Value Retail, which owns The Bicester Village Shopping Collection, still isn’t interested in e-commerce, but it’s struck gold with virtual sales and services.
A combination of pent-up demand and celebrating the holiday locally due to rising COVID-19 cases in China drives up the outlet sales.
Retailers, and landlords, in Britain are coming up with all sorts of ways to keep their spaces germ-free, crowd-free and easy to navigate. Their future depends upon it.
The designer outlet operator said more than 90 percent of stores are trading once again.
In a punchy move, London’s New West End Co. has asked retailers to refrain from discounts and promotions once shops reopen, while Value Retail is micro-monitoring customer flows at Wertheim Village in Germany.
Scott Malkin, the founder of Value Retail, said agile companies are planning for post-COVID-19 growth.
Tricia Barglof, executive director of the Offprice Show, offers her perspective on what makes the segment compelling.
The British Fashion Council’s annual Designer Pop-Up at Bicester will decamp to Value Retail’s Shanghai Village in 2020 as part of a surge in Chinese tourist shopping.
The BFC Designer Pop-up at Bicester Village will open on Nov. 1 as part of a wider program meant to support London talent.
Positive Luxury, the BBC, the U.K. parliament and others have been scrutinizing fashion’s impact on the environment.
The new name echoes that of luxury hotel groups, reflecting the company’s continued focus on curation and retail hospitality.
The British shopping centers giant updated the markets with solid first-quarter growth.
A key criticism is that sales associates don’t really understand what buyers want.