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March 21, 2019

The Management Board of CCC published preliminary financial data for the fourth quarter of 2018. In accordance with the undertaken strategic decision regarding the disposal of shares of CCC Germany, the presented information refers to the continued operations. The Group consistently implements the commercial space growth plan, by which a platform for further development of sales potential is being built. In the fourth quarter of 2018, one-fifth of the Group’s sales came from the e-commerce channel. The operating costs of stores and the level of inventory per square meter are successively falling. Efforts to improve working capital are continued successfully.

Unibail-Rodamco-Westfield Germany presents a new highlight within the lifestyle range of Germany’s biggest shopping destination: On 21 March 2019, the French beauty label Sephora opens the doors of its brandnew flagship store at Centro Oberhausen for the first time. On 350 sq m visitors find cosmetic products from the company’s trendy own brand as well as lotions, fragrances and makeup from international top brands. Furthermore, an interactive store concept with exclusive services promises exciting shopping experiences.