FASHION HOUSE Group at MAPIC 2016
FASHION HOUSE Group, the leading outlet developer and operator in CEE and Russia, is participating in MAPIC 2016, held on November 16th-18th in Cannes, France.
The Group will showcase its portfolio throughout Russia, Poland and Romania (stand no. P-1.E50).
FASHION HOUSE Group will share its expertise during a session dedicated to the Russian retail market.
On the stand no. P-1.E50 FASHION HOUSE Group will showcase its flagship projects. The special attention will be paid to FASHION HOUSE Outlet Centre Moscow. This is the first fully enclosed outlet centre in Russia, which phase II was duly opened on 4th November 2016. Today FASHION HOUSE Outlet Centre Moscow has 20,000 sqm GLA and over 100 stores dedicated to the best international and local brands. The scheme notices yearly double digit growth on footfall and sales. The second Russia’s showcased scheme will be FASHION HOUSE Outlet Centre St Petersburg, with a GLA of 20,330, now being developed 20 km south of the St Petersburg city centre.
FASHION HOUSE Group’s portfolio presented at the MAPIC stand will also cover schemes in Poland (Warsaw, Sosnowiec, Gdańsk), owned by Polonia Property Fund II managed by Peakside Capital, and FASHION HOUSE Outlet Centre Bucharest, the first and only professional outlet centre in Romania, which posts spectacular business results. In 2015, FASHION HOUSE Outlet Centre Bucharest retail sales registered increased of up to 20% on a monthly basis, materialized in annual sales 10,5% higher than in 2014. The conversion rate increased with 23,8% compared to the year before.
MAPIC is, without any doubt, one of the most important industry events. FASHION HOUSE Group has been present here for many years. We are absolutely sure this is the best opportunity to meet the retail market leaders and talk to potential business partners. Participation in MAPIC gives us a golden chance to share experience and knowledge, and discuss new projects – comments Brendon O’Reilly, Managing Director of FASHION HOUSE Group.
The company will also share its expertise during supporting events. On Wednesday, 16th November (11 a.m., Room 1), the company will host a session dedicated to the Russian retail market. The speakers, including Brendon O’Reilly, Managing Director of FASHION HOUSE Group, will talk about possibilities of expanding business in the country. They will highlight facts about consumption in Russia, perspectives for companies entering the retail market and the best opportunities to invest. On the same day, the Group will invite for celebrating the opening of aforementioned FASHION HOUSE Outlet Centre Moscow phase II (5.30 p.m. stand P-1.E50).
MAPIC is the one of the largest and most prominent real estate shows in the world, fully dedicated to the retail industry. Every year it attracts key players from across the world, gathering them together in one place, at one time, in a unique business environment.