PUMA ANNOUNCED AS THE LATEST LEASE SIGNING FOR FASHION HOUSE Outlet Centre Moscow

PUMA, one of the world’s leading sports lifestyle companies, are the latest in a long line of brands to sign up for the FASHION HOUSE Outlet Centre Moscow which is due to open in 2013. PUMA has taken a 347 sq m unit.

PUMA, one of the world’s leading sports lifestyle companies, are the latest in a long line of brands to sign up for the FASHION HOUSE Outlet Centre Moscow which is due to open in 2013. PUMA has taken a 347 sq m unit.

Miroslaw Ryba, Managing Director, Puma Russia explains: “It was vital that we deal with a professional and experienced Outlet operator going into a new sector as it is the key to our brand’s success. We have worked with FASHION HOUSE Group over a number of years and they have a successful proven track record. We are delighted to be opening an outlet in their Moscow site.”

Brendon O’Reilly, Managing Director of FASHION HOUSE Group adds: “We are delighted to have secured Puma for the FASHION HOUSE Outlet Centre Moscow. They are one of the best known sports brands in the world with an international reputation which will fit in well with the high quality mix of brands we are attracting to Moscow. We are currently ahead of schedule with the leasing as the interest levels have been so high. Our leasing team is working with a wide range of brands and we will be announcing more lease signings over the coming months.”

He adds: “For all our centres we aim to provide the right mix of local, European and International designer and sports brands relevant to the marketplace. With the current interest levels we are confident Moscow will have the high calibre tenant list required for a successful outlet venture.”

FASHION HOUSE Outlet Centre Moscow is the first FASHION HOUSE Group project in Russia, located just 12 km away from Moscow and has a catchment area of 13.4 million within a 90 minutes drive time. With GLA of 28,640 sq m, it will be home to 165 outlet units, foodcourt, restaurants and cafes, 1820 parking spaces and a children’s play area.

Brands already signed up include L’Etoile, Lacoste, Calzedonia, Incanto, Econika, Henderson, Ralf Ringer and Intimissimi, among others.

FASHION HOUSE Group are an independent, specialist Outlet Services consultancy currently in a position to set up, lease, manage, operate and market Outlet Centre schemes as well as providing support and development for retail brands in the outlet sector. They are a leading player in the European Outlet sector and the largest developer/operator in the Central European and Russian markets with a proven track record of establishing the Outlet Centre sector in emerging markets.

FASHION HOUSE Group has set up nine Outlet Centre developments in Central Europe in the last eight years and has six more projects in the pipeline. As well as the Moscow project, FASHION HOUSE Group also have a project in St. Petersburg as well as FASHION HOUSE-branded projects in Poland and Romania and have other projects in Switzerland and Serbia.

Brendon O’Reilly adds: “This is a new and exciting marketplace that we feel is ready for the FASHION HOUSE-branded Outlet offer. We have built a great offer and take great care in developing Outlet Centres that work for, retailers, investors and consumers alike – and that also look beautiful. We are very proud of the work we do and professionalism of the whole of the FASHION HOUSE Group team.”

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