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GLOBAL OUTLET BRIEF
April 29, 2016 FORWARD | ADVERTISE

Fashion Outlet Halle Leipzig opens

   The first phase of the long-awaited Fashion Outlet Halle Leipzig opened on April 21 in Germany. Nearly 80,000 visitors came to the center during the first four days, and by Monday, April 25 the 11,700-m2 center had a new managing partner – Neinver.     The opening of the outlet center in the Leipzig market is a study in compromise that started with the battle of two sites only 15 km... more >>



Gunwharf Quays to host Louis Vuitton regatta

   The Louis Vuitton America’s Cup World Series will be returning to Portsmouth in July, and Gunwharf Quays will be supporting the event.  Throughout the weekend, visitors to the shopping center will be able watch the sailing on large screens, while enjoying special offers, dining and entertainment.    “As the only shopping center in the UK with sailing access, our marina will once... more >>

NY & Co. sees outlet channel as key

   During New York & Co.’s fourth quarter earnings call on March 17, COO John Worthington provided an update on the retailer’s real estate. “During 2015, we opened four New York & Company stores and continued our expansion in the outlet channel with a total of eight additional New York & Company Outlet stores,” he said. “We also successfully converted 12 New York & Company stores to New... more >>



Outlet pipeline looks robust

   VRN notes that 28 developers are planning to open 45 phase 1 outlet centers by 2018. If all opened, though that’s not likely, they would total more than 15 million sf, averaging 340,750 sf of GLA. Since 2012, an average of 10 outlet centers have opened each year; six outlet centers and one value megamall are expected to open this year.    On the planned list, Simon leads the pack... more >>



Guess’ new plan: Focus on stores

   Guess CEO Victor Herrero, CEO, told investors recently that his three-year plan to grow the brand’s revenues to $3 billion from $2.2 billion was largely dependent on adding stores – including outlets – and investing in advertising and marketing.    Though no specifics on outlet expansion were given, it is worth noting that prior to Herrero joining Guess in July 2015 from Inditex,... more >>


Profitability superior in outlet stores, says American Eagle’s CFO

   During the March 2 call with investors, American Eagle CFO Mary Boland talked about the brand’s factory channel of more than 140 U.S. units. “We are seeing a nice improvement in comps. Profitability is still good at our American Eagle Factory Stores and productivity is above the mainline full-price channel. Productivity and profitability are superior in the outlet channel.”    As of... more >>


Pig ‘N Whistle set for June 16

   The 22nd Annual Pig ‘N Whistle Outlet BBQ and Picnic is just six weeks away. Always held on the third Thursday in June, the event will be June 16 at the Knights of Columbus Hall in Washington Township, N. J. The Pig N Whistle – named for the Memphis BBQ joint that suppled the ribs for many years – is the outlet industry’s legendary social get-together, one that’s built on friendship... more >>


Retail analyst Dana Telsey to speak at VRN convention

   Dana Telsey, CEO and chief research officer of Telsey Advisory Group, will deliver the keynote address at the 2016 VRN National Outlet Convention. The event will be Sept. 26-27 at the New York Hilton and Towers.    Well-known in retail circles, Telsey will speak to the world’s largest gathering of outlet executives on “Key Trends Impacting the Consumer, Retail and Outlet... more >>


VRN National Convention information

   The 2016 VRN National Outlet Convention, previously called the VRN Fall Outlet Convention, has a full program that will include a pre-convention event on Sept. 25, as well as 13 hours of deal making, a networking cocktail reception, presentation of the Outlet Retail Chain Awards and the Outlet Hall of Fame at the seated luncheon, plus a half day of educational sessions targeting top... more >>


DOC&R seeks nominations for the Outlet Hall of Fame

   Developers of Outlet Centers & Retailers is seeking nominations for the 2016 Outlet Hall Fame, which will be held during the VRN National Outlet Convention in New York, Sept. 25-27.     Since 2005, the Outlet Hall of Fame has honored those who have worked tirelessly to expand and shape the outlet industry in every area of development and retailing. All members of the Hall of Fame... more >>


Editorial


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


Natasha Reed
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+1 646 728 3558

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Sally Stephenson
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Amie S. Leibovitz
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Terri Kelly
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