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first time players and digital native vertical brands. And there will also be a   MAPIC. Far from it, the market has seen for example the huge shift to
              fan zone, because the World Cup in Qatar will be taking place!  omni-channel retailing and now most companies have established their
                Sustainability will be a core element of MAPIC 2022 and it is absolutely   strategies around digital and physical. So even if a new model is needed,
              clear that there has been a huge shift towards environmental, social and   this also presents a huge opportunity.
              community issues and it is not possible for investors, developers or   Everything is changing – new financial models are required, far more
              landlords to operate their businesses without a clear ESG agenda. And for   flexibility will be required among both real estate and retail companies and
              retailers and brands, the younger generation simply will not buy products   in many ways that changes are not just about business but fundamentally
              or services if they are not satisfied with the sustainability or ethical values   about the way we live our lives.
              of those brands. It is a radical change, and one we will reflect at MAPIC.  In fact, the industry has already proved to be extremely resilient.
                Apart from the many conference sessions dedicated to the subject and   While there are many concerns about the end of the year, when I
              our focus on a more “human” business world, we will also have a special   speak to retailers and F&B operators, many had been enjoying a strong
              premium networking event on the theme of sustainability. And last but   2022 and have already been able to develop their offers to have the
              not least, we have pledged that this will be the most sustainable MAPIC   right number and kind of physical stores and to invest in their online
              yet, with a host of commitments and practical solutions as we strive to   capabilities. And I am delighted to say that this year we will see more
              improve continuously and to constantly reduce our environmental impact.  international companies back at MAPIC from outside Europe, including
                                                                    major players from the Middle East and the US.
                What does the new mix mean for MAPIC and what it     Finally,  we  are  delighted  to  be  hosting  our  Awards  ceremony  in
              showcases?                                            Cannes and once again we are adapting them to reflect the new realities.
                I think it is obvious that for most companies – and even for us at   So for example, among the traditional categories, we will also reward
              MAPIC – there is an ongoing search for the new equilibrium. There has   companies for innovation and sustainability – both retailers and real
              been so much change that the industry and the world is in constant flux   estate – and we will also celebrate the malls, retail parks and outlets
              and that makes it a very dynamic and fluid situation.  which have shown the best performance coming out of the pandemic.
                But without underestimating the current challenges, it is also important   Finally, attendees will have the chance to vote in the pitching sessions
              to remember that this is not the first crisis that retailers and real estate   and the most popular will receive an Award. We want MAPIC 2022 to
              players have faced in the years that we have been hosting the industry at   be all about positive vibes!
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