APPLE PREPARING TO OPEN LATIN AMERICAN GLOBAL FLAGSHIP EARLY NEXT YEAR
Apple has secured permission to create a large, single-storey standalone outlet at Antara Fashion Hall in Ciudad de Mexico’s (CDMX) upscale Polanco district. Previously, the company planned to take over a multi-level store vacated by Crate & Barrel last year, but that structure, which was attached to the Antara mall proper, has since been demolished. Apple will instead use the space to create a separate building on mall property. The forthcoming store is expected to boast the usual trappings of an Apple flagship outlet, including a boardroom for enterprise clients. The store will also include the ‘town square’ design which has been included in Apple’s most recent flagship stores. Apple signed the lease for its upcoming Antara Hall location last year, just six months after opening its first retail store in Mexico’s Centro Santa Fe mall. That outlet continues to outperform, with strong consumer sales and enterprise services revenue. With Mexican operations proving lucrative, Apple is examining a wider push into Latin America with leases in Argentina and Brazil.
The largest mall in the USA is continuing to move forward and it has now received approval from the miami-dade country planning board. The 500-acre project, dubbed the american dream Miami, is being led by canadian developer triple five. The $4bn, six million square foot entertainment centre’s design includes features such as an artificial ski slope, an indoor water park, and submarine rides. The scheme will also feature high-rise glass hotels and rooftop components. Located 200 miles from Disney World, the american dream project is hoping to provide a competitive alternative in closer proximity to southern floridians.
OUTLET COLLECTION OPENS IN EDMONTON
More than a thousand shoppers lined up for the grand opening of the amenities-packed Premium Outlet Collection Edmonton International Airport. The fully enclosed centre, a joint project between Ivanhoé Cambridge and Simon, includes space for 100 retailers and six anchor tenants, and upoin opening included DSW, Forever 21, H&M, Nike Factory Store, Old Navy Outlet and Marshalls. With 428,000sq ft of retail space, the centre is designed for locals and tourists. A regular shuttle runs from Edmonton International Airport next door, and plane arrival and departure times are posted throughout the centre. A new shipping system called “DeliverEASE” delivers purchases directly to shoppers’ homes. Claude Sirois, President, Retail, Ivanhoé Cambridge said: “We are thrilled to bring our premium shopping experience to the Edmonton International Airport. Premium Outlet Collection EIA will be a unique shopping destination for Alberta, guaranteed to draw visitors from within and beyond the province.
COVER GIRL TO OPEN IN TIMES SQUARE
Mass makeup brand CoverGirl is moving into freestanding retail by opening a 10,000sq ft flagship in the heart of Manhattan’s Times Square. The store is due to open in fall 2018 and will include an experiential beauty play room with interactive elements, full-service makeup applications, on-the-go services, digital experiences and more alongside traditional company products. The design of the store will reflect the dynamic and energetic locale and will also serve as an interpretation of CoverGirl’s “I am what I make up” brand philosophy. “At CoverGirl, we believe that makeup is a powerful tool for creativity and self-expression,” said Ukonwa Ojo, Senior VP, CoverGirl, which is owned by Coty. “Opening a concept store will help bring this brand purpose to life in an immersive, elevated and multi-dimensional way.” The upcoming flagship is the latest in a series of moves that are part of the company’s rebranding process.
MADE-TO-MEASURE BRAND TO INCREASE RETAIL FOOTPRINT
Indochino, the digitally native menswear brand, is expanding its brick-and-mortar footprint by almost a third. The company is in the midst of opening eight new stores, in locations ranging from Newport Beach, California, to Short Hills, New Jersey. Founded online in 2015, Indochino had 23 stores before this expansion began. The new locations have been chosen for their close proximity to a young professional community and as a premier shopping destination for men aged 25-45. Indochino’s retail spaces offer an immersive experience. Customers are designated their own personal stylist who assists them in designing their suit or shirt and helps them choose from millions of possible combinations of fabrics and personalisation options.
NEW MALL BILLED AS ONE UNLIKE ANY OTHER IN REGION
The Calgary area’s newest mall is bringing something different to the retail scene, and its 500 retailers are banking on its unique style to help them thrive once their doors open this summer. Situated just north of Calgary across from CrossIron Mills, the new Horizon Mall has cost $200M to construct and has been developed by the Torgan Group and MPI Property Group. The 30,000sq m, international-themed shopping centre is the first mall in Alberta where each retail space is purchased, not rented. The concept is similar to a condo building for retailers, with individual stores either owner-operated or leased by owners to other retailers. Units range in size from about 13-40sq m, with those on the higher end setting owners back around $750,000. Each unit is surrounded by glass walls throughout the largely white-coated shopping centre. While the mall’s doors are open to the public, retailers have only just started receiving their keys. A full opening is expected sometime this summer. One prominent theme of the mall will be entertainment, with fashion shows and live music events taking place on the stage located at the centre of the mall’s ground floor. A dining centre and food court, featuring 26 diverse fast-food restaurants is located on the top floor, where the most expensive unit sold for $950,000. More than 350 underground parking bays are also available for free to customers. Based on the number of businesses that can be operated in the mall, the New Horizon mall is the second largest shopping centre in Canada, with an area more than five times the size of a CFL (Canadian Football League) football field. The new mall ranks behind only the West Edmonton Mall, which has more than 800 stores.