By partnering with local fitness studios and instructors and engaging

with the local community, Athleta would be able to adapt to the London culture and bring brand

awareness.

A. Target Market

Athleta is a premier activewear clothing company that is geared towards a woman who is

always in motion. Athleta’s target customer is a woman between 30-50 years old, striving to

juggle a successful career and her family. Athleta’s current campaign has a slogan of “Power to

the She”. This embraces woman empowerment and encourages all woman to get active and take

her life into control. An Athleta customer is the one who sneaks a pilates class in-between

Maheshwari, S., Bloomberg, 201426

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�meetings, goes jogging when the kids are in school, or has no time to go home and change to

meet up with her girlfriends for happy hour after the gym. From outfits for leisure to an outfit for

kickboxing class, Athleta provides the perfect athleisure products for every type of busy woman.

VII. Conclusion

During 2014, the fashion industry merged with the sports and active industry. Together,

they formed an ongoing trend of fashionable, fitness apparel with increased the sales in many

retailers. Brands that specialized in activewear saw a higher demand in their products, which

allowed them to get creative and form new technologies into their clothing pieces. The

activewear industry will continue to grow with the the increasing need to “look fit, but

fashionable”. Athleta provides products that promote a healthy and practical lifestyle while

looking as fabulous as ever.

In conclusion, Athleta is ready to broaden its audience to the international market;

starting in London, United Kingdom. Foreign activewear brands have already entered into the

U.K. market and have proven to be successful by providing exclusive products and services to

the consumers. The provided marketing plan above shows a careful analysis of London’s

demographic, tourism effect on the economy, competitors, and an area that Athleta would be

suitable to open into. With Athleta’s parent company, Gap Inc. who has three successful

international brands, Athleta does have the potential to be the fourth international brand of the

world famous corporation.

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�Works Cited

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http://www.gapinc.com/content/gapinc/html/aboutus/keyfacts.html

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2012-07-17/gap-s-athleta-stalks-lululemon-one-yoga-store-at-a-time.html

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profile-with-fashion-show-7870619

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travel-trends/2013/sty.html

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0/0ea28d2a-654c-11e4-91b1-00144feabdc0.html#slide0

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launched-a-threat-to-lululemon-2014-11

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www.colliersproperty.co.uk/high-street-to-let/london/R60038

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�Quackenbush, J. (2014, February 28). Gap calls 2013 ‘breakout year for Athleta’. North Bay

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www.northbaybusinessjournal.com/88434/gap-calls-2013-breakout-year-for-athleta/

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activewear-the-new-denim-lucas-hugh-lululemon-athleta.html

Story, L. (2007, November 13). 'Seaweed' Clothing Has None, Tests Show. The New York Times.

Retrieved December 3, 2014, from http://www.nytimes.com/2007/11/14/business/

14seaweed.html?pagewanted=all&_r=0

Suddath, C. (2013, March 28). What Lululemon's Yoga Pants Recall Reveals. Business Week.

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what-lululemons-yoga-pants-recall-reveals

Sweaty Betty. Retrieved December 2, 2014, from http://www.sweatybetty.co.uk

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http://www.uncsbrp.org/retail.htm

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releases/activewear-growth-sets-pace-for-overall-apparel-market/

Trading Economics. (2014, December 6). United Kingdom GDP 1960-2014. Retrieved December 6,

2014, from http://www.tradingeconomics.com/united-kingdom/gdp

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�Figures

Figure 1: Reserve in Store

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Figure 2: Basic Yoga pants comparison Left to Right: Lululemon Skinny Groove $98-108, Sweaty Betty Ashtanga Yoga Legging $85, Nike Dri-FIT Knit $100, Athleta Chaturunga Tight $74. Photo Courtesy of lululemon.com, sweatbetty.co.uk, nike.com, athleta.com

Figure 3: Carnaby Street Retail Space 11-12, Carnaby Street London, W1F 9PQ

Left: Photo Courtesy of colliersproperty.co.uk Right: Photo Courtesy of visit londontown.co.uk

Photo Courtesy of athleta.com

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Figure 4: Carnaby Street location relative to nearby Tube Stations.

Photo courtesy of londontown.com

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