Retail Market Study 2015
Transcription
Retail Market Study 2015
7 EUROPE AMERICAS ASIA & PACIFIC MIDDLE EAST & AFRICA FULL EDITION/DIGITAL locationgroup research location-group.com retail-study.com eLocations.com Retail Market Study 2015 NOW ONLINE AVAILABLE AT eLOCATIONS.COM FIND ALL NEW OPENINGS ON THE MAP Bally London Hublot Zurich Shang Xia Shanghai Tesla Vancouver Alexander McQueen Tokyo Fashion District Dubai John Varvatos New York Charlotte Olympia Hong Kong Apple Istanbul Forever 21 Santiago Vacheron Constantin Sao Paulo 150 GLOBAL CITIES 500 SHOPPING MALLS 800 HIGH STREETS 1,000 RETAILERS Colette Cape Town Givenchy Seoul Tod's Sydney. 1,500 PAGES, 3,000 STORE OPENINGS 50,000 SHOPS OPENING AVAILABLE AT ELOCATIONS.COM ONLINE 100,000 READERS REACHED SO FAR) HOLIDAY RESORTS, EXPANSION PLANS, M&A TRANSACTIONS Armani Billionaire Celine Via Serlas, St. Moritz Via Serlas, St.Moritz Storchengasse, Zurich Dsquared Gucci Gucci Plazza da Scuola, St.Moritz Andrassy ut, Budapest Maximilianstrasse, Munich La Perla Louis Vuitton Moncler Storchengasse, Zurich Promenade, Gstaad Schutterhoofstraat, Antwerp Moncler Moncler Moncler Rue du Rhone, Geneva Ginza, Tokyo Americana Manhasset, Long Island Moncler Peuterey Prada The Location Group Amsterdam l Geneva l Hanoi l London l Munich l New York l Paris l St. Moritz l Vienna l Zurich l T + 41 44 225 95 00 locationluxury Preview 7 EUROPE AMERICAS ASIA & PACIFIC MIDDLE EAST & AFRICA FULL EDITION/DIGITAL locationgroup research location-group.com retail-study.com eLocations.com Retail Market Study 2015 NOW ONLINE AVAILABLE AT eLOCATIONS.COM FIND ALL NEW OPENINGS ON THE MAP Bally London Hublot Zurich Shang Xia Shanghai Tesla Vancouver Alexander McQueen Tokyo Fashion District Dubai John Varvatos New York Charlotte Olympia Hong Kong Apple Istanbul Forever 21 Santiago Vacheron Constantin Sao Paulo 150 GLOBAL CITIES 500 SHOPPING MALLS 800 HIGH STREETS 1,000 RETAILERS locationgroup research | Retail Market Study 2015 Colette Cape Town Givenchy Seoul Tod's Sydney. 1,500 PAGES, 3,000 STORE OPENINGS 50,000 SHOPS OPENING AVAILABLE AT ELOCATIONS.COM ONLINE 100,000 READERS REACHED SO FAR) HOLIDAY RESORTS, EXPANSION PLANS, M&A TRANSACTIONS 3 THE LOCATION GROUP IN NUMBERS How many? How big? How far? Fascination about Retail 150 FASHION RETAIL CITIES WITH MORE THAN 500 SHOPPING STREETS PRESENTED IN THE UNIQUE RETAIL MARKET STUDY 2014 ON MORE THAN 1,500 PAGES €1,000,000,000+ BOUTIQUES, RETAIL SHOPS AND RETAIL PROPERTIES BROKERED IN THE PAST 10 YEARS 100,000 35 GLOBAL CITIES THE LOCATION GROUP BROKERED MORE THAN SQUARE METERS OF BOUTIQUES WORLDWIDE AMSTERDAM | ANTWERP | BASEL | BERLIN BUDAPEST | COPENHAGEN | DÜSSELDORF LAS VEGAS | ST. MORITZ | TOKYO | TORONTO VANCOUVER | VIENNA | WARSAW | ZURICH AROUND 3,000 BRANDS AND RETAILERS ARE COVERED IN OUR CRM DATABASE 50 LOCATION.TV VIDEOS ABOUT THE MOST INTERESTING HIGH STREETS WORLDWIDE MORE THAN 300 ALMOST 250’000 READERS SAW BROKERED IN 10 YEARS WITH +1,000 STORE OPENINGS GLOBALLY FACTS & FIGURES THE LOCATION GROUP 5,000 PAGES BOUTIQUES RETAIL MARKET STUDY 6 locationgroup research | Retail Market Study 2015 eLOCATIONS.COM IN NUMBERS How many? How big? How far? Fascination about Retail OWNERSHIP, TENANT AND BROKER INFORMATION ABOUT 150 CITIES OF FASHION RETAIL IN MORE THAN 50 INTERNATIONAL COUNTRIES PRESENTED ONLINE IN A UNIQUE DATABASE FOR THE VERY FIRST TIME IN RETAIL HISTORY MORE THAN 1,000,000,000 PICTURES AND RETAIL PROPERTY INFORMATION FROM ALL OVER THE WORLD AT ONE SIGHT 500,000 RETAIL PROPERTIES IN PRIME LOCATIONS LAS VEGAS | ST. MORITZ | TOKYO | ZURICH | LONDON AROUND LOCATION INTELLIGENCE THANKS TO THE R E V O L U T I O N A RY NEWLY DEVELOPED PRECISE ONLINE LOCATION ALGORITHM 10,000 INTERNATIONAL CITIES AND THEIR HIGHSTREETS VISIBLE TROUGH ONE CLICK 140 BOUTIQUES ALONE AT BAHNHOFSTRASSE ONE OF THE MOST INTERESTING HIGH STREETS WORLDWIDE MORE THAN 10´000 STORE OPENINGS FOR RETAILERS | FOR BROKERS FACTS & FIGURES THE LOCATION GROUP GLOBALLY DIGITALLY DOCUMENTED locationgroup research | Retail Market Study 2015 eLOCATIONS FOR LANDLORDS | FOR ASSET MANGERS 7 locationgroup Now available online with 15,000 Store openings´s worldwide A Nicht frankieren Ne pas affranchir Non affrancare Geschäftsantwortsendung Invio commerciale-risposta Envoi commercial-réponse The Location Group Rennweg 58 CH-8021 Zurich www.eLocations.com locationgroup Now available online with 15,000 Store openings´s worldwide www.eLocations.com A Nicht frankieren Ne pas affranchir Non affrancare Geschäftsantwortsendung Invio commerciale-risposta Envoi commercial-réponse The Location Group Rennweg 58 CH-8021 Zurich Retail Market Study 2015 ( Digital/PDF ) orders can also be made online at www.retail-study.com. Retail Market Study Europe 2015 (digital) per issue (Specials: Holiday Resorts, European Shopping Malls & Retail Real Estate Investments) EUR 195,Issue(s) Retail Market Study Middle East, Asia & Pacific, and Africa 2015 (digital) EUR 195,- Issue(s) Retail Market Study North and Latin America 2015 (digital) (Specials: Retailer Expansion Plans and Retail M&A Deals Worldwide)EUR 195,Issue(s) Retail Market Study Full Edition Worlwide 2015EUR 495,Issue(s) Retail Market Study 2015 (printed)EUR 1,495,Issue(s) Surname/First name Street Company PostCode/City Country Telephone E-Mail Signature Retail Market Study 2015 ( Digital/PDF ) orders can also be made online at www.retail-study.com. Retail Market Study Europe 2015 (digital) per issue (Specials: Holiday Resorts, European Shopping Malls & Retail Real Estate Investments) EUR 195,Issue(s) Retail Market Study Middle East, Asia & Pacific, and Africa 2015 (digital) EUR 195,- Issue(s) Retail Market Study North and Latin America 2015 (digital) (Specials: Retailer Expansion Plans and Retail M&A Deals Worldwide)EUR 195,Issue(s) Retail Market Study Full Edition Worlwide 2015EUR 495,Issue(s) Retail Market Study 2015 (printed)EUR 1,495,Issue(s) Surname/First name Street Company PostCode/City Telephone Signature Country E-Mail Preview Table of Contents 01 Overview Europe 46 Oslo 02 Overview Switzerland 47 Stockholm 03 Zurich 48 Helsinki 04 Geneva 49 Overview Russia 05 Lucerne 50 Moscow 06 Lugano 51 St. Petersburg 07 Swiss Department Stores 52 Overview Eastern Europe 08 Swiss Shopping Mall 53 Kiev 09 Swiss Retail Real Estate Investments 54 Tallinn 10 Swiss M&A Deals 55 Riga 11 Overview Germany 56 Vilnius 12 Berlin 57 Warsaw 13 Munich 58 Prague 14 Hamburg 59 Budapest 15 Cologne 60 Bucharest 16 Frankfurt 61 Almaty 17 Stuttgart 62 Baku 18 Düsseldorf 63 Overview Southeastern Europe 19 German Shopping Malls 64 Athens 20 German Retail Real Estate Investments 65 Belgrade 21 German M&A Deals 66 Skopje 22 Overview Austria 67 Zagreb 23 Vienna 68 European Shopping Malls 24 Salzburg 69 European Retail Real Estate Investments 25 Innsbruck 70 Overview Holiday Resorts 26 Austrian Shopping Malls 71 Monte Carlo 27 Overview United Kingdom 72 Nice 28 London 73 Cannes 29 Dublin 74 Saint-Tropez 30 Edinburgh 75 Chamonix 31 Glasgow 76 Courchevel 32 Overview Western & Southern Europe 77 Cortina d‘Ampezzo 33 Paris 78 Porto Cervo 34 Brussels 79 Forte dei Marmi 35 Antwerp 80 Capri 36 Amsterdam 81 St. Moritz 37 Milan 82 Gstaad 38 Roma 83 Andermatt 39 Florence 84 Zermatt 40 Venice 85 Crans-Montana 41 Barcelona 86 Kitzbühel 42 Madrid 87 Sylt 43 Lisbon 88 Balearic Islands 44 Overview Northern Europe 89 Aspen 45 Copenhagen 90 The Hamptons 4 locationgroup research | Retail Market Study 2015 Preview 91 Hawai 136 Kobe 92 Overview Middle East 137 Sydney 93 Istanbul 138 Melbourne 94 Tel Aviv 139 Brisbane 95 Beirut 140 Overview Africa 96 Abu Dhabi 141 Casablanca 97 Dubai 142 Marrakech 98 Riyadh 143 Algiers 99 Jeddah 144 Cairo 100 Kuweit 145 Accra 101 Doha 146 Lagos 102 Amman 147 Windhoe 103 Muscat 148 Johannesburg 104 Overview India 149 Cape Town 105 Mumbai 150 Overview North America 106 New Delhi 151 Vancouver 107 Overview Asia & Pacific 152 Toronto 108 Hanoi 153 New York 109 Ho Chi Minh City 153 New York 110 Bangkok 154 Boston 111 Kuala Lumpur 155 Chicago 112 Singapore 156 Washington D.C 113 Jakarta 157 Atlanta 114 manila 158 Miami 115 Overview China 159 Houston 116 Beijing 160 Dallas 117 Shanghai 161 Denver 118 Hong Kong 162 Las Vegas 119 Macau 163 San Francisco 120 Chongqing 164 Los Angeles 121 Wuhan 165 San Diego 122 Chengdu 166 Overview Latin America 123 Xi‘an 167 Mexico City 124 Shenyang 168 Panama City 125 Harbin 169 Bogota 126 Asia & Pacific 170 Lima 127 Guangzhou 171 Santiago 128 Qingdao 172 Sao Paulo 129 Seoul 173 Rio de Janeiro 130 Taipei 174 50 Biggest International Retail Investments 131 Tokyo 175 50 most popular store openings in 2014 132 Yokohama 176 Top Prime Shopping Centres Opened In 2014 133 Osaka 177 Most Expensive Retail Locations Worldwide 134 Nagoya 178 Appendix Special expansion plans & new retail concept 135 Sapporo 179 Appendix M&A Deals Worldwide 180 Shopping Streets and Shopping Malls locationgroup research | Retail Market Study 2015 Index 5 Preview 1 New York . NEW YORK is one of the most populous urban agglomerations in The retail boom hit the wall the world, with a population of over 8.3 million, and it exerts a signifi- Retail may be sizzling in New York City, but industry experts anti- cant impact upon commerce, finance, media, art, fashion, research, cipating the rise of online shopping are predicting brick-and-mortar technology, education, and entertainment. New York is an important retailers will reduce the amount of square footage they lease across centre for international diplomacy and has been described as the the United States in the next few years. cultural capital of the world. Megastores like J.C. Penney and Macy’s have announced major Location Average prime Average prime rents/sqm/year rents/sqm/month (Euros)(Euros) Fifth Avenue (48th Street–59th Street) 30,142 2,512 Times Square 19,806 1,651 Madison Avenue (59th Street–72nd Street) 13,824 1,152 Prince Street 10,605 884 East 57th Street 8,532 711 34th Street–Herald Square 7,019 585 Broadway–Soho5,041 420 Greene Street 353 4,241 store closings, and Sears closed its flagship Chicago store after closing hundreds of other stores. Retailers across the United States are expected to shrink their stores by one third to half of their current size in the next five to 10 years. With retail rents soaring to more than 1,000 US Dollars per square foot in New York’s shopping meccas like Soho and Lower Manhattan, the pressure to downsize is even greater. MADISON AVENUE Bluemercury and Brora invaded As retail leasing activity on Upper Madison Avenue continues to thrive, the American beauty retailer Bluemercury and upscale Scotland-based knitwear company Brora have signed leases totalling 2,680 square feet at 1200 Madison Avenue on the Upper East Side. Skyline, New York 6 locationgroup research | Retail Market Study 2015 Preview Manhattan’s top 10 most expensive retail leases Rank Tenant Landlord 1 Kingsville Investment $17 million 677 Fifth Avenue 20,600 2TopshopVornado Realty Trust $15 million 608 Fifth Avenue 45,000 Microsoft Estimated annual rent (US Dollars) Address Size (sq ft) 3RestorationAurora Capital Associates, HardwareWilliam Gottlieb Real Estate $9 million 9–19 Ninth Avenue 70,000 4 Bottega VenetaWildenstein family’s 740 Madison SPE $8 million 740 Madison Avenue 24,000 545 Fifth Avenue 24,000 5NBA Moinian Group 6 Skechers USA SL Green Realty 7 QelaThor Equities 8 SamsungThor Equities, Taconic Investment Partners 9 Whole Foods Equity Office 10ZaraL&L Holding, Beacon Capital $7.5 million $7 million 1515 Broadway $6 million 680 Madison Avenue $5.6 million 3,519 837 Washington Street 6,230 17,500 $5.3 million 1095 Sixth Avenue 32,000 $5.2 million 222 Broadway 30,000 Source: Therealdeal.com The new Bluemercury, which opened its doors in mid-October le net lease, in which Madewell will also be responsible for other 2014, occupies 1,705 square feet at the southwest corner of 88th charges such as electricity and property taxes. The space was pre- Street and is the brand’s second location on the Upper East Side. viously occupied by Banana Republic, which vacated several years ago, leaving the store empty. The second lease at 1200 Madison Avenue, totalling 975 square feet, represents upscale Scottish clothing brand Brora’s first US Roundabout Couture went direct to its third store location. Brora will be in close proximity to other popular retailers Roundabout Couture, the high-end consignment shop which calls like Brooks Brothers, Theory, Madewell and Lululemon Athletica. itself the country’s “leading purveyor of luxury resale and discount couture”, has signed a lease for its third Manhattan store, this one Alice + Olivia doubled store on the same street at 1100 Madison Avenue between 82nd and 83rd Streets. The rent The fifth Alice + Olivia store in New York and the second on Madi- on the 1,040-square-foot space, which was formerly occupied by son Avenue was opened on 19th June 2014. It is located at 1186 Lumas, was 525 US Dollars per square foot. The new Roundabout Madison Avenue, the former space of florist Alexander Florals, bet- store started trading from March 2014. ween 86th and 87th Streets, and joins the brand’s other bases in the Meatpacking District, Soho, Lower Madison Avenue (at 65th Street), LeSportsac debuted flagship store and Bryant Park. In close proximity, the brand competes with James The iconic handbag brand LeSportsac has expanded with the ope- Perse, Joie, and Theory in the same price range. ning of a new flagship New York store. The space is located at 1065 Madewell headed uptown with Teen Vogue and special guest Twilight actress Nikki Reed in Madewell has slipped into its fourth store in Manhattan. The a colourful 40-year anniversary celebration, showcasing a number growing seller of women’s clothing and denim has moved into a of fun spring styles. Madison Avenue, between 80th and 81st Street. The brand partnered 5,635-square-foot space at 1144 Madison Avenue. This is its first Upper East Side outpost. The store is nestled in between Teavana Interior designer debuted jewellery store and Lululemon and opened its doors in the spring of 2014. Lisa Jackson, the interior designer turned jewellery designer of LJ Cross opened a jewellery boutique at 994 Madison Avenue in mid- Madewell has taken the space for 10 years. Asking rent for the sto- October 2014. The 400-square-foot store showcases Jackson’s refront, located near the corner of East 85th Street, was 200 US jewellery collection of modern, edgy crosses in various shapes and Dollars per square foot. The deal was structured as a so-called trip- sizes.... locationgroup research | Retail Market Study 2015 7 Preview 2 Hong Kong . HONG KONG is China’s third most populous metropolitan region, and Greater Hong Kong, with 17,000 inhabitants per square kilometre, is the world’s most densely populated area after Monaco. Location Average prime Average prime rents/sqm/year rents/sqm/month (Euros)(Euros) Russell Street, Causeway Bay 23,729 1977 Tsim Sha Tsui 18,733 1561 Queen‘s Road, Central 17,828 1486 Causeway Bay 17,560 1463 due to the region’s diverse culture which amalgamates its Chinese Canton Road, Tsim Sha Tsui 17,296 1441 roots with a British influence stemming from its colonial past. This Central 14,6721223 mixed culture is also true for Hong Kong’s fashion scene. Many Mongkok 11,360947 Hong Kong’s population has increased by a factor of 12 over the past six decades, rising to over 7.2 million in 2014. Hong Kong is often described as a place where “East meets West” visitors travel to Hong Kong knowing that a huge variety of clothes and shops awaits them. From skyscraper malls and flagship stores to charming stalls and chic boutiques, Hong Kong caters for every need, want and desire. Skyline, Hong Kong 8 locationgroup research | Retail Market Study 2015 Preview CENTRAL – QUEEN’S ROAD Zara reinforced in Asia APM Monaco bowed in Central Zara finally opened a new global flagship in the heart of Hong Kong, Jewellery brand APM Monaco has just launched a new flagship introducing its latest image to one of the most buoyant cities in Asia store in the Central district of Hong Kong. The new store is located and one of the busiest business hubs anywhere in the world. at 9 Queen’s Road, making it easy for the Central workforce to pop in and browse during lunch breaks. The new location, which Zara took over from rival H&M, is located at 70 Queen’s Road, Hong Kong’s major economic artery and cur- APM Monaco is a jewellery company founded in 1982 in Monaco rently the hub of the financial and commercial activity which charac- with a vision to bring fast fashion to consumers in the form of affor- terise this great city‘s Central district. dable, well-made jewellery fashioned from low carat gold. Now present in over 46 countries, the brand is about translating the glamour The store, which has a floor area stretching over 5,109 square and tradition of the lifestyle of the south of France into jewellery. metres and six storeys, occupies the historical Crawford House, a unique period building which bears the hallmarks of the Chinese renaissance. The Spanish giant will shell out 1.4 million US Dollars (10.9 million HK Dollars) a month—double what H&M had been paying. Esprit joined Central Esprit joined other fashion retailers in expanding to Central. The international clothing retailer splashed out 257,962 US Dollars (2 million HK Dollars) a month to rent multi-storey premises at 110–116 Queen‘s Road Central for its new retail outlet. Esprit‘s new outlet, with a gross floor area of 1,666 square metres, is located near the central- and mid-level escalators. Esprit has aggressively sought a foothold in Central after losing some of its store premises in Mong Kok, Causeway Bay and Tsim Sha Tsui to competitors. Baldinini’s next stop Baldinini is growing its international presence with new store openings around the world. The first leg of the trip was a Baldinini store in China, specifically in Hong Kong, where the brand opened a flagship store of 200 square metres at the strategic location of Queen’s Road, Central, in January 2015. Other destinations lined up include Russia, the Middle East and the Far East. CENTRAL – THE LANDMARK Charlotte Olympia opened Charlotte Olympia Dellal, the designer known for creating shoes loved and worn by many celebrities, has opened a new boutique in Hong Kong in partnership with Pedder Group. The new boutique is located at The Landmark. The store is furnished in-keeping with the iconic elements of the Charlotte Olympia brand: a gold spider web is on the window, and the brand’s signature mirrored walls and leopard-print furniture are in evidence.... locationgroup research | Retail Market Study 2015 9 Preview 3 London . LONDON is the capital city of England and the United Kingdom. London has an official population of over 8.3 million, making it the most populous municipality in the European Union; this number accounts for Location Average prime Average prime rents/sqm/year rents/sqm/month (Euros)(Euros) New Bond Street 14,925 1,244 Old Bond Street 13,195 1,100 2011 census, while the London metropolitan area is the largest in the Sloane Street 11,013 918 EU with a total population of 13.6 million. The Greater London Authori- Oxford Street 9,944 829 ty puts the population of the London metropolitan region at 21 million. Covent Garden 9,279 773 Brompton Road 8,423 702 Regent Street 8,303 692 King’s Road 6,885 574 Mount Street 6,885 574 Carnaby Street 6,879 573 Kensington High Street 3,441 287 12.5% of the UK population. The Greater London Urban Area is the second largest in the EU, with a population of 9.8 million according to the London is a leading global city. It is one of the world’s leading financial centres and has the fifth or sixth largest metropolitan area GDP in the world, depending on which measurement is used. London is a world cultural capital. It is the world’s most visited city as measured by international arrivals, and has the world’s largest city airport system as measured by passenger traffic. Skyline, London 10 locationgroup research | Retail Market Study 2015 Preview OLD BOND STREET now, the first floor. By undertaking an expansion into the first floor, La Perla paid Gina to snap up prime location Tod’s has shown their commitment to 2–3 Old Bond Street and its The Italian corset maker La Perla has increased its global presence unsurpassed position on the street. by setting up a new store on London’s Bond Street in July 2014. The lingerie retailer was understood to have paid a premium of five DOVER STREET million pounds for the location at 9 Old Bond Street. The key money Loewe owned a new space has been paid to shoe retailer Gina, and is in addition to the rent Parent company LVMH is quite visibly shaking things up at Loewe, that La Perla must pay to the landlord for the 1,000-square-foot the Spanish luxury fashion and leather goods brand. Under newly shop. appointed, British-born creative director Jonathan Anderson and by churning out more appealing collections, Loewe is repositioning Tod’s enlarged store space itself in the global retail arena and has opened a new space in one Tod’s has occupied the store at 2–3 Old Bond Street since 2002 of the planet’s leading stores: the original Dover Street Market in and has now agreed terms with NFU Mutual to enlarge the store London. Located at 17–18 Dover Street, Mayfair, the label’s store to incorporate the first floor. The Italian luxury brand occupies the spans two floors and not only reveals its new retail aesthetic but 6,000-square-foot store arranged over the basement, ground and, also presents the first collection of items designed by Anderson... locationgroup research | Retail Market Study 2015 11 Preview 4 Paris . PARIS is the cosmopolitan capital and most populous city of at the heart of the Île-de-France region. The city has 2.34 million Location inhabitants, while its metropolitan area is one of the largest popula- Avenue des Champs-Élysées 16,263 tion centres in Europe, with more than 12 million inhabitants. Rue Saint-Honoré 8,621 718 Avenue Montaigne 8,533 711 Place Vendôme 8,432 703 Rue du Faubourg St Honoré 7,550 629 Rue de la Paix 7,082 590 Boulevard Haussmann 5,946 495 Boulevard St. Germain 5,929 494 Rue des Francs Bourgeois 4,600 383 A new deal was signed on Avenue des Champs-Élysées, one of Rue de Passy 4,000 333 the most prestigious shopping streets in the world, in early 2014. Rue des Rosiers 4,000 333 The French brand Maje has replaced Aigle on the uneven side of Rue de Rennes 3,700 308 the avenue, at numbers 31–33. The one-level store spans a surface Boulevard de la Madeleine 3,650 304 Boulevard des Capucines 3,650 304 Avenue de l’Opéra 3,500 292 Avenue George V 3,389 282 Rue de Rivoli 3,371 281 France. It is situated on the River Seine, in the north of the country, Since Paris is one of the most popular tourist destinations in the world, dubbed the City of Light (la Ville Lumière) and the Capital of Fashion, it is home to the world’s finest and most luxurious fashion designers and cosmetics. AVENUE DES CHAMPS-ÉLYSÉES Maje replaced Aigle of 135 square metres. Galeries Lafayette sets sights on the most famous avenue The Galeries Lafayette Group has just announced its exclusive negotiations to take over the lease of the store located at 52 Avenue Average prime Average prime rents/sqm/year rents/sqm/month (Euros)(Euros) 1,355 Skyline, Paris 12 locationgroup research | Retail Market Study 2015 Preview Tiffany & Co., Avenue des Champs-Élysées, Paris des Champs-Élysées in Paris, the famous spot previously occupied The new Tiffany & Co. flagship store by a Virgin Megastore. The lease was signed at the end of 2014. April 2014 marked the official arrival of the legendary jeweller Tiffany & Co. on one of the most famous boulevards in the world, This 9,000-square-metre store, one of the biggest retail spaces on bringing the essence of American glamour and over 175 years of the Champs-Élysées, will become the new flagship model for Gale- design excellence to the Champs-Élysées. ries Lafayette, alongside the historic department store on Boulevard Haussmann. The shop, nestled among luxury and specialty stores, has a retail area of 929 square metres. Taking over Quick’s old store, it is su- In addition to its unique location, the Galeries Lafayette store will perbly located at the intersection of 62 Avenue des Champs-Ély- not face any opposition to opening on Sundays, even though the sées and Rue la Boétie, and is the ultimate symbol of Tiffany as discussions continue for Boulevard Haussmann. a truly global luxury brand. This preeminent location firmly places Tiffany & Co. on an international stage, in the heart of the French This opening will not happen until 2019. It is a very long time to capital, which is frequented by millions of tourists. wait but it is unavoidable, given the amount of work to be done before opening. The Group must first obtain the right to open a Chinese firm bought the Marriott Champs-Élysées store, a process that takes six months on average. Then a year Hong Kong-listed investment firm Kai Yuan Holdings Ltd, which has will be needed to get the building permits necessary for the interests from steelmaking to real estate, has agreed to buy the transformation of the premises. Thereafter, the work done by the Paris Marriott Hotel Champs-Élysées for 344.5 million Euros (469 building’s owner, Qatar Investment Authority, may last 18 months million US Dollars). The company aims to target mainland Chinese to two years. Furthermore, once QIA have completed their work travellers to boost occupancy rates at the five-star hotel. on the shell, Galeries Lafayette will need six months to a year to prepare the store. locationgroup research | Retail Market Study 2015 The hotel is located at 70 Avenue des Champs-Élysées, close ... 13 Preview 5 Zurich . ZURICH is one of the most beautiful cities, not only in Switzerland, Top Prime Rents Zurich 2015 but in the world. The municipality has over 398,000 inhabitants, and Location the Zurich metropolitan area has 1.83 million inhabitants. The city is known for its high standards and quality of life, as well as the Top prime Top prime rents/sqm/year rents/sqm/month (Euros)(Euros) Bahnofstrasse 14,0651‘172 Rennweg 4,252354 Storchengasse 3,430286 Limmatquai 3,206267 Tyler Brûlé, an authority in marketing and design, discovered long Löwenstrasse 3,159263 ago the potential of this city and says, “Zurich Switzerland is eve- Niederdorfstrasse 3,065 255 rything except provincial”. Well-known international fashion, jewel- Strehlgasse 2,963 247 highest purchasing power worldwide. The highest registered rent on Bahnhofstrasse is now 15,000 Swiss Francs per square metre annually, including the key money depreciated over 10 years. lery and watch designers are at work here. Numerous young and innovative artists surprise the city with unusual and attractive ideas. Bellevue/Stadelhofen2,215 185 BAHNHOFSTRASSE Tissot joined the luxury hub Tissot launched its first Swiss boutique entirely dedicated to the brand’s products, situated on one of the most prestigious streets in Europe, the Bahnhofstrasse. The 56-square-metre boutique at Bahnhofstrasse 94 benefits from an exceptional location. Taking Skyline, Zurich 14 locationgroup research | Retail Market Study 2015 Preview over the former space of its sister brand Swatch, it is situated The new PKZ Women flagship store in Zurich is Switzerland’s lar- next to the flagship stores of the most prestigious fashion clothing gest fashion house for women. It offers 2,300 square metres of brands, leather goods stores and jewellery boutiques. retail space, spread over four different floors, where women can find a range of well-established fashion brands (including names such as Diesel, G-Star, Hugo Boss and Michael Kors) and a shoe Location Average prime Average prime rents/sqm/year rents/sqm/month (Euros)(Euros) department. Bahnhofstrasse10,576 881 Lucerne and Zug will also be re-branded. By concentrating on the Rennweg2,781 232 PKZ brand and the group’s private label, Paul Kehl, as well as dis- Storchengasse2,195 183 solving other brands such as Feldpausch and Burger, PKZ Group A further 10 former Feldpausch stores in Bern, Basel, St. Gallen, wants to unite “more competences under one roof”. Feldpausch announced new name and new store Modissa strengthened Swiss PKZ Group has begun a new chapter: after 133 years Fashion retailer Modissa chose the chic and luxurious Bahnhof- of serving men only, the retailer has opened up to the world of strasse 79 to locate its third store on the street. The new Salon women’s fashion by re-branding all of its Feldpausch stores into Modissa, formerly occupied by Ex Libris and the pop-up store BIG PKZ Women. As a first step, the former Feldpausch flagship store Bazar, opened on 12th August 2014. at Zurich’s Bahnhofstrasse 88 was re-opened under the name PKZ Women in March 2014. Modissa will also renovate its flagship store at ... PKZ Women, Bahnhofstrasse, Zurich locationgroup research | Retail Market Study 2015 15 Preview 6 Sydney . SYDNEY is a financial capital of the Asia-Pacific region, and an Centre in Sydney, where the David Jones department store will be international tourist centre with a population of nearly 4.8 million. scaled down in size to allow more space for food and leisure. The Located near the southern end of Australia’s east coast, it is the lar- same also applies at Dandenong Plaza , which has seen the Myer gest city on the Australian continent and consistently ranks among store close, and food, cinemas and specialty stores moving in to fill the top cities in the world in terms of quality of life. the space. The arrival of international fashion brands has also encroached on space that would have housed smaller specialty stores. Location Average prime Average prime rents/sqm/year rents/sqm/month (Euros)(Euros) Pitt Street Mall 7,814 651 George Street 4,352 363 Major regional shopping centre 1,524 127 Oxford Street 61 727 The changes come as the shopping centre transitions from being a place to shop to a community hub that replicates a small city. Food and leisure, in the form of cinemas and eateries, ranging from fast food to signature restaurants, can bring in excess of 25% additional profits for a landlord. PITT STREET MALL Sephora opened first standalone store International cosmetics giant Sephora expects to secure a share of Malls in Australia focus on food and leisure Australia’s cosmetics and toiletries sector, which generates annual Food halls and restaurants have been taking over as the more pro- revenue of 5.5 billion AU Dollars, and is estimated to grow at an minent tenants in Australia’s shopping centres, in terms of size of annual rate of 3% over the next five years. leased area and the amount of high-margin revenue generated. In new developments and revamps of malls throughout the country, The retailer arrived in Australia with the opening of a freestanding the footprints of food and leisure offerings are becoming much lar- store in Sydney’s CBD in December 2014. The fastest-growing ger than that of traditional apparel and footwear. brand within the LVMH group snapped up a three-level 800-squaremetre store in Pitt Street Mall, which was formerly occupied by The entry of international fashion brands into Australia is also clothing retailer Esprit. pushing out tenants, and food and leisure will dominate the malls once again. The opening was just the first step of the retailer’s ambitious plans to shake up the local beauty and cosmetics market; there is room This is evident in new developments, such as at the Macquarie for around 20 Sephora stores to launch in Australia in coming years. Skyline, Sydney 16 locationgroup research | Retail Market Study 2015 Preview Pitt Street, Sydney New ‘experience store’ from New Balance end of 2015. It is currently the site for the Uniqlo pop-up store, which New Balance has christened its first-ever Sydney-based ‘experi- will be moving to 420 George Street in 2015. ence store’, as it is now open for business in Pitt Street Mall. The store looks like it embodies all facets of the brand, from their high- ICPF has drawn up plans for a redevelopment to welcome H&M tech new running range to the classics, like the 574, which have to the CBD, reportedly requiring 30 million AU Dollars’ worth of in- recently proven popular on the streets. The store design borrows vestment. As part of the project, the historic façade of the building textures from the kind of New England warehouses that are still that will ultimately become the H&M shopfront will be retained, but used in the Boston-born brand’s supply chain. virtually the entire interior of what is currently an L-shaped pedestrian mall between King Street and Pitt Street will be demolished Apparel retailer Uniqlo strengthened presence and transformed. On 13th November 2014, Uniqlo officially announced that the fourth Australian store had opened its doors in Mid City Shopping Cen- H&M will occupy three retail levels within Glasshouse, following the tre, located in the iconic Pitt Street Mall—arguably Sydney‘s most existing L-shaped configuration, representing a GLA totalling appro- popular shopping and fashion precinct. The Sydney store is a large- ximately 5,000 square metres. scale outlet with 1,485 square metres of space over two floors, selling men’s, women’s, children’s and babies’ clothes. Singaporean jeweller bought prime Sydney site Singapore jeweller The Hour Glass is tipped to open a multi-storey Following a strong response to its first Australian store, which ope- luxury watch store on a core Sydney retail site. The company, which ned in Melbourne in April 2014, Uniqlo’s Sydney store strengthens is listed on the Singapore Stock Exchange, has bought a six-storey the brand‘s growing presence within Australia—its 16th globally— corner property at 192 Pitt Street, opposite Pitt Street Mall and the offering a unique shopping experience with world-class customer luxurious Westfield Sydney shopping centre. service. The property has a 186-square-metre footprint, with a net lettable H&M to launch in the Glasshouse centre area of 1,027 square metres. It currently has 368 square metres of After spending four years scouting for the best location, the world’s retail space, leased to fashion brand Jigsaw, and 659 square met- second-biggest fashion brand, H&M, has ended months of specu- res of office space. The building provides an opportunity for luxury lation and signed a lease for its flagship Sydney CBD store in the retail to occupy the whole building, potentially creating a vertical Glasshouse centre in Pitt Street Mall, which will open towards the retail shop in the future.... locationgroup research | Retail Market Study 2015 17 Preview 7 Milan . MILAN is the fashion capital of the world and the economic capital of Italy, as well as the 12th most expensive city in the world. The city accommodates the headquarters and businesses of some of the leading international designers, including Armani, Dolce & Gab- Location Average prime rents/sqm/year Average prime rents/sqm/month (Euros)(Euros) Via Montenapoleone 7,165 597 Via Sant’Andrea 5,200 433 Corso Vittorio Emanuele 5,140 428 Via della Spiga 4,867 406 Via Dante 3,500 292 Italy, with an estimated population of about 5.2 million. Milan has Via Torino 2,500 208 the highest per capita income in the country. Corso Buenos Aires 1,500 125 bana, Prada, and Versace. This stylish city is the capital of Lombardy and the second largest city in Italy. The city proper has a population of over 1.3 million, while its urban area is the fifth largest in the EU and the largest in GALLERIA VITTORIO EMANUELE II Armani opened accessories-only unit Emanuele II, the latest example of luxury fashion houses helping On 21st February 2014, Giorgio Armani officially inaugurated his to refurbish historic sites throughout Italy. Versace took over the accessories-only boutique in Milan’s famous Galleria Vittorio Ema- old home of silverware store Bernasconi, which yielded eight years nuele II, marking the designer’s focus on the category. The unit ahead of its contract, to build up a four-storey flagship store measu- covers 220 square metres over two floors and counts two windows ring 2,500 square metres. that face onto the shopping arcade. The boutique’s opening is part of a renovation project for the entire Versace helped a restoration Galleria that Versace is helping to underwrite. The fashion house On 19th September 2014, Versace opened a new boutique in will spend 1.5 million Euros to refurbish the Galleria, a four-storey Milan’s more-than-a-century-old landmark, the Galleria Vittorio double arcade that was constructed in the mid-19th century ... Skyline, Milan 18 locationgroup research | Retail Market Study 2015 Preview Versace, Galleria Vittorio Emanuele II, Milan locationgroup research | Retail Market Study 2015 19 Preview 8 Tokyo . TOKYO is the largest metropolitan area in the world. Metropolitan Luxury hit by Japan’s sales tax increase Tokyo generally refers to the four prefectures Tokyo, Saitaima, Ka- The rise in Japan’s sales tax to 8%, put into effect in early April nagawa and Chiba, while the city of Tokyo usually refers to the 23 2014, has driven a boom and bust in sales of high-priced items wards in Tokyo Prefecture itself. The prefecture is part of the world’s like jewellery, but has had little impact on the sales of daily ne- most populous metropolitan area, with approximately 35.6 million cessities. people, and the world’s largest urban agglomeration economy. Department stores like Takashimaya saw a spike in demand before the sales tax hike, with consumers snapping up watches, Location Average prime Average prime rents/sqm/year rents/sqm/month (Euros)(Euros) Ginza-Chuo Avenue 6,319 527 Shinjuku6,025 502 Omotesando5,237 436 Shibuya3,894 325 jewellery and other big-ticket items. Takashimaya’s domestic department store sales in March 2014 jumped by 33% from the previous year. Isetan Mitsukoshi Holdings Ltd. and J. Front Retailing Co Ltd.’s Daimaru Matsuzakaya saw spikes of 24% and 35% respectively. Takashimaya is seeking to cushion the impact of the expected snapback in sales with a promotion offering 1,000-Yen (8 US- Skyline, Tokyo 20 locationgroup research | Retail Market Study 2015 Preview Dollar) coupons on items priced 10,000 Yen (82 US Dollars) or more. in the complex is LVMH Moët Hennessy-Louis Vuitton, the parent It said it would look to offset the reduced sales with lower costs, in- company of L Real Estate. The 13-floor project will also include a cluding reduced spending on rent after buying a bigger stake in the Japanese Noh theatre, a rooftop garden and a tourist bus terminal. building that houses its store in the Tokyo hub of Shinjuku-ku. The mixed-use complex is scheduled to open in November 2016. GINZA New Kate Spade flagship store in cherry blossom New retail complex planned for Ginza country Japanese companies have joined hands to develop a mixed-use Kate Spade New York opened its new flagship store in Japan in retail complex in Tokyo’s upscale Ginza district. J. Front Retailing spring 2014. The new store is located at 5-5-19 Ginza, Chuo-ku, To- Co., Mori Building Co., L Real Estate, and Sumitomo Corp. will de- kyo. The store spans 422 square metres and is three storeys high, velop a multi-purpose complex with retail space of about 46,000 with a façade decorated in bows, which are symbolic of the brand. square metres. IWC Schaffhausen opened first boutique The 83 billion-Yen (802.9 million-US-Dollar) complex will house up IWC Schaffhausen opened its long-awaited first boutique in Japan. to 300 global luxury fashion and lifestyle brands and restaurants. The Swiss luxury watch manufacturer decided to locate its first Ja- One of the companies planning to open fashion and jewellery stores panese boutique in Ginza in Tokyo, one of the world’s most ... Kate Spade, Ginza, Tokyo locationgroup research | Retail Market Study 2015 21 Preview 9 Shanghai . SHANGHAI is an increasingly global financial and economic centre, THE BUND with a total population of 24.15 million as of 2014 and the highest Fast fashion replaces luxury brands on The Bund disposable income in China. Shanghai’s historic shopping and financial district The Bund is undergoing a transformation as fast-fashion brands and restau- Shanghai is also the biggest retail market in the country, having rants replace luxury brands in the area. Due to lower visitor traffic, long been an international shopping destination. Serving as the lar- slowing sales and new shopping options elsewhere in the city, luxu- gest base of Chinese industrial technology, one of the most impor- ry brands are leaving The Bund. tant seaports and China’s largest commercial and financial centre, From 2000, The Bund was popular with Western luxury brands loo- Shanghai draws the attention of the whole world. king to open their first stores in China. In 2003, Armani became the first foreign luxury brand to open on The Bund, and brands such Location Average prime Average prime rents/sqm/year rents/sqm/month (Euros)(Euros) West Nanjing Road 3,750 312 East Nanjing Road 3,172 264 Xujiahui3,044 254 Lujiazu2,944 245 Middle Huaihai Road 2,877 240 as Cartier and Ermenegildo Zegna followed soon after. The area quickly became a luxury shopping destination for tourists, but the stores found that they were attracting more visitors than buyers. One reason for the slow sales and traffic is the lack of a luxury design strategy for the area due to the large number of landlords. The central section of Huaihai Road, the main drag of The Bund, is operated by Yongye Group, Shanghai Huaihai Commercial and Shanghai Yiming Commercial Group. The southern section is operated mainly by individual landlords. Skyline, Shanghai 22 locationgroup research | Retail Market Study 2015 Preview Moreover, many properties are managed by state-owned busines- shopping arcade of the prestigious Peninsula Hotel, located direct- ses which rented retail space to brands that were not appropriate ly opposite Shanghai‘s world-famous Bund, as the location of its for the area. In fact, some luxury brands have hesitated to open new Shanghai boutique. Designed in harmony with the concept of stores on The Bund due to neighbouring stores that do not fit the the brand’s existing boutiques, this contemporary jewel creates an luxury image. intimate and warm space for watch enthusiasts and high horology collectors. Fast-fashion brands, such as H&M, Zara, and Uniqlo, and Westernstyle restaurants and cafés are leading the rejuvenation of the area. HUAIHAI ROAD / IAPM MALL The fast-fashion brands attract a wider range of shoppers and can MCM joins prestigious mall afford the higher rents on account of their high inventory turnover. 31st March 2014 marked the opening of MCM’s latest Chinese store in IAPM Mall on Middle Huaihai Road, Shanghai. It was built to be Zilli debuted ultra-luxury flagship a premium experience-oriented boutique and a landmark for luxury Zilli, one of the world’s few authentic ultra-luxury menswear brands, for MCM in China. The store is the company’s fifth establishment celebrated the grand opening of its new flagship on 11th April 2014, in the country. marking its first step into the Chinese market. Located in Shanghai on the historical Bund, at number 6, the store covers a retail space Thomas Sabo’s grand opening of 600 square metres. On 26th June 2014, Thomas Sabo celebrated the opening of its fourth store in Shanghai at the brand new premium shopping mall Hysek logged in the prestigious hotel IAPM. Located in the fashion district of downtown Shanghai on The premium Swiss watchmaking brand Hysek has chosen the Huaihai Middle Road, the 50-square-metre boutique offers ... The Bund, Shanghai locationgroup research | Retail Market Study 2015 23 Preview 10 Beijing . BEIJING is the capital of the People’s Republic of China and one was over 21.2 million. The metropolis is located in northern China Location and is the second largest Chinese city by urban population after Wangfujing Road of the most populous cities in the world. The population as of 2014 Shanghai. It is the nation’s political, cultural, and educational centre and is home to the headquarters of most of China’s largest stateowned companies. Beijing is a major hub for the national highway, expressway, railway Average prime Average prime rents/sqm/year rents/sqm/month (Euros)(Euros) 3,486 291 Xidan3,225 269 Tai Koo Li Sanlitun 3,014 251 CBD 2,700225 and high-speed rail networks. The Beijing Capital International Airport is the second busiest in the world by passenger traffic. Skyline, Beijing 24 locationgroup research | Retail Market Study 2015 Preview WANGFUJING SHOPPING AREA The inauguration followed the launch of the brand’s largest flagship New H&M store unveiled store in Beijing at Sanlitun Village and a second shop-in-shop at Wangfujing Apm Mall welcomed a new H&M flagship store on 14th Shin Kong Place Mall. January 2014. The store, which replaced the former Nike store, has three floors of women’s, men’s and kid’s fashion and covers a sales Prada joined the prestigious mall area of 1,100 square metres. In May 2014, Prada opened its fourth store in Beijing, China, in the prestigious and recently renovated In88 Mall. Designed by Italian Miu Miu bowed third store architect Roberto Baciocchi, the 1,100-square-metre store extends Miu Miu launched its third store in Beijing at the newly renovated over two floors and presents women’s and men‘s ready-to-wear, In88 Mall in Wanfujing district at the end of April 2014. The new leather goods, accessories and footwear collections. The visually shop covers 420 square metres distributed over two floors and striking façade is a tribute to artist Carlos Cruz Diez, standing 10 features ready-to-wear apparel, shoes, eyewear and handbags. metres tall and stretching for 38 metres on three sides of the mall at the crossroads of two major avenues of the city. Omega celebrated the grand boutique opening Swiss luxury watch brand Omega held the official opening of its new boutique in Beijing on 12th June 2014. Located within Wangfujing Department Store in the central fashion culture district of Beijing, the Omega boutique rejoiced over its favourable location and historical setting with a cluster of other international luxury brands. The boutique implements Omega’s global concept in terms of decoration: it has a concise and elegant layout and comfortable and soft lighting, and guests are served in a perfect environment. CHINA WORLD MALL Gusella strengthened The second selling point of Gusella, the footwear brand for children, has been opened in Beijing. The store is located in China World Mall and occupies an area of about 85 square metres. The boutique was the first step taken to re-launch the brand internationally, and was the first stage of a targeted opening programme which relies entirely on the Far East after Milan. Canali continued Chinese invasion In November 2014, Italian family-owned luxury menswear house Canali inaugurated its ninth boutique in Beijing within the luxury shopping mall China World Mall. The 260-square-metre store features the elegant and refined aesthetic that was introduced at the beginning of 2014, and boasts expansive display windows, with sophisticated lighting and the signature Canali texture, that face both the street and the inside of the mall. TAIKOO LI SANLITUN Adidas applied new concept store The sportswear giant Adidas debuted a futuristic new concept store locationgroup research | Retail Market Study 2015 25 Preview in Beijing on 24th February 2014. The next-generation retail store is company’s second Beijing store was unveiled in late September a full revamp of the brand’s massive flagship in Beijing’s Taikoo Li 2014 and is located in Shin Kong Place shopping mall. Sanlitun mall complex, the largest Adidas outlet in the world opened just before the Beijing Summer Olympics in 2008. Called the Home- SHIN KONG PLACE Court store, the store features a sports-tunnel entry point through Givenchy spread wings which shoppers approach the floor as if it were a sports field, com- The French luxury fashion house Givenchy has stepped up its ex- plete with the sounds of cheering fans. pansion strategy in China with a new Beijing store that was opened in March 2014. The store is located on the second floor of the Carven’s new home upscale mall Shin Kong Place, which is dedicated to men’s and Carven has debuted its first store in Beijing, with plans for more accessories collections. to come. The new Beijing boutique is an 80-square-metre space Azzedine Alaïa travelled outside France located in the Sanlitun North shopping complex. Carven’s new Azzedine Alaïa has travelled to the Far East to open a new boutique boutique marked the brand’s fourth retail space in China. The for his eponymous label in China’s capital. Located in the ... Miu Miu Spring/Summer 2014 Campaign 26 locationgroup research | Retail Market Study 2015 Preview 105 Mumbai . MUMBAI, also known as Bombay, is the most populous city in In- PALLADIUM MALL dia—with a total metropolitan area population of approximately 20.5 Ethos Summit hit new location million—and the fourth most populous city in the world. Along with its Ethos Summit, India’s leading chain of luxury watch boutiques, has neighbouring urban areas, including the cities of Navi Mumbai and announced the opening of a new store in one of the posh locations Thane, it is also one of the most populous urban regions in the world. of Mumbai: the Palladium Mall. At the store, customers can find an array of renowned Swiss luxury watch brands including Carl F. Bucherer, Blancpain, Breitling, Cartier, Omega, Jaquet Droz, Longi- Location Linking Road Average prime Average prime rents/sqm/year rents/sqm/month (Euros)(Euros) 1,332 111 ColabaCauseway1,047 87 Kemps Corner 745 62 Fort Fountain 621 52 nes, Rado, Jaeger-LeCoultre and more. Dune’s new home After establishing three stores across Delhi, London-based brand Dune has opened its first Mumbai outlet. The footwear retailer has united with Reliance Brands to set up shop at the city’s Palladium Mall. The store—whose opening in Septem- ber 2014 coincided with the opening of Dune‘s first store in New York—has a sales area of 67 square metres, which includes a funky inverted catwalk, and offers men and womenswear... Skyline, Mumbai locationgroup research | Retail Market Study 2015 27 Preview 106 New Delhi . NEW DELHI, the capital of India, is a bustling metropolis that has Le Creuset launched first flagship store an amazing mix of modernisation and carefully preserved antiquity. Iconic French cookware brand Le Creuset launched its first flagship Sprawled over the west bank of the river Yamuna, it is one of the store, which is located on the second floor within Select Citywalk fastest-growing cities in India, with an enormous population of 25 Mall, New Delhi. This is Le Creuset‘s first company-owned flagship million people. store in the country. The opening took place on 3rd May 2014. With the opening of this Le Creuset store in Delhi, food fanatics in the capital city can now cook in style. Location Average prime Average prime rents/sqm/year rents/sqm/month (Euros)(Euros) Khan Market 2,233 186 Connaught Place 1,334 111 South Extension 1,281 107 New Delhi‘s wait was finally over as Furla opened its third store in India at Select Citywalk Mall. Located on the mall‘s ground floor, the boutique spans 52 square metres and reflects the brand‘s creative spirit and sophisticated style. With stores already established in Mumbai and Kolkata, this is Furla’s third retail store location in India, one of the countries with the highest potential of growth for I and II Greater Kailash I Furla’s latest shop the brand. 904 75 AMBIENCE MALL Shirtmaker T.M. Lewin launched first stores SELECT CITYWALK MALL In March 2014, T.M. Lewin opened its first stores in New Delhi—with Next re-opened outlets at the Ambience Malls in Vasant Kunj and Gurgaon —in British brand Next has re-opened at Select Citywalk Mall in New collaboration with Brand Marketing India, the holding company for Delhi, India. The store is located on the first floor of the mall and T.M. Lewin in India. spans 138 square metres. Post-renovation, the store has a new international-store interior design format—with new fixtures and ligh- Modelled on the newly refurbished flagship store on London‘s Jer- ting design providing a “new and pleasant” ambience for customers. myn Street, the New Delhi and Gurgaon stores house a core ... Skyline, New Delhi 28 locationgroup research | Retail Market Study 2015 Preview 120 Chongqing . CHONGQING is becoming the most economically important city in facing out onto the mall. The store celebrated its grand opening on western China and, with a population approaching nearly 32 million, 23rd January 2014. it is already the largest city in the country and still growing. Together with Beijing, Shanghai and Tianjin, Chongqing is one of four muni- First Miu Miu store cipalities in China. This means that it is not part of a province, but On 3rd February 2014, Miu Miu continued its expansion in China reports directly to the national government. by opening a new store in Chongqing, the biggest and most populous directly controlled municipality in the People‘s Republic of China with a population of almost 32 million inhabitants. Situated in Location Average prime Average prime rents/sqm/year rents/sqm/month (Euros)(Euros) Jiefangbei Pedestrian Street 1,516 126 the prestigious World Financial Centre, the 500-square-metre store extends over two levels and showcases the full range of Miu Miu collections. MORE STORE OPENINGS Apple headed to the southwest WORLD FINANCIAL CENTRE Apple opened a new retail store at Paradise Walk Mall in the city Prada added new Chinese store of Chongqing in southwest China on 26th July 2014. The store is Prada has strengthened its presence in the Chinese market with a Apple’s 11th in the country, joining four stores each in Shanghai and grand opening in Chongqing. The new 1,000-square-metre store is Beijing, one in Chengdu and another in Shenzhen. situated at World Financial Centre. The storefront is 16 metres high and 45 metres long, stretching around three sides of the store and Apple has made efforts to grow its presence in China over the ... Skyline, Chongqing locationgroup research | Retail Market Study 2015 29 Preview 121 Wuhan . WUHAN, with a history that goes back more than 3,500 years, is New Forever 21 store one of the “famous Chinese cities of history and culture”. Situated A new Forever 21 flagship store was formally opened in Guanggu at the crossroads of central China, Wuhan is a transportation hub World City, Wuhan, on 14th May 2014. As the chain’s first estab- for air, railway and ferry traffic. The city has a population of over 10 lishment in Wuhan, the store covers over 18,523 square metres, million people. offering the full Forever 21 collections of womenswear, menswear and childrenswear for the first time. The opening is part of Forever 21’s expansion plan, which is intended to strengthen its presence in Location Average prime Average prime rents/sqm/year rents/sqm/month (Euros)(Euros) Luxiang 1,881 157 Wuguang1,881 157 Zhongshan Avenue 1,881 157 940 78 Wangjiawan the second-tier cities of mainland China. MORE STORE OPENINGS Rado strengthened presence On 11th January 2014, Rado celebrated the opening of its new Chinese store in Wuhan. The new boutique is located at the upscale Wuhan World Trade Plaza and implements the brand’s signature sleek black lines, which beautifully reflect the watches on display. Asia’s first Nike brand experience store Wuhan has a strong sports culture, and this is why Nike’s first Asi- GUANGGU WORLD CITY an brand experience store has opened in the city. The experience Toys “R” Us launched second store store is located in the new central business district and cultural The global toy retailer Toys “R” Us has officially announced that its centre of Han Street, and injects fresh movement inspired by the second store in Wuhan opened on 10th May 2014, further enlar- trends of the young people who gather in Wuhan’s neighbourhoods. ging its presence in the city. The new store is located in Guanggu World City Square, a new shopping plaza opened in 2013. With this Opening of Chow Tai Fook’s 2,000th retail point store opening, the popularity of the plaza has become even greater. Chow Tai Fook opened its 2,000th point of sale in Guanggu, Wuhan Wuhan customers are now able to enjoy a one-stop toy shopping City, in January 2014, achieving its target of 2,000 points of sale experience with abandon. nearly three months ahead of schedule. It is also the first ... Skyline, Wuhan 30 locationgroup research | Retail Market Study 2015 Preview 122 Chengdu . CHENGDU is a vibrant city rich in historical charm, cultural gems and natural beauty. As the provincial capital of Sichuan, Chengdu is enlivened by its rich ethnic diversity and the cultural fusion that lies at its heart. With a total area of 12,121 square kilometres and almost 15 million inhabitants, Chengdu is one of the largest cities in southwest China. Chengdu is the darling of luxury retailers Chengdu, a city of nearly 15 million inhabitants and the capital of Sichuan Province, has been on retailers’ radar. “We don’t consider Chengdu a second-tier city anymore. It is a first-tier city,” said Andrew Keith, the president of Hong Kong-based Lane Crawford and Joyce boutique, which has opened a giant flagship store in the city. The brand is one of many that are currently taking advantage of the city’s ripe retail market. Chengdu provides shopping outlets for at least 250 million ... Location Average prime Average prime rents/sqm/year rents/sqm/month (Euros)(Euros) CBD 6,271 523 Chunxi Road 2,788 232 Yanshikou 1,173 98 Xinnan941 78 Shuangnan-Zijing 862 72 Chengren Road 784 65 Jianshe Road 784 65 Tianfu New City 512 43 Guanghua-Jinsha 471 39 Skyline, Chengdu locationgroup research | Retail Market Study 2015 31 Preview 123 Xi’an . XI’AN is one of the oldest cities in China, with more than 3,100 ye- MORE STORE OPENINGS ars of history. Called Chang’an in ancient times, Xi’an is one of the Sa Sa expanded birthplaces of the ancient civilisation of the Yellow River Basin area Cosmetics retailer Sa Sa has expanded into China’s Shaanxi Pro- of the country. It is now one of the most populous built-up areas in vince, opening its first store in Xi’an City. The new store is loca- inland China, with over 8.5 million inhabitants in 2014, when inclu- ted at GoldenSha International Plaza in Yanta District. It covers a ding urban parts of Xianyang. floor area of 130 square metres and was designed in line with the group’s image across the Asia-Pacific region. Location Average prime Average prime rents/sqm/year rents/sqm/month (Euros)(Euros) Bell Tower Avenue 2,511 209 Xiao Zhai 1,648 137 Dayan Pagoda 1,036 86 Hi-tech Zone 705 59 Development Zone 643 54 IKEA heading to the north IKEA is expanding in the northwest region of China. The Swedish retail giant is building a new store in Shaanxi Province’s capital city of Xi’an. The retailer was said to have invested 108 million US Dollars in the 80,000-square-metre store, which is slated to open in August 2015. JeanRichard arrived Swiss watchmaker JeanRichard celebrated New Year 2014 with a new presence at the Harmony World Watch Centre in Xi’an, ... Skyline, Xi’an 32 locationgroup research | Retail Market Study 2015 Preview 146 Lagos . LAGOS is a port, the most populous city in Nigeria, the second- heart of Lagos‘s Victoria Island, at its headquarters Polo Towers on fastest growing city in Africa, and the seventh-fastest growing city 166 Ozumba Mbadiwe. The Polo Avenue store in Lagos features in the world. The official population of Lagos State, according to the latest Gucci, Dolce & Gabbana, Balenciaga, and Montblanc Nigerian census figures from 2006, was approximately 18 million. accessories collections for men‘s and women‘s shoes, handbags, The newest reports estimate the population has reached 21 million, luggage, and small leather accessories. making Lagos the largest city in Africa. Polo Ltd has over a decade of luxury watches and jewellery retail Location Ikeja City Mall Average prime rents/sqm/year Average prime rents/sqm/month (Euros)(Euros) 861 72 experience in Nigeria, as the exclusive distributor of [PRL1]brands like Rolex, Cartier, Chopard, Piaget and Montblanc, currently at three specialised stores: two in Lagos and one in Abuja. Nigerian menswear brand set up first flagship store On 9th February 2014, Kola Kuddus Couture opened its first flagship store at Adesanya Ogunsanya Shopping Mall, Lagos. Kola RETAIL STORE OPENINGS Kuddus Couture celebrated its achievements as one of the most Nigerian luxury retailer opened in hometown innovative designers in Africa with a number of successful collec- Nigeria?s leading luxury retailer, Polo Ltd, has opened Polo Ave- tions on numerous runway shows. It is no wonder that the brand nue, a new multi-brand luxury fashion and accessories store, in the commemorated this opening in honour of its loyal customers... Skyline, Lagos locationgroup research | Retail Market Study 2015 33 Preview 170 Lima . LIMA is the capital and largest city of Peru. It is located in the val- a year to investigate the possibility of opening up shop in Peru. leys of the Chillón, Rímac, and Lurín rivers, in the central coastal They are not the only ones; Gucci, which is currently present in the part of the country, overlooking the Pacific Ocean. Together with the country only in the form of a watch boutique, is looking to enter with seaport of Callao, it forms a contiguous urban area known as the the help of a Panamanian group, and Prada also wants to get in on Lima Metropolitan Area. With a population of more than 8 million, the action. Some other possibilities are Dolce & Gabbana, Burberry, Lima is the most populous metropolitan area of Peru and is the fifth Omega, and Montblanc. largest city in the Americas. One of Lima’s main obstacles to becoming a real capital of luxury goods has to do with city planning—Lima is not home to a luxury Location Average prime Average prime rents/sqm/year rents/sqm/month (Euros)(Euros) Shopping Centre 950 79 Jr. de la Unión 669 56 San Isidro 556 46 commercial area. There are several areas in different parts of the city like Miguel Dasso, Avenida Santa Cruz, Jockey Plaza, but there is no ‘cluster’ that brings them all together in one place. Industry figures lament the lack of parking and incoherence of offerings, especially on Miguel Dasso and Santa Cruz. REAL PLAZA SALAVERRY Brooks Brothers opened a new store The American firm Brooks Brothers opened its fourth store in Peru, Luxury brands eye Peruvian market in Lima, where it provides clothing options for ladies and gentlemen. Exclusive, sometimes one-of-a-kind, high-quality, expensive—the- A pioneering retail store from the United States, Brooks Brothers is se are some of the basic ingredients for luxury, an industry that has located in the Real Plaza Salaverry, Jesus Maria. The new store, always existed in Peru but which is waking up with the arrival of designed over a space of 180 square metres, adheres to all inter- some new players who are making it easier for Peruvian consumers national standards. to access their products. Zara Home opened second store Spending 50,000 US Dollars on custom suits at Ermenegildo Zeg- Inditex opened its second store under its household textile goods na, or 3,500 US Dollars on diamond jewellery or a pair of pearl brand, Zara Home, in the Peruvian capital Lima on 23rd May 2014. earrings from Mikimoto at Aldo & Co. is not surprising. What is sur- The 350-square-metre store is located in new trade centre Real prising, however, is that more and more people are becoming able Plaza Salaverry. Apart from the Zara Home brand, the store also to purchase such luxuries. The evolution of the Peruvian economy offers Zara Home Kids and textiles for bed, bath and table, plus has, inevitably, generated interest in international brands. decorative items and cosmetics. It has been reported that luxury brands like Louis Vuitton have been Banana Republic followed the line-up poking around in the Peruvian market, sending executives twice The iconic American brand Banana Republic opened its second ... Skyline, Lima 34 locationgroup research | Retail Market Study 2015 Preview Index Brands . brand Page no. brand Page no. & Other Stories 86, 94, 111, 116, 256, 312, 329, ALDO 212, 590, 822, 1345, 1462, 1192, 340, 341, 347, 348, 398, 449, 1275 1194, 1195, 1231 10 Corso Como 67, 476, 948, 1186 Alexander McQueen 55, 83, 158, 160, 161, 180, 295, 18 Country Road 1156 623, 626, 751, 752, 873, 1054, 3.1 Phillip Lim 55, 102, 904, 1076, 1089, 1277, 1075, 1076, 1123, 1129, 1418, 1288, 1291 1520 A Different Vibe Salon 1440 Alexander Wang 102, 227, 469, 470, 991, 994, 1006, A. Lange & Söhne 14, 78, 217, 789, 792, 1252 1291, 1383, 1415 A.F. Vandevorst 341, 342 Alexandra Harper 242 A.P.C 240, 246, 317, 871, 1136, 1436, Alexandre Birman 90, 91 1446, 1452 Alexandre de Paris 12, 92, 1248, 1504, 1505 A.S. 98 1456 Alexis Bittar 1318, 1319 Abercrombie & Fitch 86, 130, 217, 218, 260, 966, 968 Alfemo 1174, 1178 Abercrombie & Kent 156, 744 Alice + Olivia 11, 164, 755, 895, 996, 1248, 1322, Accessorize 25, 100, 108, 174, 448, 589 1324, 1333, 1334, 1437 Acne Studios 981, 983, 1136, 1301, 1444 Aline Ochoa 314 Acqua Alpes 173 Allen Edmonds 1335, 1339 Acqua di Parma 377, 392, 393 Alliance Boots 58, 1461, 1462 Adidas 42, 64, 74, 75, 75, 85, 97, 110, 112, Allison Neumann 138, 1458 212, 225, 249, 250, 251, 302, 424, AllSaints 134, 1286, 1402, 1429, 1445, 1454 596, 597, 601, 703, 715, 948, 949, Alton Lane 1318 960, 1058, 1119, 1165, 1276, 1284, Amanda Wakeley 227, 228, 237 1318, 1358, 1506, 1530 Amer Sports 489, 490 Aesop 62, 97, 100, 107, 113, 127, 128, American Apparel 212, 221, 227, 249, 928, 1085, 240, 310, 312, 477, 478, 481, 483, 1286, 1329, 1447 889, 890, 893, 911, 964, 998, 1066, American Eagle Outfitters 248, 991, 1104, 1110, 1333, 1093, 1094, 1095, 1097, 1099, 1336 1128, 1301, 1357, 1440, 1442, American Vintage 1444, 1452, Ami Alexandre Mattiussi 310 AETHER 1447 Amorino 1296 Aftershock 278 Amour Vert 1421, 1422 Agent Provocateur 64, 1232, 1437 Andrea Morelli 435 agnès b. 911, 999, 1001 Andreas Murkudis 137 Aimé 1562 Angelo Galasso 381, 382 Akris 626, 1360 Animale 1506, 1507 Ann Demeulemeester 62, 336, 964, 967 Al Manara International 432 Jewellery 745 Ann Taylor 1288, 1374 Alara 1186, 1187 Anne Fontaine 131, 338, 1254, 1310 Albert Premier Hut 639 Annick Goutal 24, 194, 1278, 1279 Alberta Ferretti 296, 878, 928, 1233 Antonio Grimaldi 406 Alberto Guardiani 656 Aperlai 322, 323 Alcott 179, 356, 357 APM Monaco 16, 976 Aldi 132, 138, 154, 186, 188, 464, 570 ... locationgroup research | Retail Market Study 2015 35 Preview Index Hotels . Hotels Page no. Hotels Accor Hotels 853 Kempinski Hotel & Residences 9, 156, 792, 819, 820, 956 Page no. L’Apogée Courchevel 643, 644 Action Hotels 719, 720 La Vue 671 Affinia 50 Hotel 1286 Mandarin Oriental Hotel 92, 971, 972 Aloft Hotel 1466 Market House Hotel 147, 735 Andaz Hotel 91 Maxim Hotel 346 Atlas Hotel 735 Meliá Hotel 168 Bauer Hotel 420, 421 Mendeli Street Hotel 147, 148, 734, 735 Best Western 1092 Motel One 26, 138, 266, 267 Bulgari Hotel 956, 771 Okko Hotel 633 Carlson Rezidor 1160, 1171, 1842 Park Hyatt Hotel 161, 167 Cheval Blanc Hotel 328, 643, 644 Park Inn Hotel 172 Courtyard by Marriott 1171, 1189 Parnas Hotel 1063 Peninsula Hotel 59, 321, 327, 956, 960, 968, (Mercure Riga Centre Hotel) Element Boston Waterfront 1314 Fairmont Hotels & Resorts 124, 892, 1030, 1222 973 Ferrari Hotels 437 Pestana Hotels & Resorts 355 Four Points Hotels 1151, 1153, 1466, 1217, Pointe Isabelle Hotel 640 by Sheraton 1218 Premier Inn Hotel 719, 720 Four Seasons Hotels 126, 312, 378, 379, 750, Protea Hotel Select Ikeja 1189 and Resorts 767, 771, 1008, 1009, 1013, Pullman Hotel 853, 869 119, 1223, 1297, 1298 Punta Tragara Hotel 658 Grace Hotel 660 Radisson Blu Hotel 580, 1160, 1171 Han Yue Lou Hotel 1045 Raffles 153, 731, 911, 912, 913 Hilton Worldwide 72, 73, 178, 583, 771, 793, 813, Red Sea Astrarium 815 922, 1021, 1050, 1052, 1094, Hotel & Resort 1098, 1453, 1462, 1467, Renaissance Hotel 17, 60, 97, 398, 413, 418, 1472, 1473, 1475, 1518 813, 962, 976, 1132, 1490 Residence Inn Hotel 1275 Holiday Inn Hotels & Resorts731, 819, 922, 1110 Hotel Ambiance 670 Royal Palm 1166, 1168 Hotel Capri 658 Royal Resorts 621, 622 Hôtel Costes 294, 1408 Ruby Hotel 156 Hotel Crans Ambassador 676 Shangri-La Hotel 19, 254, 255, 771, 926, 928, 929, 977, 1332 Hôtel de Paris Monte-Carlo 626 Hotel de Rougemont 666 Sheraton Hotels & Resorts 731, 1151, 1153, 1217, Hotel Indigo 327, 328 1218, 1466 Hotel Mont-Blanc 640 Sofitel Hotel 771, 853, 856, 857, 1034 Hyatt Hotel 91, 97, 161, 167, 168, 1462, St. Regis Hotel 1030, 1031, 1304 1466, 1490 Standard Hotel 1304 Ibis hotel 793 Starwood Hotels & Resorts 138, 178, 179, 354,731,812, JW Marriott 29, 153, 179, 178, 288, 421, 1037, 1052, 1063,1151,1180 Hotels & Resorts 731, 771, 813, 837, 889, 891, , 1217, 1218, 1304, 1314, 1458, 1041, 1063, 1064, 1102, 1171, 1466, 1518, 1519 1172, 1189, 1275, 1518 Strand Hotel 1192 Karl Lagerfeld Hotel 1013 ... 36 locationgroup research | Retail Market Study 2015 Preview Index Shopping Malls . Shopping Malls Page no. Shopping Malls Page no. 360 Mall 796, 797 Azalea Shopping Centre 1452 818 Plaza 961 Bab Ezzouar 1170, 1171 ABC Achrafieh Mall 737, 740 BahnhofCity 176 Adesanya Ogunsanya 1186 Bal Harbour Shops 1354, 1357, 1358, 1360, 1361, 1362, 1363, 1365, Shopping Mall AEON Mall 866, 867, 868, 1103, 1104 1367 Akarenga Terrace 1110, 1111 Baldwin Hills Crenshaw 1449 Akasya Park Ümraniye 599 Balexert Centre 31 Bangsar Shopping Centre 889, 890 Akasya Shopping Centre 727, 728 Al Diriyah Festival City 792 Bangsar Village II 889 Al Fanar Mall 799, 800 Barra Shopping 1511, 1513, 1516 Al Garawi Galleria 782 Baybrook Mall 1378 Al Ghurair Centre 764, 765, 766, 767 Bayview Village 1245 Al Hamra Mall 797, 798 Beaugrenelle shopping centre 602, 603 Al Khalidiyah Mall 750 Beirut City Centre 737, 738 Al Maryah Central 750 Beverly Centre 1433, 1435, 1436, Al Masa Mall 819 1449 Al Sadd Mall 810 Beverly Connection Al Salaam Mall 791, 792 Shopping Centre Al Wahda Mall 748, 750 Bikini Berlin 77, 78, 137, 1531 Al Wasl shopping mall 770 Bluewater shopping centre 209, 249, 250, 251, Ala Moana Centre 707, 708, 709, 710, 711, 712, 714 588, 614, 615 Albrook Mall 1475, 1476 Bonifacio High Street Central 926, 928, 930, 931, 932 AlbufeiraShopping 608, 609 Bossa Nova Mall 1513 Centro Comercial 608 Breeze Centre 1066, 1067 Brent Cross Shopping Centre 184, 251 Continente de Portimão 1453, 1519 Alexa Shopping Centre 76, 77 Brentwood Place 1452 Al-Rossais 785 Brickell City Centre 1367 Brilliance Shimao 961 Commercial Centre Alto Las Condes 1490 International Plaza Ambience Mall 841 Brookfield Place 1299, 1300 Andino Mall 1479, 1480 Buchanan Galleries 275, 610 Anfaplace Mall 1161 Bulevard Rosa 426 Arena Centar 584, 585 BurJuman Mall 752, 767, 768 Argyll Arcade 276, 278 Burlington Arcade 227, 246 Arraya Centre 799, 800 Cairo Festival City 1173, 1174, 1176 Atrium Felicity 595, 596 Canal Walk Shopping Centre 1200, 1201, 1203 Auhof Centre 177 Capacity Shopping Mall 726 Aventura Mall 1362, 1363, 1364 Capitol Mall & Residence 583 Capitol Piazza 912 Carlsbad Premium Outlets 1455, 1459 Carmel Mountain Plaza 1458 1165, 1166 Avenue at Etihad Towers 744 Avenue De Luxe - 1525 Huamao Centre Avenue Mall 585, 586, 787, 788, 789 Carré Eden Shopping centre Avia Park 596, 1528 ... locationgroup research | Retail Market Study 2015 37 Preview Index VIPs . VIPs Page no. VIPs Page no. Adam Brinkworth 1203 Cara Delevingne 235, 759, 846, 1173, 1175, Adriana Lima 634, 1544, 1456 1384, 1572 Aishwarya Rai 836 Carina Lau 940 Alber Elbaz 1357 Carl Chiara 1450 Alessandra Ambrosio 380, 1257, 1456 Carl Douglas Mcmillon 14 Alessandra Lanvin 322, 323 Carl Lewis 68 Alessandro Dell‘Acqua 1083, 1084 Carlo Piglione 384 Alexander Wang 469, 1383, 1415 Carlo Rivetti 339 Alexandre Birman 1499, 1500 Carlo Scarpa 233, 362 Allan Leighton 278 Carmen Chaplin 20 Allegra Versace Beck 1553 Carolina Herrera 707, 1381 Allen Questrom 1555 Cate Blanchett 783 Amber Valletta 1539 Catherine Deneuve 115 Amy Adams 579 Chahan Minassian 322 Andre Agassi 776 Charles Le Pierres 1222 Andrea Parisio 307 Charlize Theron 662, 1249 Andreea Diaconu 636 Chip Wilson 272, 1222 Andy Harrison 285 Chloë Sevigny 963 Angelina Jolie 234, 981 Christiaan Gabriel du Toit 1205 Ann Demeulemeester 964, 967 Malcolm Kluk 1205 Annick Goutal 1279 Christiaan Georgio 1132, 1133 Armand Hadida 1433, 1434 Christian Louboutin 233, 245, 303, 334, 379, 757, Arne M. Sorenson 1172 1449 Ashley Olsen 1436, 1438 Christina Debs 1567, 1568 Ashley Olsen 1436, 1438 Christine Querlioz 758, 789, 1425 Audrey McLoghlin 1085 Christophe Pillet 295 Axel Dumas 1216 Christopher Bailey 369, 914, 1147, 1425 Bar Refaeli 50 Christopher Goldman Ward 231, 1475 Barbara Palvin 85 Cindy Crawford 211 Ben Wilson 1203 Clare Waight Keller 1249 Benoît Verdier 295 Clive Owen 1255 Bernard Arnault 194, 281 Coco Rocha 1221 Beyonce Knowles 1267 Craig Leavitt 1546 Blake Lively 446 Dane DeHaan 422 Brendan Mullane 399, 878 Daniel Palter 1446 Brent Wilson 1136, 1137 Daniel Romualdez 1288 Brian Atwood 1554 Daria Strokous 1547 Brunello Cucinelli 163 David Adjaye 194, 1186 Bruno Moinard 428, 1521 David Beckham 184, 485 Calvin McDonald 1515 David Chipperfield 143, 204, 294, 874, 978, 980, Camilla Belle 1356 1262, 1306, 1418 Candice Swanepoel 1537 ... 38 locationgroup research | Retail Market Study 2015 Bonita Brunello Cucinelli Chopard Diesel Hermès Hublot Hugo Boss Longchamp Massimo Dutti Piaget Starbucks Thomas Sabo Tod´s Victorinox Zara The Location Group Amsterdam l Geneva l Hanoi l London l Munich l New York l Paris l St. Moritz l Vienna l Zurich l T + 41 44 225 95 00 locationgroup eLocations.com locationpremium locationluxury The Location Group Hercules Building Rennweg 58 8001 Zurich Switzerland [email protected] T +41 44 225 95 00 The Location Group Asia Research & Development 206 De La Thanh Street 1000 Hanoi Vietnam [email protected] Amsterdam | Antwerp | Basel | Berlin | Bern | Boston | Budapest | Cologne | Hamburg | Courchevel | Düsseldorf Frankfurt | Geneva | Graz | Gstaad | Las Vegas | Lausanne | London | Los Angeles | Lucerne | Lugano | Milan | Munich New York | Paris | Prague | Salzburg | St. Moritz | Stuttgart | Tokyo | Toronto | Vancouver | Vienna | Warsaw | Zürich