Mapic 2016 preview magazine

Page 29

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New markets Uniqlo in Shanghai, looking to expand in a rapidly growing market

“The CEE markets offer higher returns, which explains investors’ appetite to invest there” Raphael Brault, AEW Europe

scheme is set to be a major addition to the capital and offers what Uplace’s former chief operating officer, Bram Thomas, says is a step forward into the future: “It will be an allin-one experience destination. Retailers are more cautious now. They want fewer stores but better stores and they’re very conscious of the value of a store to boost online sales.” While investment volumes tell one story, global development activity tells yet another. And while the US ranks first in investment activity, it does not even appear in the top 30 in the AT Kearney Global Retail Development Index for 2016. This league,

Indian promise: Zara in Mumbai

preview magazine I October 2016 I www.mapic.com

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