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August 4, 2015

Thomas Mark, Vice President of MK Illumination, talks with ACROSS about the most important trends in Christmas lighting and the reasons why the demands of shopping center operators are incompatible with progressive budget cuts.

Strong interest from retailers and customers’ positive views of outlets mean a bright future for Russia’s outlet centers. There is potential to launch 25 to 30 new projects in the next 10 to 15 years.

The traditional shopping center market in the country appears to be becoming saturated and investors are now seeking other “niche” retail formats.