Ticker Archives

Esprit Closes Last Remaining Stores In Germany

January 31, 2025

Following previous plans, fashion group Esprit is closing the last of its stores in Germany at the end of January.

H&M Showed Slight Sales Decline During Last Financial Year But Cost-Cutting Measures Have A Positive Effect

January 30, 2025

H&M suffered a slight decline in sales in the 2023/24 financial year, however, it was able to improve its earnings thanks to efficient cost-cutting measures.

In 2024, ALEXA Berlin Confirmed Its Leading Position In The German Retail Market And Plans To Further Sharpen Its Profile As A Trend Center

January 30, 2025

The ALEXA shopping and leisure center in Berlin-Mitte can look back on an extremely positive 2024. The center, which is owned by Union Investment and managed by Sonae Sierra, was able to further expand its position as one of the most attractive retail locations in Germany with 17 new leases and 18 lease extensions and was named Germany’s best inner-city center. Further optimizations are planned for 2025.

Ikea Plans To Expand Digital Second-Hand Marketplace In Europe

January 29, 2025

Following a successful trial period in Oslo and Madrid, Ikea’s second-hand platform “Preowned” is ready to expand across the whole of Norway and Spain, with plans to continue its expansion throughout Europe.

Galeria Store Chain Had Profitable Start In 2025

January 28, 2025

According to its co-owner, the German department store chain Galeria has made a profitable start to the new financial year following the insolvency proceedings concluded in the summer.

SES Commissioned With The Center Management Of Hungarian KORZÓ For Another Five Years

January 28, 2025

The owner of the KORZÓ shopping center in Nyíregyháza, Hungary, a pan-European banking group, has commissioned SES Spar European Shopping Centers to manage the center for a further five years.

Köln-Arcaden In Germany Receives A Sustainable Mixed-Use Development from Union Investment

January 28, 2025

Union Investment, owner of the Köln Arcaden shopping center in Germany, is planning to develop the site into a new mixed-use quarter. The preliminary planning envisages around 108 apartments, some privately financed and some publicly subsidized, as well as senior citizens’ apartments, a facility with care places for senior citizens and office space for a total of around 800 employees.

Olaf Ley Takes Over The Management Of Eurofund Germany

January 27, 2025

Eurofund Group has appointed Olaf Ley, who has been with the Group since November 2024, as the new CEO Retail for Germany.

Rituals Solidifies Expansion Plans After Achieving Record-Breaking Sales In Q4

January 27, 2025

Rituals solidifies expansion plans after topping 2 billion euro in sales for the first time in its 25-year history.

Pepco Shows Interest In Acquiring NKD’s Discounter Chain In Germany

January 24, 2025

With the discounter having recorded continuous losses in the past few years, chain-owner TDR Capital is reportedly considering selling the assets. Now, one of the chain’s major competitors, Pepco, is showing a lot of interest.

Confirmed: Westfield Hamburg-Überseequartier to open on April 8, 2025

January 24, 2025

URW now officially announces that the retail opening of Westfield Hamburg-Überseequartier will take place on April 8, 2025.

SES Introduces Certified Environmental Management System

January 23, 2025

SES sets a strong example for sustainable management and environmental protection with the successfully introduced comprehensive environmental management system and received ISO 14001 certification from TÜV AUSTRIA. This applies to both the SES headquarters and 15 SES shopping malls in Austria.

Signa Founder René Benko Has Been Arrested

January 23, 2025

Benko was arrested in Innsbruck, Austria, on Thursday on suspicion of being involved in a criminal offense and having committed a crime, confirmed the Public Prosecutor’s Office for Economic Affairs and Corruption.

Westfield-Hamburg-Überseequartier’s Opening Date Is Being Finalized

January 23, 2025

According to reports, investor and operator Unibail-Rodamco-Westfield is expected to officially announce the opening date of Westfield-Hamburg-Überseequartier already in the following days.

Special Issue “Industry Outlook 2025”

January 23, 2025

We present our Online Special “Industry Outlook 2025”.

Adidas Finishes 2024 With Strong Q4 Results

January 22, 2025

adidas announced preliminary results for the fourth quarter of 2024. In Q4, currency-neutral revenues increased 19%, while in euro terms, the company’s revenues grew 24% to 5,965 million euros (2023: 4,812 million euros).

Management Change At Outletcity Metzingen

January 22, 2025

COO Regine Schöllkopf-Pinakidis has been appointed as CEO at Outletcity Metzingen, forming a new management board with CFO Michael Henseling.

German Shoe Chain Görtz Files For Insolvency Again

January 21, 2025

After its recent insolvency case in 2022, Hamburg-based Görtz Retail GmbH has filed for insolvency again.

Gymshark On Expansion Course With Debut Opening In Dubai

January 21, 2025

Gymshark is opening its first permanent store outside the UK in The Dubai Mall, as part of its international expansion.

Ruby Hotels Enter Hungary In First Expansion Towards Eastern Europe

January 20, 2025

Ruby continues its expansion across Europe by introducing its first Hungarian property. This mixed-use conversion will feature a Ruby Hotel with 181 stylish rooms, alongside retail and gastronomic outlets, as well as a food and cultural market.

Unibail-Rodamco-Westfield Strengthens Strategic Partnership With Decathlon

January 17, 2025

Unibail-Rodamco-Westfield (URW) Germany is enriching the already diverse and attractive tenant and brand mix of Westfield Ruhr Park in Bochum and Palais Vest in Recklinghausen: with the sporting goods manufacturer and retailer Decathlon, another anchor partner is coming on board in both shopping centers. At Westfield Ruhr Park, Decathlon will present its extensive product range on a sales area of more than 1,000 sq m. At Palais Vest, the store will cover almost 1,000 sq m of sales area. The stores are scheduled to open in spring 2025.

Primark Opens Its First Standalone Primark Home Store

January 17, 2025

Set to open in March, Primark continues to expand its homeware and lifestyle offering with its first-ever Primark Home store.

“There is a viable solution for every property”

January 16, 2025

In an interview with ACROSS, Joachim Stumpf, Managing Director of BBE Holding and IPH Handelsimmobilien, analyzes the role of retail real estate in light of the current economic and social situation. His conclusion: “The advancing polarization is a key issue when we discuss what options we have to counter the transformation in retail. Against this backdrop, we also need to rethink retail and locations. Despite all the challenges, good and individual types of use can be found for all properties – but getting there can be painful.”

Eurofund Group Strengthens Its German Team

January 15, 2025

Eurofund Group is further expanding its presence in the German market and is strengthening its team with Marc Heppner as the new Director Development.

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