Figures are up for Fashion House Outlet Centre Bucharest
Fashion House Group, part of the Liebrecht & wooD Group, registered its best results in the last seven years for Fashion House Outlet Centre Bucharest.
The good performance was a direct result of the continuous improvement of the premium retail offer within the commercial center, with eight new store openings and lease contracts signed. The business indicator with the best evolution in 2017 was retail sales, which increased by 10% compared to the previous year, an annual growth rate of more than triple of the one registered in 2016.
Managing Director Brendon O’Reilly stated: ”2017 brought yet another strong performance, which proves that the Romanian consumer is becoming more and more aware of the relationship between his spending and the quality and value of the fashion products he desires. That is why significant increases for all business indicators are registered every year; we can see that our buyers are more satisfied with the premium fashion offer that is available at Fashion House Outlet Centre Bucharest.”
At HyperIn our mission is to offer the leading retail real estate management platform for connecting digital and physical consumer journeys. We truly believe that shopping destinations will also in future be lively places for consumers to visit and get inspired. However, this requires that landlords will be able to deliver all these experiences in a convenient way, like it is expected in 2020.
The best shopping centers must be underpinned by a technology platform powered by high density, connected technology infrastructure, technology services and real-time, actionable shopper data, delivering a highly personalized experience for how shoppers want to engage with the destination. It must be an online to offline to online journey and it should be continuous not just at a few key times a year.
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