• European retail moving at different speeds at start of 2015Tuesday 6th Jan 2015

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    European retail performance increasingly polarised says new report

    European retail markets are predominantly in good shape at the start of the year, however retail investors in Europe will need to adjust to a growing gap between robust retail markets and those that are subject to high risk in the long term, according to new research. Union Investment’s Global Retail Attractiveness Index (GRAI) shows [...]

    UK real estate: Opportunities, challenges and strategy shifts

    Royal Bank of Canada believes the current lack of a traditional cycle and big structural changes are creating significant complexity for UK commercial real estate landlords. Within that context, it believes UK REITs in our coverage benefit from relatively strong starting points and has issued outperform ratings for Landsec and Tritax and sector perform ratings [...]

    US sports footwear retailer invests in digital partner

    Foot Locker is making a $100m strategic minority investment through its subsidiary in GOAT, a managed marketplace for authentic sneakers operating the GOAT and Flight Club brands (GOAT Group). Over time, Foot Locker and GOAT Group will combine efforts across digital and physical retail platforms to create exclusive customer experiences, the company said. The breadth of Foot Locker’s [...]

    UK department store attracts financing as it plots long-term strategy

    UK department store group Debenhams has secured a cash injection of £40m, giving it more time to arrange a longer-term refinancing and store closure plan. The ailing department store chain, which has 165 outlets and employs 25,000 people, has been battling to reach a deal with its banks and bondholders after a difficult Christmas concluded [...]

    Bid for food and beverage chain withdrawn by Mike Ashley

    Mike Ashley’s Sports Direct has withdrawn a bid for the collapsed UK cafe chain Patisserie Valerie, just two days after making an offer. The retail billionaire first confirmed a surprise bid for the stricken chain last Friday evening. Patisserie Valerie collapsed last month and Sports Direct offered £15m, but was told by administrator KPMG it [...]

    Best of British heading for FOMO in Gothenburg this week

    British brands will be arriving in Gothenburg, Sweden on 15 February to appear at the FÖMO Pop-Up Store in Molndals Galleria and the Department for International Trade at the British Embassy in Stockholm. The 20 selected brands for the limited-edition concept called British Island will highlight companies and products focusing on sustainability and wellbeing. The selected product ranges from the brands [...]

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The Future of Shopping Centres
European Mall development and asset management in a changed world. Read More
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