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THE LATEST PLACEMAKING NEWS

credit: Nike, Inc.

Elliott Hill Rejoins NIKE As New CEO

NIKE announces that Elliott Hill will become President and Chief Executive Officer of NIKE, Inc., effective October 14, 2024. Hill will also become a Director of the NIKE, Inc. Board of Directors and a member of the Executive Committee.

New tenants and a new interior and exterior design further optimize the Dreieich Nordpark offering. Credit: MEC

MEC makes Dreieich Nordpark fit for the future with tailor-made refurbishment

Evolutionary development to secure the location: Dreieich Nordpark, located around ten kilometers south of Frankfurt am Main and a central supply location for the residents of Dreieich and the Offenbach district, has been extensively modernized – and a number of new tenants have also been added to the location’s offering.

Expansion - Landquart Fashion Outlet. /// credit: VIA Outlets

Premium Retail Brands’ Shift Towards Outlet Centres Drives 25% GLA Expansion At VIA Outlets’ Landquart Fashion Outlet ‘Swiss Alpine Gateway’

VIA Outlets has initiated a development project to expand the sales area of its Landquart Fashion Outlet in the Greater Zurich Region by around a quarter, as premium retail brands follow European consumers and shift their focus from full-price retail on the high street to the outlet center format in search of greater value and volumes.

credit: RegioData Research GmbH

RegioData: Mega Shopping Centers In Europe

No other European country has more mega shopping centers than Spain. Of the total 640 shopping centers in Spain, 74 have a leasable area of 50,000 sq m or more. The total leasable area of Spanish mega centers amounts to approximately 4.1 million sq m. Germany, on the other hand, currently has “only” 48 such mega centers but boasts a larger number of mid-sized shopping centers between 30,000 and 50,000 sq m.

Lane 7, The Playce, Potsdamer Platz, Berlin. /// credit: Lane 7

LANE7 GROUP STRIKING OUT ACROSS EUROPEAN LEISURE MARKET

As part of its ambitious strategy to grow the number of sites it operates, entertainment and leisure operator, the Lane7 Group, has announced the opening of its first venue in continental Europe at The Playce, Potsdamer Platz in Berlin in September, as well as two venues opening in Dublin in the coming months. While continuing the pace of its UK expansion – with a second London venue, in Camden, opening in October – Lane7 now seeks to grow its European portfolio by some 10 venues over the next 2 years.

credit: Esprit

Esprit Ceases Operations In France

Just over a month after the German sister companies decided to close all 56 stores, Esprit´s French subsidiary is now also ceasing operations.

credit: Tedi

Tedi Expands Its Presence In Belgium

Tedi has been present in Belgium since last year, and now the non-food discounter is significantly expanding the number of its stores in the country through an insolvent fashion retailer.

credit: Freepik

Consumer Confidence And Sentiment In Europe

Most European consumers remain wary about the economy in the third quarter, but their sentiment is improving slightly, reports McKinsey as part of its latest ConsumerWise research.

credit: ROS Retail Outlet Shopping

ROS Has Launched Its First AI Autumn Campaign

ROS Retail Outlet Shopping has created its first AI-generated campaign that will be used across its entire portfolio in seven European countries this autumn, becoming a pioneer and the first operator in the retail real estate industry to apply this technology in a campaign.

credit: Esprit

Deichmann Is Interested In Esprit´s Trademark Rights

Deichmann is interested in Esprit’s shoe brand rights, a company spokesperson said on Monday, explaining that “the offer relates exclusively to brand rights and not to operational shares in the company.”

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Retailtainment: How To Increase Experience Per Square Meter
Retailers who can always find answers to consumer needs will survive. We have dedicated this “Special” to these locations: retail concepts and locations that stage themselves for the customer, appeal to all their senses, create a holistic experience, and whose success can no longer be measured in mere sales figures.
Go to Special