Retail news: mall and brand expansion

Malls.com was lucky enough to catch up with Peter Courtney at MAPIC, Cannes, France. Peter is a Director at Lunson Mitchenall and specializes in shopping center development, asset management and leasing.

The opening Europe’s largest shopping mall in Moscow comes at an extremely bad time for those funding this project.

The owner of Zara, Inditex, has seen a dramatic online sales increase of 42% to reach a record figure of €553m (£442m), even though other fashion chains continue to struggle.

Retailers across Britain have employed additional staff to assist with the Black Friday shopping circus due to happen during this week.

<p>Unibail-Rodamco SE has increased its investment in Europe and is planning to add an additional mall in Berlin.</p>

<p>The Office for National Statistics (ONS) released data that indicates that online and store sales have risen by 0.8% from September to October. This places the annual growth at 4.3%.</p>

<p>Redevelopment plans for the Stadium Shopping Center have been revealed by the owner.</p>

A new development in the US that is getting closer to the grand opening date is the brand new Westfield World Trade Center.

The recently ended MAPIC event in Cannes, France was marked by high levels of innovation, confidence and internationalization.

<p>Peppa Pig, the cartoon character known for jumping in muddy puddles and popular with UK preschoolers, is set to generate $1 billion in international merchandising and TV revenues in 2014.</p>

<p>The recently-formed VIA Outlets, created by a partnership between Hammerson, Value Retail, Meyer Bergman and APG, have acquired a new European portfolio of three outlet retail centers</p>

For a number of years the MAPIC Awards have been rewarding and recognizing excellence, innovation and creativity in the retail real estate sector.