VRN - November 2015

November 2015



Simon boosts its SW outlet presence

The opening of Tucson Premium Outlets on Oct. 1 brings the developer’s count to four outlet centers in the Southwest, two each in Arizona and Nevada.


Fourth-quarter openings

The final rush toward pre-Thanksgiving outlet center openings includes four new phase 1 centers in the Sunbelt and two expansions.

Spotlight on Europe

Neinver launches a digital ecosystem; McArthurGlen expands its center near Hamburg, Germany.

Research: European Outlets

An analysis of Europe’s outlet centers reveals the sales power concentrated among the top 10 investors and operators, who represent 60 percent of the sector’s total sales and 46 percent of its total space.


News Up Front

Tanger sells five properties; Tulsa tussle: Simon shifts to Jenks, Horizon and Woodmont stay put; Ontario Mills expansion will add 12 stores in 2016; Ivanhoé Cambridge breaks ground on Outlet Collection Winnipeg; McArthurGlen’s Vancouver project draws 1 million visitors in 90 days; Quiksilver goes Ch.11, will close 16 outlets; Larry Phillips dies, PVH chairman and early outlet champion.

Outlet Outlook

PVH discusses tourism slumps; G-III JVs with Karl Lagerfeld; Express Factory on track for 78 outlet stores by yearend; American Eagle Outfitters readies new merchandising to improve Factory performance; Vera Bradley Factory reaches 70 percent MFO; Hudson’s Bay Co. focused on Saks Off 5th.

Development Briefs

Outlet centers across the country support breast cancer research; Settlers Green rebrands; Assembly Row eateries promote urban gardens; Craig Realty names Crystal Jones marketing director at Outlets of Traverse Mountain; Was Group leasing Red Mill Capital’s Shoppes at Livermore; Macy’s Backstage opens three N.Y. stores and test departments in Twin Cities; Woodmont granted bond for Wichita outlet project; J.Crew opens second Mercantile store, leasing activities.