Issue 2019 September 3rd

    0

    AliExpress and D.Phone opens first European physical store

    The first physical store in Europe for AliExpress has opened at the Madrid shopping centre, intu Xanadú. The store, a collaboration between AliExpress and D.Phone and opened on 25 August. AliExpress is a global retail online marketplace under the Alibaba Group and D.Phone is a major Chinese retailer of mobile phones and accessories. D.Phone serves [...]
    0

    New ownership structure and CEO for VIA Outlets

    VIA Outlets – the fast growing owner-operator of premium outlet shopping destinations in Europe – has confirmed that both Hammerson and APG have each increased their ownership in the business by over 3% (6.25% combined), and now each own a 50% stake in the €1.6bn premium outlet business. Hammerson and APG have purchased the balance [...]
    0

    Cycle phenomenon opens latest leisure showroom in Leeds

    Peloton, the global interactive fitness platform that revolutionised the fitness industry, is to open its latest showroom in Victoria Gate, part of its flagship destination Victoria Leeds. The new location will be the company’s sixth showroom in the UK, and its first outside of London. Expected to open in Leeds this autumn, the new 1,000 [...]
    0

    Sports Direct boss funds lawsuit to overturn the deal that rescued Debenhams

    The CVA for Debenhams, the UK department store, is being challenged by Combined Property Control Group, which is the landlord of six Debenhams stores in England. The high court has heard that Sports Direct boss Mike Ashley wants to “eliminate a competitor” by backing a lawsuit that could plunge Debenhams back into administration. Debenhams gained approval [...]
    0

    German and Austrian acquisitions for retail parks

    Despite the German and Austrian markets facing a consumer sales slowdown, the investment market remains relatively robust. Leasinvest Real Estate has acquired two retail parks near the largest shopping complex in Austria, Shopping City Sud. The retail scheme comprises 330 shops spread over 235,000 sq m and has a footfall of approximately 20 million visitors a year. Located in [...]