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ICSC European Outlet Conference - Value Retail News

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FOC PERFORMANCE REPORT<br />

(Continued from page 4)<br />

kets, he says, and the centers in<br />

Germany and Ireland have now<br />

hit their stride and are moving up<br />

quickly in performance.<br />

In fact, Kildare Village in Ireland<br />

recorded its highest number<br />

of visitors with more than<br />

50,000 shoppers during Easter<br />

week. Both sales and footfall<br />

were up 21 percent for the twoweek<br />

Easter period. Even with<br />

the atmospheric challenges, Kildare<br />

Village posted comp-store<br />

sales increases of 14 percent<br />

for both February and March.<br />

New tenants including DKNY,<br />

Lacoste, 7 for all Mankind,<br />

Superdry and Juicy Couture are<br />

said to be key to Kildare Village’s<br />

positive numbers. And perhaps<br />

a personal appearance at the center by<br />

Elizabeth Hurley, who was there to<br />

promote her pop-up Elizabeth Hurley<br />

Beachwear Boutiques, was a nice sales<br />

boost, too.<br />

In addition to the lure of brands and<br />

beautiful people, attention to detail<br />

drives the bottom line at <strong>Value</strong> <strong>Retail</strong>.<br />

“We have kept our heads down and have<br />

remained focused on driving the fundamentals<br />

of our business and improving<br />

the trade performances of all of our<br />

villages,” Blanchette says.<br />

■ ■ ■<br />

Land Securities’ Galleria in Hatfield,<br />

England saw a 16.3 percent increase in<br />

sales for the May Bank Holiday, which<br />

was the first week in May.<br />

The 320,000-sf center also posted a<br />

7.7 percent increase in footfall for the<br />

week, compared to last year, with Saturday<br />

footfall up 17.5 percent and Sunday<br />

up 44.2 percent.<br />

The rise in footfall was the result of<br />

a fashion show organized by designer<br />

brand Ghost. Many of the center’s leading<br />

brands, including GAP and French<br />

Connection, were also featured in the<br />

fashion show.<br />

■ ■ ■<br />

<strong>Outlet</strong> Centres International says<br />

Designer <strong>Outlet</strong>s Wolfsburg posted a positive<br />

2009, with sales turnover increasing<br />

by 27 percent and footfall by 5 percent<br />

compared to 2008. Though the increase<br />

in footfall isn’t double-digit, the 215,500sf<br />

center had nearly 1.4 million visitors in<br />

only its second year of operation.<br />

6 InternatIOnal <strong>Outlet</strong> JOurnal SUMMER 2010<br />

A fashion show at Land Securities’ Galleria in Hatfield, England may have been key to the<br />

12-year-old outlet mall’s recent surge in sales.<br />

Regina Leitner, operations director of<br />

OCI, which developed and manages the<br />

center, says credit for the good performance<br />

goes to the brands, including<br />

such new tenants as Tommy Hilfiger,<br />

Marc O´Polo, Bogner, Polo Ralph Lauren<br />

and Ed Hardy, which just opened its<br />

first outlet store in Germany.<br />

“We reached 1.4 million visitors just<br />

two years after the opening,” Leitner<br />

says. “Comparable outlet centers manage<br />

to reach these numbers only after<br />

the fourth or fifth year. Especially significant<br />

is the increase in visitors from a<br />

catchment area of more than 100 km.”<br />

Thanks to a new regional-marketing<br />

campaign, almost 45 percent of Wolfsburg’s<br />

visitors drove more than 50 km<br />

to get to the center, and 20 percent<br />

came from more than 100 km. Twentytwo<br />

percent of the center’s visitors are<br />

from Wolfsburg, Leitner says.<br />

Stephan Schaefer, managing director<br />

of OCI, says the center is 98 percent<br />

occupied and an expansion is in the<br />

planning and pre-leasing stages. “We<br />

want to start construction this year and<br />

open next summer,” Schaefer says.<br />

■ ■ ■<br />

Extreme weather in Holland might<br />

have affected the number of visitors to<br />

Batavia Stad Fashion <strong>Outlet</strong> in Lelystad,<br />

but the 277,446-sf center’s total sales<br />

for Q1 2010 grew by 30 percent, and<br />

comp-store sales grew by 13 percent.<br />

“Our current research is confirming<br />

the results,” says Willem Veldhuizen,<br />

director of Stable International, the<br />

developer of Batavia Stad. “The consumers<br />

are visiting us more frequently,<br />

staying longer and buying more.”<br />

In 2009 the center attracted 2.1 million<br />

visitors. The turnover increased<br />

by 27 percent compared to 2008. And<br />

like-for-like sales increased by 9 percent<br />

with expenditure per visitor growing by<br />

17 percent.<br />

■ ■ ■<br />

Dalton Park ended 2009 with total<br />

sales up 8.5 percent compared to 2008,<br />

and comp-store sales up 8 percent<br />

for the year. Spend per head was up 4<br />

percent and visitor levels also increased<br />

4 percent, going to 2.3 million visitors in<br />

2009 compared to 2.2 million in 2008.<br />

Total sales between January and April<br />

at ING Real Estate’s 160,000-sf center<br />

in Murton, England, increased 1.7 percent.<br />

Spend for the period is up 3.4 percent.<br />

For the Easter weekend, total sales<br />

were up 6.2 percent compared to 2008<br />

and comp sales were up 2.1 percent.<br />

■ ■ ■<br />

For 2009, total sales at 263,700-sf<br />

Mondovicino <strong>Outlet</strong> Village near Turin,<br />

Italy, hit €44.5 million. Footfall during<br />

2009 at Filea Spa’s two-year-old center<br />

was 1.98 million. The center’s occupancy<br />

is now more than 95 percent. c<br />

To have your centers’ sales and<br />

footfall results included in IOJ’s<br />

FOC Performance Report, send<br />

your results to Editor in Chief Linda<br />

Humphers at lhumphers@icsc.org.

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