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ACROSS

Fashion

credit: C&A

Group CEO Giny Boer Leaves C&A

Giny Boer is stepping down from her role as CEO of C&A Europe “in order to focus on future non-executive tasks”, the company’s Supervisory Board announced on Wednesday.

Mango Teen at Passeig de Gracia in Barcelona. /// credit: Mango

Mango Teen Store Concept Debuts In The UK

Mango has introduced its first international store dedicated to teenagers in the UK ahead of wider expansion plans for the concept. The opening, is part of Mango’s 2024 to 2026 strategic plan, which aims to reinforce its differentiated value proposition.

Inditex Headquarters. /// credit: Inditex

Inditex Shows Strong Q12024 Results

In its Q1 period, Inditex´s net profit rose 11% to 1.3 billion euros, in line with analysts’ average forecast, and despite a slight slowdown in sales.

Arena Mall exterior, Budapest. /// credit: NEPI Rockcastle

Primark Enters Hungary With It´s First Store Opening In Budapest´s Arena Mall

Primark is opening its first store in the Hungarian capital, Budapest, thus securing its 17th market, and marking a significant milestone in the retailer’s ambitious expansion plans across the CEE region. The first Primark store will be located in one of the city’s largest shopping centers, Arena Mall, and is to open on May 28, 2024.

Maison Louis Vuitton, Champs Elysées. /// credit: Shutterstock

European Luxury Retail Markets Remain Resilient

The European luxury markets remain resilient, bolstered not only by high-wealth luxury shoppers but also the return of high-spending tourists to Europe, reveals the 2024 European Luxury Retail Report by Cushman & Wakefield.

credit: H&M Group, ACROSS Magazine

H&M Brands – An Overview

ACROSS´s recent visit to H&M´s headquarters in Stockholm provided a glimpse into the chain´s current plans in the area of market expansion, and its diverse brand image. “Leading destination for style” is the main idea behind H&M, and, by diversifying their offer in homeware, and with their brands aimed at different customer groups, including a business idea of subscription-based shopping experience, they are certainly on the right track.

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THE RETAIL AND HOTEL INDUSTRY - A LONG-LASTING LOVE STORY?
From fashion capitals selling luxury products to bustling marketplaces peddling local goods, the shopping available at certain destinations is a powerful draw for many tourists. Shopping and vacations have always been closely linked. In the same way, the retail and hotel asset classes have always been interdependent.
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