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GLOBAL OUTLET BRIEF
January 8, 2015 FORWARD | ADVERTISE

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Global Outlet NewsBrief is the only news update exclusively focused on outlet retailing and development. Emailed andposted online every two weeks, Global Outlet NewsBrief is edited and written by ICSC's Value Retail News and International Outlet Journal staff. Global Outlet NewsBrief is emailed free to all VRN/IOJ subscribers, and also delivered to those ICSC members who use our quick... 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 >>

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 >>


VRN Twitter alerts surpass 15,000 reads monthly

Tune into the latest in outlet center development news and analysis via @ValueRetailNews. More than 440 current followers receive news-alert tweets several times weekly from VRN via our Twitter site: twitter.com/ValueRetailNews VRN tweets make more than 15,000 impressions each month. Visit the site and discover why companies including Cherokee Nation, Empire Outlets NYC, Howard Hughes,... more >>


Macerich Fashion Outlets division hires four

Macerich has added four new positions to its growing Fashion Outlets division: • Nikki Keiser, assistant VP-outlets. Keiser will work directly with retailers to grow their brand presence through the Macerich outlet centers. With 15 years experience in retail real estate, she joins the company from Helzberg Diamonds where she was divisional VP-real estate and played a key role in... more >>


Gap, Nike to anchor outlets at Resorts World Birmingham

Gap Outlet and Nike Factory will be among the key tenants at Designer Outlet at the NEC in Birmingham, England. Leasing agency Realm arranged the transactions. The 100,000-sf outlet center will be a main ground floor component of the 450,000-sf complex that will feature a boutique hotel, spa and casino. The opening is planned for yearend 2015. The under-construction project will be the... more >>


The Kooples opens at Zweibr├╝cken outlets

French fashion brand The Kooples opened its first outlet store on Dec. 6, a 1,570-sf space in Zweibrücken (Germany) The Style Outlets, owned and operated by Neinver. The Kooples was founded in Paris in 2008; the outlet store will offer luxury lines of apparel, accessories and footwear for men and women. Other tenants at the 326,100-sf center include Abercrombie & Fitch, All Saints,... more >>


Pyramid adds tenants to Destiny USA

Newly opened stores at Destiny USA in Syracuse, N.Y., include Flormar, a European-based cosmetics retailer, Jared, Michael’s, Microsoft Store, University Sport Shop and VF Outlet. They were joined by food vendors IHOP and Margaritaville. Owner/operator Pyramid Management said a G.H. Bass & Co. outlet store will open in April. The 850,000-sf value megamall opened in 2012. For further... more >>


Tanger drops out of Cheshire, Conn., outlet project

WS Development is going it alone on the Cheshire, Conn., outlet center project it had previously promoted with partner Tanger Factory Outlet Centers as The Outlets at Cheshire. Tanger confirmed the decision yesterday, after WSD notified town officials in December of Tanger's decision to drop out of the 461,000-sf proposed project. Elsewhere in Connecticut, the 314,000-sf Tanger Outlets... more >>


Neinver, TIAA-Henderson form JV to invest in outlets

Neinver, the second largest outlet center developer in Europe, has formed a 50-50 joint venture with TIAA-Henderson Real Estate that has already begun investing in several Neinver properties. TH Real Estate is the company formed in April 2014 by the U.S. financial services firm TIAA-CREF (60 percent owner) and UK-based Henderson Global Investors (40 percent). While Henderson has a $3... 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 >>


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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