Retail Archives - Page 22 of 41

Retail Shorts: Gerry Weber withdraws from the stock market I Natura sells The Body Shop

The financial restructuring measures will now be implemented promptly, as the restructuring plan of Gerry Weber International AG is legally binding. /// The new owner of The Body Shop is the private equity company Aurelius Group. The acquisition is expected to be completed in December, subject to approval by the relevant competition and regulatory authorities.

Signa sell-off continues

The Thai co-owner wants to take over René Benko’s entire British luxury department store, Selfridges, as further Signa shares are being sold.

Outlet 3.0 – What’s in store?

Across the outlet market, we’ve started to see a growing number of brands, including Hugo Boss, Adidas, and Tommy Hilfiger, actively seeking larger retail spaces with a clear objective: to elevate and enrich the ‘flagship’ outlet in-store experience, explains Dan Mason is Managing Director Realm. This year marks the 30th anniversary of the UK’s first outlet center, and as we look ahead to the next decade for this resilient retail sector, what will be the defining trends of Outlet 3.0?

THE LUXURY MARKET AS A TRENDSETTER FOR THE RETAIL WORLD

Luxury is more resistant than any other retail segment – especially in times of crisis. However, consumers are changing. For the new consumer generation, luxury has a new definition. Both brands as well as retailers have to adapt to this development.

Retail Shorts: Alo Yoga debut in London | Tommy Hilfiger and Calvin Klein at Caledonia Park | Phase Eight & Hobbs Upsize at Merry Hill

Recent opening announcements include Alo Yoga debut in the UK, Tommy Hilfiger and Calvin Klein opening at Caledonia park, and Phase Eight opening an upsized store in collaboration with Hobbs at Merry Hill.

Pimkie withdraws from the Spanish market

The end of an era in Spain, Pimkie’s presence has already been reduced in recent years through staff cuts and store closures. However, the fashion chain will continue to be represented in some countries, above all in France with over 300 locations.

LUXURY GOODS ARE A RELATIVELY RISK-FREE INVESTMENT FOR CONSUMERS

“Making luxury accessible to a broader audience is a successful business strategy today,” says Orsolya Hegedüs, partner at Deloitte Austria. In an interview with ACROSS, she explains why luxury is so crisis-resistant, why the segment is growing, and why brands must adapt to a new generation of consumers.

Ingka Centres Brings IKEA City Store To Brighton With Purchase Of Churchill Square

Ingka Centres, part of the Ingka Group which also includes IKEA Retail, has announced the freehold acquisition of Brighton’s main shopping centre, Churchill Square. IKEA UK and Ireland is thrilled to confirm plans to bring a brand new IKEA City store to the popular site.

European Outlet Centers Continue To Expand And Grab Market Share As More Retail Brands Take Space

Retail outlet centers, known for their brand-lead discount store formats and offers, have seen a significant leap in retail and leisure brand growth in the past year, according to a
newly-released industry report.

Cisalfa takes over Sport Voswinkel from Intersport Germany

The transaction, which includes all 50 Intersport Voswinkel stores and the company headquarters in Dortmund, is to be completed this year. The parties have agreed not to disclose the purchase price.

DownTown Bursa Life and Entertainment Center, managed and leased by Fiba CP, has opened on October 27, 2023

Fiba Commercial Properties, who undertook the leasing and asset management of the shopping mall DownTown Bursa Life and Entertainment Center, has welcomed its visitors with exclusive brands for the first time in the famous city of Bursa. Fiba CP further enriches the region with its grand opening, showcasing nearly 200 brands that span both local and global markets, adding significant value to the area.

The French footwear label Bobbies continues its European expansion and opens its first store in the Netherlands

The second store outside France, after London, has now opened in one of Amsterdam’s oldest districts in Wolvenstraat 21. This neighborhood is part of the hip “Nine Streets” shopping area, where more and more international brands are opening stores.

baumhouse: The mission is to combine retail locations with affordable and quality living space

With their baumhouse projects, Dietmar Reindl and Alexander Rössler want to combine retail locations and housing sustainably and affordably. They define affordable with rents 20% below the market level. They are planning high-quality, sustainably designed residential complexes above retail buildings. Furthermore, they explain to ACROSS what their motivation is, what social change they would like to help shape, and, above all, where the added value for investors lies.

ACROSS Retail Talk: The Winning Formats — “Key Is Optimism and a Proactive, Forward-Thinking Approach”

This time, our recurring online event, ACROSS Retail Talk, examined 2023´s winning formats, and closed with some new insights into why these formats were so successful.

MAPIC Awards 2023 finalists announced

Created in 1996, the MAPIC Awards reward excellence, innovation and creativity in the retail real estate industry, celebrating the industry’s most useful, sustainable and visionary projects.

René Benko hands over the chairmanship of the SIGNA Holding Advisory Board to Arndt Geiwitz

René Benko has handed over the chairmanship of the Advisory Board of SIGNA Holding to Arndt Geiwitz. Geiwitz additionally will take over the chairmanship of the Shareholders’ Committee of SIGNA Holding. The Benko family private foundation will continue to be the Holding company’s largest shareholder.

Women’s fashion retailer Madeleine is still looking for investors

To date, no one has been found. The first steps have already been taken: Most of the current 200 employees have already been made redundant, but a small team is still processing orders received.

The Traditional Home of Retail – ACROSS Study Tour to Istanbul 2024 /// April 17th to 19th

The Traditional Home of Retail: exciting shopping-places with unique stories and forward-looking ideas. The third ACROSS Study Tour takes us to the Anatolian Peninsula.

People On The Move

Recruitments, promotions and appointments.

The KaDeWe Group has expanded its management to a trio

Following André Maeder’s move to Selfridges in London, three new members were appointed to the Management Board: Michael Peterseim (CEO), Timo Weber as Chief Retail Officer (CRO) and Simone Heift Chief as Merchandising Officer (CMO).

Woolworth expands in Austria and opens first location in Eisenstadt

After more than a decade, Woolworth is returning to the Austrian market with its new successful concept. In addition to the store in Eisenstadt, more than 30 new openings are planned by the end of 2024.

New openings at La Torre Outlet Zaragoza

Following its latest recognitions such as ‘Great Retail Company’ and ‘TripAdvisor Traveler’s Choice 2023’, La Torre Outlet Zaragoza continues to build on the momentum of its latest achievements.

Portland Design is Creating the Mall of the Future for Cenomi Centers

Portland is working with Saudi Arabia real estate developer Cenomi Centers on its “Mall of
The Future” strategy. At the heart of the project is a fundamental shift in perspective,
where the conventional role of the mall will be re-thought and transformed into a multipurpose, experience-driven lifestyle destination.

Jack & Jones opens omnichannel store in QUARREE Wandsbek in Hamburg

The 170 sq m store offers cool and uncomplicated looks for trend-conscious men. As an additional service for goods that are not currently in stock, customers are offered delivery by post within three days.

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Retail

STRATEGIES AND EXPANSION PLANS OF RETAILERS