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London Designer Outlet (LDO) has announced that Nike is set to increase its footprint at the center by more than two thirds, as the fashion and lifestyle destination prepares for a year of new brand arrivals.

The project is developed by HG Invest in cooperation with FOC Retail Service GmbH and Outlet Evolution Services. On an area of more than 20,000 sq m, 70 shops and several hundred new jobs will be created in two phases. Its first phase will be opened in 2023, phase two is scheduled for 2026.

Since the beginning of the pandemic, the message to the UK has been to shop local and support your community during the incredibly difficult period that we all faced. Even as town and city centers began to open up again, independent retailers have maintained their position in the spotlight of the retail industry, be it bricks and mortar or online.

VIA Outlets has successfully placed the issuance of €600 million senior unsecured fixed rate green bonds due 2028. The issuance was 6x times oversubscribed attracting 190 orders from institutional investors for €3.6bn. The bonds have a 7-year maturity and an annual coupon of 1.75%.

Germany is known as a land of bargain hunters; hardly any customers are as price sensitive as Germans. It is therefore all the more astonishing that Germany has the fewest outlet centers in Europe. For every 1,000 inhabitants, there are 2.6 square meters of retail space – Austria has 8.3 square meters, Great Britain 8.6 square meters and Italy, the frontrunner, 9.1.

Icon Outlet has revealed it experienced a record-setting August across three key metrics compared to the same month in 2019. Sales increased by 24%, average transaction value grew by 11%, and footfall rose by 10% versus the same benchmarks in August 2019.

VIA Outlets has unveiled a new corporate branding following an extensive rebranding undertaking. The new branding clarifies VIA Outlets’ brand purpose as redefining the outlet shopping experience and refocusses its mission and brand experience towards digital transformation and sustainability, which will sit alongside the company’s 3 R’s strategy of remodelling, remerchandising and remarketing.