Retail

STRATEGIES AND EXPANSION PLANS OF RETAILERS

Fiba CP CEO Yurdaer Kahraman Receives “Outstanding Industry Leader” Award at Retail Days

Yurdaer Kahraman, CEO and Board Member of Fiba Commercial Properties, as well as Member of the ACROSS Advisory Board, has been honored with the “Outstanding Industry Leader” award at Retail Days, one of the most prestigious and respected events in the Turkish retail sector.

Matalan Plans Multimillion Pound Investment In The UK

Following its multi-year transformation program, the fashion and homeware retailer aims to invest over 25 million pounds into its UK store estate this year.

Takko Fashion Achieves Record Results In FY 2024/2025 And Continues Growth In Q1

Discounter Takko Fashion has recorded the highest sales in the company’s history for the 2024/2025 financial year. The company is thus continuing its growth course consistently and against the industry trend.

Cushman & Wakefield Takes Over Property Management And Leasing Of Aupark Bratislava

As of June 2025, Cushman & Wakefield has taken over the property management and leasing of the Aupark Bratislava shopping center, bringing the best of its retail expertise from across Central and Eastern Europe.

NEPI ROCKCASTLE CEO RÜDIGER DANY TO LEAVE COMPANY IN MARCH 2026

Rüdiger Dany, CEO of NEPI Rockcastle, the leading owner, operator and developer of shopping centers across Central and Eastern European markets and the third largest listed retail real estate company in Europe by value of assets, is leaving his position in March 2026.

Designer Outlet Kraków Welcomes More Than 50,000 Visitors on Opening Weekend

The grand opening of Designer Outlet Kraków on 22 May drew enthusiastic crowds eager to discover the city’s newest shopping destination. Over 50,000 visitors attended the opening weekend, underlining the center’s strong regional pull and growing appetite for outlet shopping.

Gen Z And Millennials Are Redefining The Global Wellness Market

To millennials and Gen Zers, wellness has become a daily, personalized practice rather than a set of occasional activities or purchases. McKinsey’s latest Future of Wellness survey finds that distinct consumer segments are catalyzing demand for goods and services in wellness subcategories.

The Body Shop Could Make A Comeback In Switzerland And Belgium

Following Coop’s decline to renew the franchise agreement in Switzerland, former Karstadt manager Stefan W. Herzberg plans to take over and reopen The Body Shop stores in Switzerland, as well as Belgium.

Outdoor Brand Helly Hansen Has Been Bought Up By Kontoor Brands

Kontoor Brands, Inc. has completed the acquisition of global outdoor and workwear brand Helly Hansen for 1.1 billion euros.

Shein To Reconsider IPO Plans Amid Criticism Over The Retailer’s Business Practices In The EU

Amid regulatory criticism from the EU, Shein is considering a listing in Hong Kong after the fast-fashion retailer’s proposed IPO in London failed to secure the approval of Chinese regulators.

Gerry Weber Closes All Stores And Sells Trademark Rights To Spanish Fashion Company

The insolvent fashion company Gerry Weber is closing all its stores, with Spanish retailer Victrix taking over the German brand.

ALDI UK TO OPEN TEN NEW STORES THIS SUMMER

Aldi is set to open ten new stores in the UK over the next 14 weeks, while a further 30 stores will undergo a refresh.

Tamaris Enters Switzerland With First Store Opening

Tamaris is debuting in Switzerland with the first store opening in Schaffhausen.

A Prime Example Of Real Estate Transformation: Union Investment Converts Former Karstadt Property On Hamburg’s Wandsbeker Markt

ISZ Immobilien Service Zentrum GmbH and Union Investment signed a lease agreement for the use of the space in the former Karstadt property in the Wandsbek Markt district by the Wandsbek district office. The new location for the Wandsbek district office has been leased for a term of 20 years. The move is scheduled to take place by 2029.

New York’s Fifth Avenue To Receive New 350-Million-Euro Transformation

New York City Mayor Eric Adams announced new investments, totaling over 350 million euros, to fully fund the transformation of Fifth Avenue into a world-class, pedestrian centered Boulevard.

Designer Outlet Kraków Celebrates Grand Opening

With over 120 international and Polish fashion and lifestyle brands, a vibrant F&B offering and a prime urban location, Designer Outlet Kraków launched with a celebratory ceremony hosted by KG Group and ROS Retail Outlet Shopping—marking a significant milestone for premium outlet shopping in southern Poland.

Levi Strauss To Sell Dockers To Reebok-Owner Authentic Brands Group

Levi Strauss & Co. has entered into a definive agreement with Authentic Brands Group (Authentic) to sell Dockers to Authentic for an initial transaction value of 275 million euros, with the potential to reach up to 345 million through a 70 million earnout opportunity in future years based on the performance of the Dockers business under Authentic’s ownership.

Germany’s Rhine-Ruhr Zentrum Starts A New Chapter As The Center’s Refurbishment Commences

The Rhein-Ruhr Zentrum (RRZ) in Mülheim, Germany, has entered a new era with the start of the conversion work. A total of around 180 million euros is to be invested in the comprehensive redesign of the center. After an intensive planning phase, the first conversion work has now begun.

M&S Faces Heavy Financial Impact Following The Recent Cyberattack Despite Strong Results In The Past Financial Year

Amid a multimillion-pound class lawsuit launched by Scottish customers against Marks & Spencer following the theft of personal data due to the recent cyberattack, the company can also expect a cyber incident impact of around 300 million pounds on its 2025/26 operating profit, looming over its highly positive results in the 2024/25 period.

CC Real Has Reinvented One Of Helsinki’s Most Iconic Shopping Destinations

The extensive redevelopment of the ITIS Shopping Center in Helsinki has now been successfully completed. With an investment of 60 million euros, CC Real has fundamentally repositioned the center by the end of 2024 and transformed it into a modern, future-proof urban destination.

Shopping Centers Of Today Are Important Leisure Destinations

In addition to its function as a supplier to the population, retail is increasingly taking on the role of entertainment. Concepts built around customer experience and gastronomy are now essential components of shopping centers, shows the latest shopping center report on Germany from the EHI Retail Institute.

GRANTHAM DESIGNER OUTLET VILLAGE DOUBLES DOWN ON SUSTAINABILITY AT ONE OF THE BEST PHYSICAL LOCATIONS IN EUROPE

Commanding one of the best locations in the UK, the Grantham Designer Outlet Village is to become one of the top 10 outlet destinations in the country upon completion. The outlet will follow the very successful blueprint developer Rioja Estates created at Malmö Designer Village when it comes to sustainability, brands and customer experience.

ACQUISITIONS AND OPERATIONAL IMPROVEMENTS FUEL OUTSTANDING RESULTS FOR NEPI ROCKCASTLE IN Q1

NEPI Rockcastle achieved a robust 12.6% increase in net operating income to 152 million euros in the first quarter (Q1) 2025 versus Q1 2024, driven mainly by the two large acquisitions in Poland in the second half of 2024 as well as several active asset management initiatives on existing portfolio.

ARKET Enters Austria With First Store In Vienna

Fashion chain ARKET, which is part of the H&M Group, is opening its first flagship store in Vienna on May 16, 2025. The opening of the first store also marks the brand’s entry to Austria.

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