Growth in sales of 6% for Gloucester Quays as recently reinvested brands top the books
Peel Retail & Leisure has recorded a bumper period of sales performance at Gloucester Quays. Total sales from the outlet’s current tenants were up by 6% across the financial year, with those that invested in new shop fits and renewed leases in particular benefitting from growth.
Gym and fitness category in 'sprint' condition with surprise triumph in December
CACI, the data specialists focused on people and place, have revealed a significant spending increase in gyms and fitness focused brands, comparing December 2024 with the same month in 2023. The more premium end of the market benefitted from the greatest year-on-year growth, matched by the popularity of athleisure, both offline and online, as consumers show increased appetite for health and wellness beyond the traditional ‘New Year’s Resolution’ months of January and February.
Carvela step up their retail presence joining Outlet Shopping at The O2
Outlet Shopping at The O2, which is owned and operated by AEG Europe and Crosstree Real Estate, has announced the opening of Carvela, the premium women’s specialist footwear and accessories retailer. It marks the first opening since The O2’s revision of its outlet shopping brand identity and represents yet another first-rate brand joining Outlet Shopping at The O2, strengthening the already diverse and unique offering at the destination.
Vinted matches Primark's cashless transactions in clear indication of pre-loved retail growth
CACI, the consumer and location intelligence specialist, has revealed that Vinted, the online marketplace, has matched Primark for the number of cashless transactions in March and April. The data comes from CACI’s new platform, Brand Dimensions, which compares spend across 300 well-known brands representative of the UK market.
RED Construction Group announces 164% turnover rise amid period of significant organic growth
RED Construction Group, the specialist main contractor, has announced that the company has seen its revenue more than double in the last financial year, a 164% increase, facilitated by sustainable growth in regional and project diversification.
Brands feast on F&B success at Liverpool ONE
Grosvenor has announced three new additions to Liverpool ONE’s F&B line-up, as operators at the leading retail and entertainment destination celebrate continued sales success in the sector.
ICON Outlet bucks festive period trend with significant footfall and spend growth
ICON Outlet at The O2, the 210,000 sq ft premium urban outlet developed by AEG and Crosstree Real Estate Partners, has reported bumper Christmas trading with like-for-like sales growing by 39% during the holiday period from 23 December – 5 January, benefiting from a 34% increase in destination footfall to The O2 (excluding customers to The O2 arena).