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GLOBAL OUTLET BRIEF
July 23, 2015 FORWARD | ADVERTISE

Horizon announces 30 tenants for Laredo

Horizon Group Properties has announced 30 tenants for The Outlet Shoppes at Laredo, the Texas project it has slated to open on Oct. 1, 2016. Signed tenants include Abercrombie & Fitch, Banana Republic, Bass Shoes, Brooks Brothers, Carter's, Express, Fossil, Gap, Guess, Michael Kors, Old Navy, Perfumes 4 U, Puma, Rack Room Shoes, Skechers, Tommy Hilfiger, Wilson's Leather and Zales.The $80... more >>


Tanger ends sale offering of four outlet centers

Tanger Factory Outlet Centers has taken the four outlet centers it had earmarked for sale off the table. Tanger made the announcement after the potential buyer communicated it could not obtain acceptably priced funding for the purchase."These centers are currently cash flow positive, highly occupied and free of mortgage encumbrances," said Steven B. Tanger, president and CEO, without... more >>

J.Crew Mercantile: MFO goods in non-outlet locations

J.Crew has created a new store concept – J.Crew Mercantile – that is designed for non-outlet-center locations but will be stocked with made-for-outlet goods produced for the 142-store J.Crew Factory outlet division. The first J.Crew Mercantile opened yesterday at Shops at Park Lane in downtown Dallas. The 550,000-sf center, part of a 33.5-acre mixed-use development, is a project of... more >>


Simon names Gloucester Premium Outlets team

Simon has named three to the management team of its Gloucester (N.J.) Premium Outlets, due to open Aug. 13. The 375,000-sf project is a joint venture with PREIT. The site is at the junction of State Highway 42 and Robert Kelly Drive, about six miles off the New Jersey Turnpike and Interstate 295 and about 15 miles southeast of Philadelphia.Kristen Murdica is general manager, supervising... more >>


Neinver Amsterdam outlets project cleared

Madrid-based outlet developer Neinver has received environmental permits clearing the way for construction to start on Amsterdam The Style Outlets in Halfweg, Netherlands. The site of the 19,000-m2 project, slated to open in 2017, is midway between Amsterdam and Haarlem, on the N200 connector highway. The outlet center will be part of a mixed-use development within a master plan... more >>


Finnish Kotka Village project wins city approval

The international consortium of developers of Kotka Old Port Designer Outlet Village in Finland has won approval by the Kotka city council for its mixed-use waterfront project, which would feature a 215,000-sf phase 1 to open in 2017. The group is led by outlet development consultant Byrne Murphy with his U.S. company Kitebrook Partners. Murphy’s partners include Italy-based DEA Real... 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 >>


VRN outlet tweets read by thousands

Outlet center developers and managers, retailers and brands, real estate leasing advisors and brokers are reading and reacting to VRN tweets – more than 20,000 impressions monthly. Readers including CBL Properties, Cherokee Nation, Empire Outlets NYC, Federal Realty Investment Trust, Howard Hughes, Kimco, Lowry Outlet, New England Development, Outlets at Little Rock, Outlets of Brazil,... more >>


10,000 subscribers and growing: Global Outlet NewsBrief

If you like reading Global Outlet NewsBrief and know someone who'd like to receive it regularly, click the "FORWARD" button to have a copy emailed to him or her. They'll find it easy to subscribe or to opt out at any time. Every two weeks the editors of VRN and IOJ provide up-to-the-minute news and follow-up analysis on: outlet industry pipeline updates, outlet chain activity, outlet... 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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