China win for McArthur Glen Designer Retailers
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McArthurGlen Designer Retailers has been awarded the ‘Greatest Abroad Purchasing Centre of the Yr’ award by China’s main journey commerce publication Journey Weekly China.
McArthurGlen was nominated by a panel of professional journey business judges in March alongside Stylish Outlet Buying and Premium Retailers. The ultimate determination was then voted for by the readers of Journey Weekly China and its website.
McArthurGlen says the award is testomony to the work that Amie Chang and the McArthurGlen China group have been doing which has seen document tax-free gross sales figures throughout the 20 centres from Chinese language buyers in 2014. In 2015, China has now turn into the most important supply of worldwide spenders at McArthurGlen Designer Retailers.
McArthurGlen Group, the European proprietor, developer and supervisor of designer retailers, was based in Europe by Kaempfer Companions in 1993. The pioneer of designer outlet retailing within the area, McArthurGlen has since developed almost 600,000 sqm of outlet area, with a present worth of over euros 5 billion (US$5.9 billion). The corporate manages 20 McArthurGlen Designer Retailers throughout eight nations: Austria, Belgium, France, Germany, Greece, Italy, the Netherlands and the UK. The centres are house to probably the most sought-after luxurious and premium manufacturers, and supply fashion-savvy clients year-round financial savings of 30-70 per cent in vibrant and classy buying environments.
In 2013, the Kaempfer Companions bought a 50 per cent curiosity in McArthurGlen to the Simon Property Group, the world’s largest retail property proprietor.
McArthurGlen is because of open a brand new outlet mall at Vancouver Airport in spring 2015. Different new centres in planning are in Provence (Marseille), Ghent (between the Belgian cities of Brussels and Bruges), Remscheid (close to the German metropolis of Cologne and east of Düsseldorf), Málaga (southern Spain) and two new centres in Istanbul.
Questions & Answers
Q.Which specific McArthurGlen Designer Retailers centres did Chinese shoppers spend most money in during 2014?
Which specific McArthurGlen Designer Retailers centres did Chinese shoppers spend most money in during 2014?
The article mentions record tax-free sales figures across the 20 centres from Chinese buyers in 2014, but it does not specify which particular centres saw the highest spending from these shoppers.
Q.When did Kaempfer Partners sell their stake in McArthurGlen, and to which company?
When did Kaempfer Partners sell their stake in McArthurGlen, and to which company?
In 2013, Kaempfer Partners sold a 50 per cent interest in McArthurGlen. The buyer was the Simon Property Group, which is described as the world's largest retail property owner.
Q.How many new McArthurGlen Designer Retailers centres are currently in the planning stage?
How many new McArthurGlen Designer Retailers centres are currently in the planning stage?
There are six new centres currently in planning. These include locations in Provence, Ghent, Remscheid, Málaga, and two additional centres in Istanbul. One centre is also due to open in Vancouver in spring 2015.
Reader pulse
What does this award signify for McArthurGlen?
16,061 votes so far