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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.

More about shopping malls in France

TODAY, China:
One of the largest companies in the Asian real estate market, CapitaLand Retail opens all its shopping centers in China.
TODAY, Sweden:
Swedish fashion retailer H&M, the second-largest player in the world market, has announced plans to buy back all products from suppliers.
Apr 3, 2020, Russia:
IKEA introduced a gallery of backgrounds for video calls that are becoming increasingly popular when working from home.
Apr 3, 2020, Germany:
Faced with an extremely adverse reaction, Adidas apologized and said it would still pay rent for April.
Apr 2, 2020, USA:
The WeWork network of coworkers has started offering tenants to halve their rents, provided they sign a lease agreement for several months.
Mar 31, 2020, France:
The brand will refocus some of its production capacity on producing masks and other protective equipment to join the global fight against the pandemic.
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