Issue 2011 March 15th

This issue was created on 2011-03-15 12:25:00

  • Gap decision echoes global estates trendMarch 15, 2011
US retailer Gap’s announcement this week that it is to close over 20% of its stores around the world reflects a wider trend for fashion stores to focus on fewer, larger stores to build their brands. Gap follows Abercrombie & Fitch, Hollister, TopShop, New Look and a host of smaller labels in determining that less is more in another important development for the retail real estate industry.
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