The growing need for community-based healthcare is set to create opportunities for the retail sector across Europe, according to new research from CBRE.
Festive celebrations are proving to be a powerful driver of retail performance, according to new analysis from CACI, the data specialists focused on people and place. The company’s latest insights reveal that Christmas light switch on events significantly boost consumer spending, increase dwell time, and attract shoppers from a wider catchment area.
One of Europe’s key outlet players, NEINVER, shares strong performance in Q3 report across its entire outlet center portfolio. Overall brand sales results show an increase of 5% compared to last year’s data.
As Europe’s retailers and landlords head into the most decisive quarter of the year, success hinges not only on footfall, but on clarity. With up to 40% of annual revenue at stake, real-time sales collection and automated reporting have become critical tools to track performance, manage risk, and capture opportunities. From tenant health to turnover rent, automation is transforming holiday trading from a logistical scramble into a data-driven advantage.
Retail and tourism are merging, as malls transform into destinations where visitors seek experiences, not just products. From Dubai Mall to Mall of America, the world’s shopping centers are reinventing themselves with entertainment, digital services, and personalized journeys. With innovations like SmartGifty, even regional players such as BTC City Ljubljana are proving how digital gift cards, loyalty programs, and smart platforms can turn retail hubs into tourist magnets. The future of shopping is experiential, digital, and sustainable. And it’s already here.
The European retail investor Eurofund reportedly secured a 50% stake in the Mall of Berlin, one of the German capital’s prime retail and mixed-use properties. The transaction, based on a €700 million valuation, signals Eurofund’s growing commitment to the German market.
The Prada Group reports another year of remarkable results and solid progress, as high brand desirability and disciplined execution drove a positive trajectory on both revenue and margins. The Group’s net revenues grew by 17% to 5.4 billion euros at constant exchange rates compared to 2023, a well above-market performance marking four consecutive years of double-digit, like-for-like growth.
NEPI Rockcastle has delivered a robust performance in Q3 2024, achieving a 12.3% growth in net operating income (“NOI”) to €411 million in the first nine months (“9M”) of 2024 versus the same period of 2023. On a like-for-like (“LFL”) basis, NOI increased by 8.4%. The continuing momentum in the Company’s growth was driven by higher rents and short-term income as well as the disciplined management of operating costs.
URW reports strong performance supported by increased tenant sales and footfall, dynamic leasing activity for retail and offices, and record C&E results.
The outlet centers and retail and leisure parks managed by NEINVER in Europe continued to register growth during H1 2024, with sales 8% higher, beating 2023’s record H1 figures and further cementing the upward trend seen in recent years.
Retail tourism is here to stay. Travelers collectively spend billions of euros every year when they shop. They create jobs, providing income for retailers, craftsmen, and designers. Retail is one of the world’s most diverse industries, shaping every part of the travel experience, and retail tourism is playing a pivotal role in the recovery of the travel and tourism sector, which saw inbound tourism revenues surge by 82 percent in 2022, according to the World Travel & Tourism Council (WTTC). Despite all the challenges brought on by the pandemic, retail tourism remains strong. Furthermore, if tourism and hospitality are to play an important role in the future of retail, then the presence and location of hotels is crucial, experts say. What, however, does the joint potential of the retail and hotel industry look like? This ACROSS cover story analyzes the synergies between the retail and hotel industries.
Retail tourism is here to stay. Travelers collectively spend billions of euros every year when they shop. They create jobs, providing income for retailers, craftsmen, and designers. Retail is one of the world’s most diverse industries, shaping every part of the travel experience, and retail tourism is playing a pivotal role in the recovery of the travel and tourism sector, which saw inbound tourism revenues surge by 82 percent in 2022, according to the World Travel & Tourism Council (WTTC). Despite all the challenges brought on by the pandemic, retail tourism remains strong. Furthermore, if tourism and hospitality are to play an important role in the future of retail, then the presence and location of hotels is crucial, experts say. What, however, does the joint potential of the retail and hotel industry look like? This ACROSS cover story analyzes the synergies between the retail and hotel industries.
The trade association argues that the exemption supports a flood of cheap goods on their way to Europe, and criticizes the fact that many goods cannot be adequately checked by the customs authorities for compliance with European standards.
“Octopus is not just creating technology; we are building an entire ecosystem that mirrors the online world’s interactivity in the physical world, all centered around our screens and the Octopus app. We are crafting an environment where digital engagement is as natural and intuitive as using a smartphone or computer,” explains Emre Yıldız, CEO and Founder of Octopus, in his interview with ACROSS.
The European luxury markets remain resilient, bolstered not only by high-wealth luxury shoppers but also the return of high-spending tourists to Europe, reveals the 2024 European Luxury Retail Report by Cushman & Wakefield.
Amazon reports a profit for its retail division in Europe for the first time. The Group was helped by high tax refunds. However, the overall result on the continent has declined.
Designer Outlet Luxembourg shows strong performance since the takeover by ROS Retail Outlet Shopping one year ago. With a new center atmosphere and a more cross-border marketing approach, the premium outlet village has achieved record sales with double-digit growth and expects further improvements.
Designer Outlet Luxembourg shows strong performance in both sales and visitor numbers, while enriching the shopping experience, since the takeover by ROS Retail Outlet Shopping.
NEINVER has announced double-digit growth across its entire portfolio during the first half of the year, with total brand sales reaching 690 million euros, up 15% compared to the same period in 2022.
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