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Search Results for: retail events – Page 16

Shopping centers have been facing a growing number of challenges in the last few years, with many retailers failing to adapt quickly enough to competition from online retail platforms and changing customer habits that reflect new priorities and expectations. Chapman Taylor Group Board Director Jon Hale and Prague Studio Director Filip Pokorny examine how malls in CEE must adapt so that they can flourish in the coming years.

PROPTECH COLUMN | “As digital consumer databases typically reach between 10% and 50% of unique annual physical visitors and beyond, each shopping center would have as strong a value proposition vis-à-vis tenants in the digital space as those with physical stores.” | By Peter Tonstad

Westfield last year launched ten centres in France, Sweden, Poland and Czech Republic and Westfield Mall of the Netherlands will be the eleventh in Continental Europe when it opens in March 18, 2021. The Mall is already 85% pre-let as another 21 new brands sign from Fashion, Food & Beverage and Outdoor categories join the new Westfield lifestyle destination.

The shopping center and management division of Abu Dhabi-based Lulu Group International, Line Investments & Property LLC, boasts a portfolio of malls through the Gulf and India. +++ TribecaCity in Mauritius continues to rise up out of the ground, with good progress being made on the scheme’s basement levels. Benoy is delivering architecture, interior design and master planning for the 150,000 sq m project. +++ The Netherlands-based design firm MVRDV has released details about Glass Mural in Detroit, USA.

Empty food courts, declining sales figures, stricter hygiene regulations, and shortened opening hours have created problems for gastronomy operators within shopping centers. As a result, alternative interim concepts are in high demand.

The capital’s leading fashion and lifestyle outlet centre is set to re-open after the current lockdown with the addition of another brand, having signed iconic London-based accessories retailer Radley. London Designer Outlet will reinforce its reputation for quality and choice at outlet prices as it signs quality handbag retailer Radley, which designs and crafts stylish handbags and accessories, to open a 1,440 sq ft store in the centre in Wembley Park.

A women-lead opening panel featuring 3 international retail real estate leaders: Joanna Fisher (ECE), Cristina Santos (Sonae Sierra) and Anne-Sophie Sancerre (URW).

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.

Hines, the international real estate firm, has summed up the performance results of the Outlet Village Belaya Dacha for the three quarters of 2020. According to the numbers, Moscow’s outlet village welcomed +5% more visitors compared to the same period in 2019.

This year’s Mapic will take place in the digital realm. Entitled “Embracing collaborative retail: ready to change the rules?” its conference program has been adapted to fit our new reality, says Director Nathalie Depetro.

As shopping centers and retail spaces experiment with the so-called “new normal” following months of closures, restrictions, and cancelled events, we should not forget that “the most wonderful time of the year” still lies ahead of us, and it deserves to be celebrated in style.

Eurovea, which opened its doors on the banks of the Danube River roughly 10 years ago, is one of the most visited destinations in Bratislava. The shopping center is currently undergoing expansion.

On October 1, 2020 Globetrotter opened its new flagship store in Schloßstraße 20 in Berlin-Steglitz. With concept, planning, shopfitting and digital touchpoints, the Store Makers of umdasch developed the 4,000 sq m outdoor experience center as general contractor together with the Globetrotter team. The result was a “more than just a reinvention” of a successful brand as a spectacular shopping experience.

The New York fashion company Polo Ralph Lauren is opening a new 160 square meter store on the first floor of the Mall of Berlin in Berlin-Mitte. The opening is scheduled for mid-November 2020.

Icon Outlet has revealed its performance figures for the 12-week period post-lockdown, with sales increasing by 30% between the first week and the 12th. Sales have trended from approximately 65% of previous year like-for-like at reopening to around 95% like for like in weeks 11-12. Icon Outlet’s weekly footfall has also doubled since reopening and now stands at 75% of prior year footfall. The latter compares to an average footfall of 59% of pre-Covid levels for the average London High Street according to Springboard*.

Europe’s largest mixed-use project to date is due to be built in the Romanian capital. An investment in the amount of 2.87 billion euros has been made.

Further solidifying its position as the capital’s leading premium fashion and lifestyle outlet centre, London Designer Outlet in Wembley Park has signed further top brands, in deals that were mostly negotiated during the coronavirus lockdown. Police, in its first store in London, and NICCE, in its first stand-alone store, are amongst the top names set to join the line-up at the outlet centre in Wembley Park which has seen strong trading figures since the post-lockdown reopening in June.