Outlet news and archive

Kering sells The Mall Luxury Outlets to Simon in 350 million euro deal

Kering has finalised the sale of its entire stake in The Mall Luxury Outlets to Simon, the U.S.-based real estate investment trust specialising in high-end retail, dining, and entertainment destinations. The transaction, valued at approximately 350 million euros, marks Kering’s strategic move to streamline its portfolio and focus on its core...

BusinessFeaturedMember

McArthurGlen reports “record-breaking” sales in 2024

McArthurGlen Group, Europe’s leader in designer outlet retailing, has reported record-breaking sales in 2024, with a turnover growth of 7 percent year-to-date. In a statement, McArthurGlen, which operates 24 centres across Europe and Canada, said the 7 percent increase in turnover built upon the previous year’s double-digit growth was driven by...

Retail

AllSaints opens New York pop-up and first Chinese outlet amid retail expansion

AllSaints is continuing on its global expansion strategy with a string of new international store openings, cementing its presence in various markets and celebrating its 30th anniversary. New York is among the cities being emphasised by the brand, and is currently home to a AllSaints pop-up space located at 500 Broadway. The 5,300 square foot...

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Under Armour faces new proposed class action lawsuit over 'false discounting scheme'

Under Armour is under the microscope once more, as the sportswear brand faces a new proposed class-action lawsuit alleging it uses a "false, misleading and deceptive pricing scheme" across its Under Armour Factory outlet stores and website. According to Linda Rappaport, a New York resident who filed the complaint in the state's Eastern District...

Retail

Moss opens first Scottish outlet as part of regional investment

Menswear label Moss has opened its first Scottish outlet store in Caledonia Park, Gretna, as it begins to up its long-term investment into the region. The premium designer outlet village, which is owned and operated by UK pension manager Railpen, is now home to one of Moss’ new generation stores, featuring the brand’s recently rejuvenated look...

Retail

Lucy & Yak to open first outlet store

Lifestyle brand Lucy & Yak has announced the opening of its first outlet store near Castleford, Yorkshire, in the discounted shopping outlet centre, Junction 32. Set to open September 6, 2024, the 1,545 square foot space will house a range of “hidden gems, discounted one-off samples, and more”, a press release read, expanding on efforts to keep...

Fashion Featured

In the name of discretion: how luxury brands offload stock

Images of unsold inventory, with garments piled high like those that end up in landfills, are mostly associated with fast fashion brands, known for their high-volume goods. However, luxury brands face similar issues of excess stock, especially in times of weakened consumer demand. Luxury brands often employ discreet and strategic methods to...

Retail

Phase Eight and Hobbs to open outlet stores in Scotland

The Foschini Group (TFG) brands’ Phase Eight and Hobbs are set to open outlet stores in a dual fascia unit at Caledonia Park, Scotland’s designer outlet village. Scheduled to open in Q4, the duo will be sharing a 3,035 square foot space that will mark the first Scottish outlet for Hobbs’ and the second for Phase Eight. The location will house...

RetailFeatured

McArthurGlen confirms Paris outlet opening date and first brands

The McArthurGlen Group, which owns, develops and manages designer outlets across Europe, has confirmed that its fourth destination in France will open on April 27 to the west of Paris. McArthurGlen Designer Outlet Paris-Giverny is described as a “visionary” shopping destination and will house 100 stores spanning more than 215,275 square feet....

BusinessMember

Alibaba’s Tmall launches livestream shopping events for Chinese consumers

Alibaba has teamed up with real estate investment trust Simon to bring a series of livestream shopping events to its Chinese customers through Tmall Global and a partnership with Shop Premium Outlets (SPO). Beginning in October, the livestream events will allow users to virtually shop SPO’s online inventory and purchase directly from...

Retail

Plans for Scandinavia’s largest designer outlet are unveiled

Malmö Designer Village is set to be the largest designer outlet in Scandinavia, with its first phase expected to open in summer 2025. Housing a number of premium retail and dining brands, the 18,000 square meter space will also include landscaped gardens, seasonal events and multisensory elements designed for a high-end shopping experience....