Retail Archives - Page 19 of 39

Mitiska REIM sells 25 Romanian retail parks to LCP

Mitiska REIM has announced that following the successful completion of its value creation program, it has completed the sale of 25 retail parks in Romania to LCP Group for 219 million euros. This sale is one of the largest retail real estate transactions in Romania and more than doubles the original investment over an average holding period of 5 years for investors in the FRI and FRI 2 funds which owned the assets.

Outlet Retail Specialist Realm Announces B Corp Certification

Realm joins select group of real estate businesses committed to pursuing purpose and improving impact as outlet retailing continues to lead the way in transparency and engagement.

Young Austrian coffee brand Bieder & Maier in the world`s first Zara Collective Café in Dubai

After winning the prestigious FAB Award for “Airport Coffee/Tea Shop of the Year” at Vienna Airport, the cooperation with the world’s first Zara Collective Cafe in the Mall of the Emirates in Dubai has now followed.

Loewe opens first store in Norway

LOEWE is one of the largest luxury companies in the world. Craftsmanship, progress and unsurpassed expertise in handling leather are the cornerstones of LOEWE, which has a 170-year history.

Hennes & Mauritz subsidiary Arket opens first store in Switzerland

At the end of November, the Swedish fashion label ARKET opened its doors in the beautifully renovated Swiss Life Brannhof at Lintheschergasse 8-9 in the heart of Zurich.

M Core acquires The Centre Livingston, Scotland

LCP and Evolve Estates have jointly acquired their largest retail center yet – The Centre, Livingston.

Successful First Christmas Shopping Weekend With Winter Magic At McArthurGlen Designer Outlet Parndorf

In the center’s 160 stores, fashionistas can forget the pre-Christmas shopping stress for a few hours and immerse themselves in a broad brand universe of fashion, beauty, sport and luxury.

Wintry start to the Christmas shopping season

It’s a good and atmospheric start to the pre-Christmas business: that much can be said after the first Advent weekend and a high-turnover Black Week in the previous week. Center operator SES and store owners are entering the coming weeks in an optimistic mood.

World’s largest IWC store opens in Amsterdam

The recently opened flagship store at P.C. Hooftstraat 132-13 showcases the company’s new brand identity and is a collaboration with the Dutch watch retailer Schaap en Citroen Juweliers. The brand’s largest store worldwide offers customers a brand experience back to its origins.

BIG CEE and RC Europe have reached an agreement on two projects in Serbia

BIG CEE and RC Europe have reached an agreement on the sale and purchase of two retail parks in Serbia, NEST Obrenovac and Nest Kraljevo. Process of transaction went smooth and was facilitated by CBRE.

Our Strength is the Mix

For a long time, the footwear market was one of the driving forces in the retail sector. Recently, however, hardly any other segment has seen as many insolvencies. However, where there are losers, there are always winners as well. In 2023, Deichmann is planning to make the highest corporate investment in its history – 500 million euros – and is investing in around 200 new locations worldwide.

The German sports retailer SportScheck filed for insolvency

The restructuring and investor process should be completed by the end of the first quarter of 2024.

Ranking of the most expensive shopping streets worldwide

Half of the ten most expensive shopping streets in the world are in Europe.

36 Awards at the 14th Edition of PRCH Retail Awards

At the 14th PRCH Retail Awards, the jury members awarded a total of 36 awards. This included eight gold statuettes and 27 silver statuettes, in 20 business, strategy and marketing categories. In addition, the strategic jury awarded a special prize for a project that stands out thanks to its innovative approach, setting trends in the industry.

MAPIC 2023 Award Winners: Honoring excellence, innovation and creativity in the retail real estate sector

This year’s MAPIC Awards honored winners across thirteen core categories, in addition to the People’s Choice categories and the winners of the MAPIC Academy—MAPIC’s inaugural start-up incubator sponsored by Nhood. The Awards reward exceptional retail brand performance and development, the latest cutting-edge solutions in sustainability and innovation, and the most recent real estate projects and redevelopments.

New record for the global luxury market – it will reach around 1.5 trillion euros in 2023

Luxury tourism is almost bringing Europe back to pre-pandemic levels. Even if the luxury sector has a good basis for further growth, it will need to have the ability to innovate in order to operate more efficiently in the future.

International Retailers Crowd into CEE as Economic Growth and Household Consumption Outpace Western European Markets

Rising disposable incomes across Central and Eastern European markets are outpacing those in more mature Western European economies and driving a more dynamic tempo of consumer spending in a region under-supplied with modern retail space, NEPI Rockcastle concluded in its recent third-quarter financial results.

Decathlon takes over the online outdoor specialist Bergfreunde

The transaction is expected to take place in the first quarter of 2024 and will integrate Bergfreunde into the French company as a wholly-owned subsidiary.

Start of construction and 90 percent occupancy rate for new “Food Garden” in the Main-Taunus-Zentrum

Start of construction and strong letting success for the new “Food Garden” in the Main-Taunus-Zentrum: In November, construction work began on the new highlight in the middle of the shopping center – a high-quality and varied range of restaurants with five free-standing restaurant buildings, partly covered and partly open terraces, green outdoor areas and sophisticated architecture. The opening is planned for spring 2025.

Time Out Market continues to expand its global footprint with new sites and new food hall formats

The food and cultural market’s portfolio includes seven open Markets and eight in development, with several new sites in negotiations.

VIA Outlets Sees Strong Leasing Demand with New and Existing Brand Partners Through 2023 as Fashion Brands Gravitate Towards Stellar Performing Outlet Centers

VIA Outlets has seen a surge in the pace of leasing activity across its pan-European portfolio through 2023. New and existing premium brand partners continue to open stores or increase their GLA with upsizes, bucking the challenging market conditions experienced in much of the full-price retail segment. Brands are following customer footfall and gravitating towards the strong sales outperformance offered by the outlet center format.

Leder & Schuh AG has taken over the traditional Austrian brand Delka

Delka was founded in 1907, acquired by Salamander Austria in 2011 and had 18 shops in Austria until it was spun off from the Ara Group in June of this year.

“OUR JOB IS TO GIVE THE INDUSTRY A PERSPECTIVE.”

We are in the middle of a transformation, states MAPIC Director Francesco Pupillo. The changes in the retail world are also reflected in the changing role and face of MAPIC. This includes the presence and support of new players. But in the end, the purpose of the biggest industry fair stays the same: It is a dealmaking opportunity.

Kaufland completes one of the most sustainable revitalizations to date in Bad Tölz

This Thursday, one of the most sustainably modernized Kaufland stores to date will reopen to customers in Lenggrieser Straße in Bad Tölz. Just a glance at the newly designed facade with modern, sustainable wooden elements, which blends harmoniously into the local, Bavarian building culture, makes it clear that a very special revitalization of the more than 50-year-old store has taken place here after a total renovation period of around 17 months.

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