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ACROSS

Retail

credit: H&M Group, ACROSS Magazine

H&M Brands – An Overview

ACROSS´s recent visit to H&M´s headquarters in Stockholm provided a glimpse into the chain´s current plans in the area of market expansion, and its diverse brand image. “Leading destination for style” is the main idea behind H&M, and, by diversifying their offer in homeware, and with their brands aimed at different customer groups, including a business idea of subscription-based shopping experience, they are certainly on the right track.

credit: WISAG

EU TAXONOMY: WHERE DOES THE REAL ESTATE INDUSTRY STAND?

How far along are companies in the sustainable orientation of their proper ties? WISAG’s eleventh Sustainability Radar investigated this with its study entitled “EU taxonomy – Where does the real estate industry stand?” The result: property owners are calling for more concrete specifications.

credit:UYN

UYN opens 40 stores in Germany in 2024

Unleash Your Nature (UYN), part of the Italian sports and cycling goods manufacturer Trerè, is active in Germany with its subsidiary Tre Vertrieb GmbH for the stores and sales.

Westfield Centro /// credit: Oliver Blobel

Largest Zara flagship store in Germany – Inditex and Unibail-Rodamco-Westfield extend partnership at Westfield Centro

Zara is relocating within the shopping and leisure destination and significantly expanding its presence: Through extensive construction measures, a flagship store with 6,000 sq m of rental area is being created on a central axis on the ground floor of Westfield Centro. The opening is planned for the first half of 2025. Until then, Zara will continue to operate its current store in the center. Unibail-Rodamco-Westfield (URW) and Inditex are once again strengthening their strategic partnership in Germany with this new cooperation.

credit: BrainBox AI

Energy cost savings via AI: “Retail is where we can make the biggest difference”

Buildings are one of the main contributors to CO2 emissions: They are responsible for nearly 20% of greenhouse gas emissions worldwide. In addition, maintaining inefficient building systems costs real estate companies dearly. As Martin Gruber, Director Europe at BrainBox AI, explains, BrainBox AI is the market leader in Autonomous Decarbonization services to accelerate your decarbonization journey powered by Artificial Intelligence.

credit: ROS Retail Outlet Shopping

Place of the Week: La Torre Outlet Zaragoza

Since its opening in 2020, La Torre Outlet Zaragoza continuously provides premium experience for its customers, while also ensuring the sustainable management of its assets.

Vicolungo The Style Outlets /// credit: NEINVER

NEINVER and Nuveen Real Estate’s joint venture receives highest 5-star rating in GRESB Benchmark Report for the fourth consecutive year

NEINVER and Nuveen Real Estate have received the highest 5-star rating in the 2023 Global Real Estate Sustainability Benchmark for the fourth consecutive year for Neptune – a joint venture between NEINVER and Nuveen’s parent company, TIAA -, placing it in the top three in the “Southern Europe, Retail Centres” category in terms of overall ESG performance.

Sergio Jiménez, Marketing & IT Director at NEINVER /// credit: Neinver

Loyalty Schemes: A Win-Win For Brands And Customers

“One of the most surefire ways for management companies to optimize revenue for brands is to find ways to improve customer loyalty and to ensure both new and repeat visits,” states Sergio Jiménez, Marketing & IT Director at NEINVER.

credit:hoka

Hoka opens the first store in Europe

The running shoe specialist, which belongs to the U.S. company Deckers, is now represented at 2-3 James Street in Covent Garden in London with a store measuring around 240 sq m.

LU: concept /// credit: ambas

Leasing success for urban mixed-use project LU: in Mainz

The anchor tenant for the LU: project in Mainz has been determined. In the urban mixed-use project development by J. Molitor Immobilien GmbH and Sparkasse Rhein-Nahe, one of Europe’s most successful sports retailers, Engelhorn Sports, is opening its first store in the Rhine-Main area.

credit: ACROSS

Place of the Week: Westfield Mall of Scandinavia

The biggest shopping center in the Nordics, the Mall of Scandinavia is a combination of innovative and traditional design. Opening in 2015, the center received a very positive reception, with over 40,000 people visiting already on the first day. In 2019, Uniba-Rodamco Westfield obtained the center, changing its official name to Westfield Mall of Scandinavia.

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THE LEVEL OF EXCELLENCE WE SHOULD STRIVE FOR TODAY AND TOMORROW
Originally developed solely to meet the daily needs of consumers, shopping centers quickly became an asset class. The model worked very well for a long time, but as consumer behavior has changed, so have the requirements of tenants, operators and investors. The obvious task to satisfy customers, business partners and stakeholders is: Get your customers to return to your locations. Clear differentiation and positioning as well as a clear focus on people are crucial.
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