January 24, 2024

ShoppingCity Seiersberg: record results for 2023 and a positive outlook for 2024

ShoppingCity Seiersberg closes 2023 with impressive record figures – over 7.3 million guests visited Austria’s third-largest shopping center. This represents an increase of +1.3% compared to the previous record year 2022 and an astonishing +17% compared to 2019.

Paul Smith closes all stores in Germany

Inflation and consumer restraint following the pandemic made the company’s own bricks-and-mortar stores in prime locations such as Munich’s Luitpoldblock and Hamburg’s Hohe Bleichen increasingly unprofitable.

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