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Paris is the ‘hottest’ retail market globally



Paris has been hailed as the world’s hottest retail market. France has been ranked as the leading country for all new entrants.
Paris has gained popularity among cities which retailers find most attractive. It welcomed 50 new entrants, including 10 new Business & Luxury Fashion Brands. The city gained from three new shopping centres during 2013, but most global brands were attracted by the prime high street locations. Competition on the high streets is fierce among luxury brands, due to the high demand from tourists, particularly from China.

Bucharest took 16th place in the ranking of markets targeted by retailers, with 21 new entrants being recorded. The new entries were ranked by new shopping centre opening, and the new and redevelopment leases obtained. The bulk of the new entrants occurred in shopping centres. Bucharest has 28.2% of the retailer representation, placing it 49th globally.

Tokyo has taken second spot as the most attractive city for global retailers. This has boosted confidence in Japan’s economic prospects. Hong Kong and Abu Dhabi were placed third and fourth.

London has taken top spot for the most international brands.


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YESTERDAY, USA:
There will be Lord & Taylor store back in New York. However, so far, only in pop-up format and only for the holidays.
YESTERDAY, United Arab Emirates:
The media giant Warner Bros. announced its intention to open its world's first themed hotel in 2021.
DAY BEFORE YESTERDAY, USA:
Cadillac Company offers its customers a fundamentally new experience of choosing a car.
Dec 6, 2019, USA:
Levi's Haus Miami has become home to a variety of brand collaborations, interactive entertainment, and innovation testing.
Dec 5, 2019, USA:
The Italian brand sells "the most expensive T-shirts in the world" in support of its first real estate project.
Dec 4, 2019, Malaysia:
The facility will serve dishes previously available in the planes of a famous budget Malaysian airline.
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