ICSC European Outlet Conference - Value Retail News
ICSC European Outlet Conference - Value Retail News
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.