Retail Archives - Page 9 of 28

ACSP Congress 2023: The Future Model For Quarter Development

“Quarters are not defined by their developers, but by those who use, work, and live in them”, stated Christoph Andexlinger, Chairman of ACSP, and CEO of the Austrian shopping center market leader SES, in his opening speech at this year´s congress, which focused on city and town quarters, while presenting not only new ideas, but bringing numerous examples of quarters in practice.

“Contribute to the well-being of the community we gather”

“The bottom line is that we use a systematic and comprehensive approach to develop sustainable real estate.” This is how Jovana Cvetković, Development, TO, and Innovations Director at MPC Properties, describes the company’s principle of commitment to innovative and integrated business. In this interview, she explains the steps MPC Properties has taken and will take on the company’s ESG journey.

Dutch retailer Jumper is taken over by Fressnapf Group

Following the merger with Arcaplanet in Italy, the investment in ZOOCITY in Croatia and the recent market entry in Romania, the business expansion in the Netherlands marks the company’s next strategic step.

Görtz plans comeback in Austria with new concepts

Görtz Chairman Bolko Kissling plans to launch eight pop-up spaces in Austria at the end of November – these will be in Vienna, Graz, Linz, Salzburg and Baden.

ROS Retail Outlet Shopping Pursues Its Trading-Up Strategy And Expansion Plans

Supported by a strong performance across its 12 premium outlet destinations, ROS Retail Outlet Shopping is focused on upgrading its brand mix. The European operator, together with partners, is set to further grow its portfolio with center extensions in Designer Outlet Gdańsk, Designer Outlet Algarve, and Designer Outlet Croatia, and the new development Designer Outlet Kraków.

Scallier Is Opening A New Retail Park In Mosnita

The retail park in Mosnita, Romania, was opened to customers on November 16. The facility has an area of 8,500 sq m, and is almost fully rented.

Construction works on phase 2 of FASHION HOUSE Pallady is well underway: opening announced for Q3 2024 and famous brands already joined the project

Last week, FASHION HOUSE Group started construction works on the second phase of the second Outlet Centre in its local portfolio in Romania, FASHION HOUSE Pallady, which will open its doors in the third quarter of 2024.

British company Hotel Chocolat acquired by US food group Mars

Chairman Angus Thirlwell and co-founder Peter Harris will receive shares valued at 140 million pounds each following the takeover. They had agreed to a takeover of Mars for 534 million pounds.

Major Milestone For Sovereign Centros As Frasers Group Opens Multi-Fascia Store At Metrocentre

Sovereign Centros has announced that Frasers Group plc has opened the doors to a brand new multi-fascia store for Flannels, Sports Direct and Everlast Gyms in Metrocentre, Gateshead.

Retail Shorts: Gerry Weber withdraws from the stock market I Natura sells The Body Shop

The financial restructuring measures will now be implemented promptly, as the restructuring plan of Gerry Weber International AG is legally binding. /// The new owner of The Body Shop is the private equity company Aurelius Group. The acquisition is expected to be completed in December, subject to approval by the relevant competition and regulatory authorities.

Signa sell-off continues

The Thai co-owner wants to take over René Benko’s entire British luxury department store, Selfridges, as further Signa shares are being sold.

Outlet 3.0 – What’s in store?

Across the outlet market, we’ve started to see a growing number of brands, including Hugo Boss, Adidas, and Tommy Hilfiger, actively seeking larger retail spaces with a clear objective: to elevate and enrich the ‘flagship’ outlet in-store experience, explains Dan Mason is Managing Director Realm. This year marks the 30th anniversary of the UK’s first outlet center, and as we look ahead to the next decade for this resilient retail sector, what will be the defining trends of Outlet 3.0?

THE LUXURY MARKET AS A TRENDSETTER FOR THE RETAIL WORLD

Luxury is more resistant than any other retail segment – especially in times of crisis. However, consumers are changing. For the new consumer generation, luxury has a new definition. Both brands as well as retailers have to adapt to this development.

Retail Shorts: Alo Yoga debut in London | Tommy Hilfiger and Calvin Klein at Caledonia Park | Phase Eight & Hobbs Upsize at Merry Hill

Recent opening announcements include Alo Yoga debut in the UK, Tommy Hilfiger and Calvin Klein opening at Caledonia park, and Phase Eight opening an upsized store in collaboration with Hobbs at Merry Hill.

Pimkie withdraws from the Spanish market

The end of an era in Spain, Pimkie’s presence has already been reduced in recent years through staff cuts and store closures. However, the fashion chain will continue to be represented in some countries, above all in France with over 300 locations.

LUXURY GOODS ARE A RELATIVELY RISK-FREE INVESTMENT FOR CONSUMERS

“Making luxury accessible to a broader audience is a successful business strategy today,” says Orsolya Hegedüs, partner at Deloitte Austria. In an interview with ACROSS, she explains why luxury is so crisis-resistant, why the segment is growing, and why brands must adapt to a new generation of consumers.

Ingka Centres Brings IKEA City Store To Brighton With Purchase Of Churchill Square

Ingka Centres, part of the Ingka Group which also includes IKEA Retail, has announced the freehold acquisition of Brighton’s main shopping centre, Churchill Square. IKEA UK and Ireland is thrilled to confirm plans to bring a brand new IKEA City store to the popular site.

European Outlet Centers Continue To Expand And Grab Market Share As More Retail Brands Take Space

Retail outlet centers, known for their brand-lead discount store formats and offers, have seen a significant leap in retail and leisure brand growth in the past year, according to a
newly-released industry report.

Cisalfa takes over Sport Voswinkel from Intersport Germany

The transaction, which includes all 50 Intersport Voswinkel stores and the company headquarters in Dortmund, is to be completed this year. The parties have agreed not to disclose the purchase price.

DownTown Bursa Life and Entertainment Center, managed and leased by Fiba CP, has opened on October 27, 2023

Fiba Commercial Properties, who undertook the leasing and asset management of the shopping mall DownTown Bursa Life and Entertainment Center, has welcomed its visitors with exclusive brands for the first time in the famous city of Bursa. Fiba CP further enriches the region with its grand opening, showcasing nearly 200 brands that span both local and global markets, adding significant value to the area.

The French footwear label Bobbies continues its European expansion and opens its first store in the Netherlands

The second store outside France, after London, has now opened in one of Amsterdam’s oldest districts in Wolvenstraat 21. This neighborhood is part of the hip “Nine Streets” shopping area, where more and more international brands are opening stores.

baumhouse: The mission is to combine retail locations with affordable and quality living space

With their baumhouse projects, Dietmar Reindl and Alexander Rössler want to combine retail locations and housing sustainably and affordably. They define affordable with rents 20% below the market level. They are planning high-quality, sustainably designed residential complexes above retail buildings. Furthermore, they explain to ACROSS what their motivation is, what social change they would like to help shape, and, above all, where the added value for investors lies.

ACROSS Retail Talk: The Winning Formats — “Key Is Optimism and a Proactive, Forward-Thinking Approach”

This time, our recurring online event, ACROSS Retail Talk, examined 2023´s winning formats, and closed with some new insights into why these formats were so successful.

MAPIC Awards 2023 finalists announced

Created in 1996, the MAPIC Awards reward excellence, innovation and creativity in the retail real estate industry, celebrating the industry’s most useful, sustainable and visionary projects.

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STRATEGIES AND EXPANSION PLANS OF RETAILERS