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GLOBAL OUTLET BRIEF
December 13, 1901 FORWARD | ADVERTISE

3 outlet centers grand open this week;
Tanger Outlets Nat’l Harbor next week

This is getting to be a habit – three outlet centers are holding grand openings this week and a fourth will open next Thursday. Counting those four, 10 phase 1 outlet centers will have opened in 2013 and another three conversion-to-outlet projects will also have held opening parties by yearend. In the next two weeks crowds will be surging through:Spectrum Capital’s 300,000-sf Outlets of... more >>


Outlet Agenda

Fall Outlet Leasing and Marketing Convention In September, the VRN Fall Outlet Leasing and Marketing Convention moves back to Secaucus, N.J., for an enhanced program that will include keynote speakers, marketing workshops and roundtables, one-and-a-half days of deal making, and the presentation of the ORCA and Hall of Fame awards. Qualified retailers get in free, and this meeting... more >>

Mall landlords, ICSC help
aid Filipino typhoon victims

Shopping Centers Today has reported that mall landlords in the Philippines are coming to the aid of survivors of supertyphoon Haiyan (also being called typhoon Yolanda). The typhoon devastated large swaths of the country during the weekend of Nov. 9. SM Group, which is the largest mall and retailer operator in the Philippines, has established a $2.3 millionfund to provide food and... more >>


Michael Kors wins top honor
for Outlet Retail Chain Awards

The annual nomination, selection and presentation of the Outlet Retail Chain Awards has been a highlight of each VRN Fall Outlet Convention since 2004. This year’s awards, presented in October, honored 73 outlet chains that were nominated in six categories. Those winners are: The 74-unit Michael Kors outlet chain was the big winner of the year, perfectly fitting the description of the... more >>


Outlet Hall of Fame inducts 2 industry pioneers

Charles Devine, the go-to guy at Dressbarn for 27 years, and Jeremy Serwer, who started in the outlet industry with Carter’s 30 years ago, were inducted in October into the 2013 class of the Outlet Hall of Fame. The OHF honors industry pioneers who played or still play an important role in creating the outlet channel that today is so vital to the retail universe. Devine is an industry... more >>


New outlet space in 2014 could top 7 million sf

New outlet GLA opening in 2014 in the U.S. and Canada will total more than 7 million sf, VRN estimates. The new square footage will come from phase 1 projects, expansions to existing projects and conversion-to-outlet projects. Here’s how: 3 Canadian phase 1 projects totaling 1,120,999 sf (average size of 374,000 sf)8 U.S. phase 1 projects totaling 2,798,200 sf (average size of 350,000... more >>


New executives named at Premium Outlets

Simon Property Group recently announced several executive additions and promotions in it Premium Outlets division. Chidi Achara has been appointed to a new role as the company's global creative director, with responsibility for all branding activities, marketing creative and advertising execution. Achara has experience working with many of the world's leading brands including Levi's,... more >>


Overheard

"Our portfolio associated with value retail is a little over 34 percent of our business. In 2011 it generated $1.2 billion of our NOI. And it is growing." - David Simon, CEO of Simon Property GroupSee more details in the March 2013 VRN more >>


By the Numbers

The world’s 35 largest outlet centers – those that are 500,000 sf or bigger – are mostly found in North America. Twenty-five of the world’s largest are in the U.S., and three are in Canada. Two large outlet centers are in China and two more are in Australia. The 35 centers total more than 23 million sf, or about one-fourth of the world’s total outlet GLA of 96 million sf. Chelsea... more >>


Editorial


Duke Ratliff
Managing Editor
dratliff@icsc.org
+1 646 728 3570


Natasha Reed
Editorial/Production Assistant
nreed@icsc.org
+1 646 728 3558

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Sally Stephenson
Director of National Accounts,
Outlets and Specialty Leasing
sstephenson@icsc.org
+1 847 835 1617

Michael Belli
Business Development
Manager
mbelli@icsc.org
+1 714 313 1942

Amie S. Leibovitz
Business Development
Manager
aleibovitz@icsc.org
+1 773 360 1179

 

Sheila Charton
Business Development
Manager
scharton@icsc.org
+1 646 728 3545

 

 

Global Outlet NewsBrief is an ICSC bulletin produced by Value Retail News and the International Outlet Journal. To subscribe to the Global Outlet NewsBrief, please email nreed@icsc.org.

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