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“Critics doubt that it really reflects the performance of shopping centers.”
First quarter (1 December 2018 – 28 February 2019) and comments by Karl-Johan Persson, CEO.
The portfolio of 15 outlet centres in Europe welcomed 42.3 million visitors in 2018.
“It has been a challenging year for H&M group and the industry but after a difficult first half, there are signs the company’s transformation efforts are beginning to take effect. Improved collections generated better full-price sales and lower markdowns towards the end of the year. This gave us confidence to accelerate our transformation plans in the fourth quarter with a particular focus on the upgrade of our logistics systems. Inevitably resulting in increased costs but will lead to a range of improvements for customers.” Karl-Johan Persson, CEO
Visitors to the centers in Spain, France, Germany, Italy and Poland totaled 41.7 million in 2017.
The shopping centers managed by Austria’s market leader SES Spar European Shopping Centers (SES) remained on a successful trajectory in 2017 and once more outdid the outstanding performance of the previous year.
Neinver continues delivering year-on-year sales and footfall increases across its outlet portfolio. In 2017, the company recorded over €917 million in sales, a 5% like-for-like increase compared to the previous year, and welcomed more than 41.7 million visitors across its portfolio of 15 outlet centres in Spain, Poland, France, Germany and Italy.
The International Council of Shopping Centers (ICSC) has released its biannual Socio-Economic Impact Report for European Retail Real Estate.
McArthurGlen Group, Europe's leading owner, developer and manager of designer outlets, announced another year of impressive growth with total sales across its 24-centre portfolio increasing to 4.5 billion euros in 2017. A strong performance that demonstrates continuous year-on-year sales growth.
“Berlin is poor, but sexy.” That’s how Klaus Wowereit, then-mayor of Berlin, characterized the German federal capital in 2003. This mainly referred to the city’s massive debt, which then amounted to around €50 billion.
Realm, the market-leading operator of outlet retail schemes in the UK, has reported the number of visitors to its schemes rose by 10.7 per cent in the first half of 2017, with footfall peaking over the Easter period, increasing by 18 per cent compared to the same period the year before.
The retail real estate landscape is evolving as investors broaden their horizons in search of returns, says new JLL report.
Allen has been appointed as intu’s Chief Financial Officer with effect from June 10, 2019.
In her new position, Lorena Díez will assume responsibility for the Financial Area of the company, including financial management and control, as well as investor relations in the six countries in which the company operates.
The Company intends to improve its ESG (= environmental, social and governance) profile through digitalisation.
The modern retail stock in Bucharest remained constant in 2018, at 1.2 million sq m. This level is 7% higher than in the Central-West region of the country, which reached 1,18 million sq m, and double the stock of the region of Moldova, which reaches 595,000 sq m.
Effective April 10, 2019, Oliver Borg has been appointed new Regional Director Germany of Metro Properties. He took over this position in addition to his current responsibilities as Director Project Development.
Sonae Sierra’s financial and operational results in 2018 reveal its solid performance and the successful implementation of its strategy. Likewise, the company has demonstrated its capacity to creating shared value by addressing sustainability issues while getting good financial results.
Otto Ambagtsheer, the COO of VIA Outlets, also joined the ICSC European Conference & Exhibition in the Catalan capital. In his interview with ACROSS, he talks – among other things – about the company’s current remodeling projects.
SIGNA Sports United is forging a strategic alliance with digital innovation leaders soccerwatch.TV and TRACKTICS with the objective of providing digitalization support to clubs in amateur and popular sports. The use of cutting-edge technologies provides teams, clubs, club members, and fans fantastic benefits in important areas such as game analysis, club management, content marketing, streaming, and much more.