London, July 10 :  American designer Tom Ford is preparing to open his first standalone outlet on Sloane Street here.

The shop will have 8,000 square-foot space and the designer has signed a 1.3 mn pounds per year rental lease for the store, which will last 10 years, reports femalefirst.co.uk. It will be operational next year.

"With Tom Ford's arrival, and Alberta Ferretti also opening a flagship store, it enhances the super luxury offering of the development and seals its reputation as a world-class fashion destination," said Hugh Seaborn, chief executive of The Cadogan Estate, which is leasing the store to the company.

© IANS