Monthly Archives: March 2019

Sonae Sierra displayed a solid performance, recording an overall Net Result of €110.1 million in 2018

In 2018, Sonae Sierra managed to sell shopping centres with a Gross Asset Value of almost €600 million, achieving attractive gains, saw its Services EBIT grow by 11% y-o-y, and invested over €165 million in expansions such as NorteShopping, Outlets … Continue reading

Westfield London: Harnessing the Power of Light with MK Illumination’s Help

Westfield London is vast. It boasts an area of 240,000 sq m (2.6m sq ft) and a retail floor area of 150,000 sq m (1.615 million sq ft), so when they were looking for someone to help them turn their … Continue reading

Sales of the CCC Group increased by 25% in the fourth quarter

The sales of the CCC Group in the fourth quarter of 2018 amounted to PLN 1,603 billion, which means an increase of 25% year-on-year. Gross sales profit at the consolidated level increased by 24% to PLN 818 million. Gross margin … Continue reading

Vicolungo The Style Outlets announces opening of “ANTONINO, il Banco di Cannavacciuolo”

NEINVER, a leading investor, developer and operator in the European outlet centre industry, will open a new “smart gourmet” space created by the internationally renowned Chef Antonino Cannavacciuolo at Vicolungo The Style Outlets, in Italy. This new exclusive opening, which … Continue reading

Global Mutual Strengthens Outlet Portfolio

The transaction demonstrates the company’s confidence in the outlet market and its prominent position in the retail investment sector. Sterling Mills offers 5,600 sq m of retail property with over 500 free parking spaces. The center includes over 25 outlet … Continue reading

Cosmetic brand Sephora to open flagship store at Centro Oberhausen

“With flagship destinations like Centro we set industry standards when it comes to connecting shopping and experiences”, says Paul-Eric Perchaud, Director of Operations at Unibail-Rodamco-Westfield Germany. “For this purpose, a unique and differentiating retail mix is fundamental. Hence, it is … Continue reading


The innovative design was presented to the public by Birger Strom, President of LSGI, and Davide Zanchi, Managing Director of SCC Italia. LSGI/SCCI is developing the project alongside Ceetrus. Milanord2 will be a dynamic and strategically well-located retail and leisure … Continue reading

Alain Caparros steps down as CEO of C&A Europe for health reasons

“I am passionate about C&A, its customers and its people. I remain deeply committed to the mission I started two years ago. However, after my heart attack last year, I find myself unable to give the intensity that I expect … Continue reading

Study from Deloitte | Global Powers of Retailing 2019

With total revenues of USD 4.53 trillion, the top 250 retailers posted a respectable 5.7% growth in revenues in fiscal year 2017. According to the study, however, the global economy is at a turning point. In 2018, growth in important … Continue reading

Muji Expands into Switzerland – First store at Glattzentrum

The retail chain has announced that it will open its first store at Glattzentrum in Zurich. In 1980, Muji was launched as the private label of the Japanese Seibu department store chain. Three years later, the first branch was opened … Continue reading

PWC: Customers Want Better Retail Service

Three quarters of consumers want friendly, attentive, and present salespeople. However, 59 percent of customers reported that they had to proactively approach sales staff for information when they made their last purchases. Only 38 percent of salespeople were able to … Continue reading

New The Outlet Novaya Riga in Moscow

The scheme will be the third outlet in Russia under the management of Hines. The Outlet Novaya Riga will differ from the other outlet-format shopping malls in the country not only in its pool of tenants, but also in its … Continue reading

New Wave of Restaurants at Icon Outlet

Taking the total number of bars and restaurants under the tented roof of The O2 to 34, the best vegan, street food, and international restaurants will be opening this spring, including by Chloe., Hai Di Lao, Hook, Beer + Burger, … Continue reading

New CEO at TriGranit

After 18 years with TriGranit, and most recently as CEO, Mr Török leaves the company to pursue new opportunities outside the corporation; the Board thanks him for his long-term commitment to the firm. Eric Assimakopoulos, Chairman of the Board, is … Continue reading

Boostcom acquires iColumn

“We help shopping centers deliver an increasing share of revenue from digital. We want shopping centers to experience that digital is not only a marketing channel. It is a revenue channel. Instead of feeling challenged by e-commerce, they can push … Continue reading


Delivered by Quintain, the scheme is creating a vibrant retail and leisure offer, with a curated mix of almost 70 new shops, restaurants and services. This is in addition to London Designer Outlet, London’s largest Boxpark and the recently announced … Continue reading


Peggy Porschen’s new flagship location spans across two floors of rooms, including a ground floor consisting of The Café, The Lounge, The Salon and a lower ground floor housing The Chelsea Rose Room and Pink Peony Bar. All rooms are … Continue reading


Both properties have been leased on a long-term basis to food retail tenants with good credit ratings, and are in strategic locations with good customer potential. The transfer of ownership took place on 01/03/2019. Metzingen and Wannweil are located in … Continue reading

Development agreement secures £30m regeneration of Princess Square and creation of The Deck in Bracknell

The development agreement will bring about the next wave of the town’s overall regeneration – which will see additional food, drink, retail and leisure facilities added to the town’s already popular line up. The £30m investment by BRP and the … Continue reading

Nathalie Lohaus is new Head of Commercial Partnerships at Unibail-Rodamco-Westfield Germany

“Nathalie Lohaus is an experienced manager who is very familiar with the operative business and knows the connections between rental, marketing and events as well as branding very well”, says Paul-Eric Perchaud, Director of Operations at Unibail-Rodamco-Westfield Germany. As Head … Continue reading