Retail Archives - Page 15 of 37

Retail Shorts: Otto launches live shopping on Apple TV I Influencer Karo Kauer opens store at Westfield Überseequartier in Hamburg

Recent announcements include the opening of Karo Kauer in Überseequartier Hamburg and the launch of the Otto Live Shopping app.

JD Worldwide Opens Fashion Goods Warehouse in Paris

The warehouse is located in a suburb of Paris in Val-d’Oise. It mainly stocks fashion items from over hundred European brands such as clothing, jewelry and beauty products.

H&M closes one fifth of its stores in Spain

H&M Group brands are available in 4,375 stores in 77 markets worldwide and online in 60 markets via physical and digital channels.

The Basel fashion retailer Tally Weijl has a new majority shareholder

Convergenta Invest, owned by the Media Markt founding family Kellerhals, now holds a two-thirds majority and is the main shareholder of the Swiss fashion chain.

Casino seals sale of all major supermarkets

Casino has reached an agreement with Les Mousquetaires and Auchan Retail on the sale of the 288 hypermarket and supermarket locations.

Evolve Estates elevates retail presence with strategic acquisition in North East

Evolve Estates, part of M Core, has marked a significant milestone with the acquisition of Billingham town centre, in County Durham.

Outlet Aubonne: The Only Outlet in French-Speaking Switzerland Strengthens its Ambitions for 2024

Outlet Aubonne, the only outlet shopping center in French-speaking Switzerland, starts the new year with ambitious prospects. Under the direction of a new retail management company since early 2023, the shopping center is constantly innovating and adapting to the needs of its customers.

ShoppingCity Seiersberg: record results for 2023 and a positive outlook for 2024

ShoppingCity Seiersberg closes 2023 with impressive record figures – over 7.3 million guests visited Austria’s third-largest shopping center. This represents an increase of +1.3% compared to the previous record year 2022 and an astonishing +17% compared to 2019.

Paul Smith closes all stores in Germany

Inflation and consumer restraint following the pandemic made the company’s own bricks-and-mortar stores in prime locations such as Munich’s Luitpoldblock and Hamburg’s Hohe Bleichen increasingly unprofitable.

Purchasing power in Europe: Regional inequalities are increasing

The current RegioData Research analysis on available income in Europe reveals increasing inequalities among individual countries, regions, and also within population groups.

For more sustainability: Kaufland publishes its sustainability report

Kaufland’s companies in Germany are presenting their holistic commitment to sustainability in detail as part of the Green Week with the publication of their first sustainability report for the 2022 financial year (March 1, 2022 to February 28, 2023). The report provides information on the goals, measures and structures Kaufland has created in Germany. The focus is on shopping more consciously, conserving resources, protecting the climate and strengthening society.

ETRO UNIQUE – first store for men’s bespoke tailoring in Milan has opened

Etro has already gained initial experience with tailor-made products in key markets in North America and Japan.

Patou opens first flagship store in France

The brand has so far focused on developing its retail presence in Japan and South Korea, where PATOU has ten independent boutiques.

People On The Move

Recruitments, promotions and appointments.

Italian fashion house Trussardi is close to a deal with Miroglio Group

The brand is to be transferred to the manufacturer and distributor of ready-to-wear items together with some of its stores.

Italian outdoor brand La Sportiva opens first store in North America

The outdoor brand’s first store is located at 2100 Broadway in Boulder, Colorado, and offers the entire La Sportiva range, including climbing and running shoes, ski touring equipment and premium clothing.

NEINVER unveils new look for F&B Plaza at Viladecans The Style Outlets

NEINVER has put the finishing touches on the revamped F&B Plaza at Viladecans The Style Outlets, the only outlet center in the Barcelona Metropolitan Area. Aimed at rejuvenating the center’s main social and leisure zone, the refurbishment has resulted in enhanced terraced dining areas, seating and events spaces, contributing to a more all-round shopping experience.

ECE Marketplaces increases leasing performance in the shopping centers to 800,000 sq m of leased space

Shopping center operator ECE Marketplaces achieved a strong leasing performance in 2023 and once again increased the leased space in its centers. In total, ECE Marketplaces achieved a leasing performance of around 800,000 sq m in the centers it manages and leases in 2023, an increase of almost 50 percent compared to the previous year. ECE concluded a total of around 2,600 lease contracts in 2023.

JTRE London acquires leasehold for 220 Blackfriars Road for landmark 400-million-pound mixed-use scheme

JTRE London has acquired a long leasehold interest to develop the 220 Blackfriars Road development in partnership with Southwark Charities.

The German brand Bree is insolvent

The first insolvency application was filed back in 2019, but this was averted thanks to the entry of Portuguese automotive supplier Coindu.

SES strengthens the area of sustainability and creates a new position for Corporate Sustainability

The topic of ESG affects all divisions of SES Spar European Shopping Centers. Austria’s market-leading operator of shopping malls is therefore becoming even more involved in this area as of January 1, 2024 and is establishing the Corporate Sustainability department for this purpose.

Swiss Arklyz Group is the new owner of Lloyd

Arklyz Group AG, based in Stans, Switzerland, will strategically align the company in the wholesale and omnichannel sector in future and also drive forward its internationalization.

Multi Corporation awarded new property management mandate in Portugal

Multi Corporation has been awarded the property management mandate for Plaza Madeira, a premier shopping destination in Funchal, Madeira.

MEC rents 172,000 sq m of total space in 2023

MEC has achieved a new rental record: The retail real estate specialist and national market leader for the operation of specialist retail centers was able to conclude over 258 new and follow-up rental agreements with a total area of 172,000 sq m in the past financial year.

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