Posniak of Malkin Properties signs Theory to 2,500 s/f in Westport

Theory, a subsidiary of Fast Retailing Group and one of the nation's fastest growing high-fashion clothiers for men and women, will open a new location this spring in the heart of downtown Westport. The retailer has signed a 10-year lease with Malkin Properties for more than 2,500 s/f at 69 Main St., located in an exclusive commercial corridor known for its high-profile shopping. The Westport location will be the second in Fairfield County for the popular retailer, which also has a store in Greenwich. Theory sells a broad range of apparel for men and women, including a high-fashion women's collection from Belgian designer Olivier Theyskens. Theory has stores around the world, including flagship outlets in London, Paris, Tokyo, Seoul and Shanghai, as well as New York and Los Angeles. "Theory's choice of Main St. in Westport for expansion in Fairfield County is a clear signal that this long-popular downtown corridor is in a growth mode," said Fred Posniak, senior vice president of Malkin Properties.