Retail Archives - Page 6 of 28

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.

Opening of Westfield Hamburg-Überseequartier on April 25, 2024: Letting rate for retail, dining and leisure area now at almost 90 percent

Unibail-Rodamco-Westfield (URW) announces the grand opening date of April 25, 2024 for the mixed-use quarter in Hamburg’s HafenCity. This will mark the peak of the project development and give the city of Hamburg a new vibrant location in the heart of HafenCity – a new piece of the city that dynamically combines all aspects of life such as living, working and leisure.

Wormland has filed for insolvency

The men’s fashion chain Wormland operates twelve stores throughout Germany and employs around 400 people. The process is due to be completed in summer 2024.

Redevco Appoints Sasha Silver as Head of Global Client Group

Redevco has appointed Sasha Silver as Head of Global Client Group, where she will be responsible for the company’s client relations and capital raising. Silver will join Redevco’s executive management team and strengthen its focus on expanding the company’s client offering and strategic relationships.

Mango plans to open 500 stores by 2026

Mango announced its expansion plans, changes to the company’s management, but also an increase in sales of 12 percent compared to 2022 to more than three billion euros.

Puig acquires cosmetics brand Dr. Barbara Sturm

Puig has announced the acquisition of a majority stake in the German molecular cosmetics brand Dr. Barbara Sturm. Founder Dr. Barbara Sturm will retain a minority stake and continue to hold the position of Chief Product Development Officer.

ROSSMANN achieves record sales of 13.9 billion euros

The Group’s investment volume in the new 2024 financial year is over 65 million euros more than in the previous year at 390 million euros. The investments will be made in around 253 new stores, 75 of them in Germany.

Following the acquisition of EOD, Paul Valentine and Groundies, Weltbild continues to position itself in the area of sustainability with Vamos and Fitz & Huxley

With the “House of Brands”, the Augsburg-based company is creating its own direct-to-consumer brands in the categories Books & Media, Home & Living, Garden & Nature, Health & Wellness, Children & Family and Sustainability & Resale.

First Orage store opens in Europe

The first flagship store of the Canadian outdoor and ski clothing brand is located in Chamonix, France.

Louis Vuitton launches special store concepts for the Pharrell Williams collection in more than 50 locations worldwide

A temporary location on the Avenue des Champs-Élysées in Paris, presentations in the stores in NYC and 16 shop windows in London’s Selfridges department store as well as a pop-up are just some of the attractions for the sales launch.

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