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McArthur Glen also plans to venture into full-price malls, a new strategy for the developer, which operates 15 deer outlet malls in Europe. It eliminates individual risk and lengthy, unilateral lease negotiations. Kaempfer pointed to India and Eastern European countries as markets with potential for the partnership. Warsaw is one potential city for the venture, according to the executive.
Kaempfer said the two partners were also finalizing an agreement with an international airport mature chat in noventa di piave the first tax-free luxury mall is set to open in February the location has yet to be disclosed.
The mall will be called Collezioni and be deed by the McArthur Glen organization. This story first appeared in the June 5, issue of WWD. Subscribe Today.
Ferragamo praised McArthur Glen for the caliber of its projects, many of which are in Italy. The partners plan to open stores in five or six airports by the end of A third plan is to create a different kind of deer venue that would be a luxury-driven, full-price mall in developed countries. The mall is scheduled to open in fall The outlet will draw inspiration from local, traditional 16th-century Venetian architecture, with porticos, Palladian-style facades and multiple bowled fountains.
The opening phase, a retail area of almost 49, square feet, will include 30 stores, two restaurants, a bar and a playground, among other amenities.
McArthur Glen, with reported sales of 2. Upcoming malls are scheduled to open in Turin, in spring ; in Naples, where groundbreaking is set for falland in Sicily.
An outlet in Athens will open in early Savings on brands range from 30 percent to 70 percent. The executive said companies usually agreed to long-term contracts.
Business Financial. By Luisa Zargani on June 5, Essentialist Today's Must Read. Up. Social Studies.
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