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Mario Schwann, General Manager of Designer Outlet Parndorf. /// credit: McArthurGlen Designer Outlet Parndorf/Martin Zeman

Designer Outlet Parndorf Shows Strong Summer Performance

For Designer Outlet Parndorf, the first six months of the year were already a success story, and the 160 or so popular luxury, designer and sports stores, long opening hours until sunset and the gastronomic offerings once again brought numerous customers to the center during the summer months, shared the designer outlet in a recent press release.

credit: Foot Locker

Foot Locker To Exit Nordic Countries By Mid-2025

Foot Locker plans to shut down stores and e-commerce operations in Denmark, Norway and Sweden. This will result in the closure or transfer of operations for approximately 30 stores of the company’s 629 stores in Europe, expected to be completed by mid-2025.

credits: ON running, saint laurent bebylone, freitag, pj.lobster, the (any)thing, veja

Ten Of The Coolest Stores In Europe

The General Store, an Australian consulting agency, presented the 50 coolest stores in the world at the World Retail Congress in Paris. According to the consulting agency, the so-called coolness factor is of great importance at the moment: in addition to design, service, and impressive experiences, creativity, cult status, and commercial viability were decisive factors in the evaluation.

credit: NEPI Rockcastle

NEPI ROCKCASTLE RAISES GUIDANCE FOR FULL YEAR EARNINGS GROWTH

NEPI Rockcastle achieved a 13.5% increase in net operating income (‘NOI’) in the first half of 2024 compared to 274 million Euro compared to 241 million Euro in H1 2023. On a like-for-like basis, NOI was 10% higher in H1 2024 compared to H1 2023, excluding the impact of developments completed after 30 June 2023 and industrial property sold in January 2024.

credit: Nike

Nike Suspends Online Sales in Türkiye

Nike suspended online sales in Türkiye via its website as well as mobile app. The decision is based on an increase in customs taxes levied by the country on online purchases from abroad.

Lefto-to-right: Alexander Eck (Member of the SES Management Board), Christoph Andexlinger (CEO of SES), Marcus Wild (SPAR CEO), Dr. Michael Heinisch (Chairman of the Vinzenz Group Management Board), Sigrid Miksch, MSc (Head of Health Park Management at the Vinzenz Group) and DI (FH) Otto Brandstätter, MSc (Head of Development Shopping Center & Special Projects at SES). /// credit: Christian Leopold, SES Spar European Shopping Centers

New Health Parks To Be Introduced In SES Shopping Malls

At the end of July, Austria’s market-leading shopping center operator SES and Vinzenz Gruppe Service, an expert in health parks, signed a partnership agreement to jointly develop long-term health centers at selected SES shopping locations and thus strengthen regional healthcare provision in the long term.

credit: Savills

Savills: Significant Growth For Europe´s Food And Grocery Market Ahead

According to Savills research „European Grocery Market 2024“ the European grocery sector has a positive growth outlook for the coming years. Improving consumer confidence, inflation slowly returning to target rates and a forecasted rise in retail sales bode well for consumers, retailers and investors alike. In Europe, the highest growth in retail sales in 2025 is expected in the Czech Republic and Belgium, with a 6% increase anticipated in both countries.

Westend shopping center, Budapest, Hungary. /// credit: TriGranit

Investment Group DRFG Acquires Developer TriGranit

The investment group DRFG’s portfolio is expanding with an important addition: the acquisition of one of the largest privately-owned real estate development platforms in Central Europe, TriGranit.

credit: Aydee, ACROSS

Aydee — Make Your Products Smart And Priceless

Aydee is a pioneer in the realm of “smart labeling” who offers a Digital Product Passport solution for luxury brands. By integrating digital labels into a variety of products, the solution offers instant access to essential information about authenticity, traceability, and sustainability.

Steffen Hofmann, Managing Partner at ambas Real Estate (left), Designer Outlet Croatia, managed by ROS (right). /// credit: ambas, ROS Retail Outlet Shopping

ambas Advised Shareholders Of ROS In Their Platform Sale To FREY

As a retail specialist advisor, ambas Real Estate Gmbh served as exclusive sell-side advisor to the shareholders of ROS – Retail Outlet Shopping GmbH in the sale of their pan-European outlet mall management platform to the French FREY group.

credit: Søstrene Grene

Søstrene Grene Plans Expansion In Germany

Søstrene Grene is continuing its expansion in Germany with another branch opening in Augsburg on July 26. According to the company, more than 80 stores are to be in operation in Germany by the end of the month.

Designer Outlet Croatia, managed by ROS Retail Outlet Shopping. /// credit: ROS Retail Outlet Shopping

ROS Retail Outlet Shopping Becomes Part Of The French Property Group FREY

ROS Retail Outlet Shopping, the 4th largest European operator with 12 managed outlet shopping destinations in 7 countries, has been acquired by the French FREY Group, a developer, investor and manager, and a real estate company listed on the Paris stock exchange, specialising in the development and operation of open-air shopping centers in Europe.

Varena Vöcklabruck /// credit: Robert Fritz

Cool Shopping Malls Are Particularly Popular In The Heat

To be “the coolest place in town” as a shopping center, one needs more than just trendy stores: When outside temperatures are high, shopping centers are particularly popular because of their pleasant air conditioning. Sophisticated building technology is used to save energy. SES’s motto is to air-condition carefully and make use of existing resources. The air conditioning in SES centers is 100 percent powered by green electricity from renewable energy sources and, depending on the location, also uses well cooling and groundwater pumps.

Norbert Scheele /// credit: C&A

RETAIL OFFERS AN ATTRACTIVE WORK ENVIRONMENT – THAT REALITY NEEDS TO BE BETTER COMMUNICATED!

Norbert W. Scheele has worked for C&A in various functions and countries for more than 40 years. Not only does he have four decades of first-hand experience dealing with change in the retail sector, he has also overseen the expansion into Eastern Europe. At a time when the mood in the world of retail is more divergent than ever between the East and the West, when the middle segment is shrinking in favor of luxury and discount stores and consumers as well as employees seem to have become more and more demanding, it is all the more worthwhile to take a look at the situation and the development of retail in Austria and Europe with an experienced retail expert like Norbert W. Scheele. For 6 years he is as well vice president of the Austrian retail association.

Filip Vojtech, Retail Expert, GfK. /// credit: GfK

LUXEMBOURGERS HAVE THE MOST MONEY TO SPEND ON RETAIL

The average retail purchasing power in Europe is 6,517 euros per capita. However, there are significant differences among the 25 analyzed European countries: At 12,067 euros per capita, Luxembourgers have the most money to spend in the retail sector. Romania, on the other hand, has the lowest retail spending potential. There are also strong regional differences within the respective countries. These are some of the results of the newly released GfK study on retail purchasing power in Europe.

credit: C&A

Group CEO Giny Boer Leaves C&A

Giny Boer is stepping down from her role as CEO of C&A Europe “in order to focus on future non-executive tasks”, the company’s Supervisory Board announced on Wednesday.