The international retailer has signed leases with Klépierre to open seven new stores across France and Italy.
Primark already has 11 stores in Klépierre’s European portfolio, located in Spain, Portugal, Germany and France. With this deal, Klépierre and Primark are reaffirming their confident in large malls to deliver an exceptional retail experience to customers.
Jean-Marc Jestin, Chairman of the Klépierre Executive Board, said: “It is with great pride that the Group welcomes these seven new Primark stores to our malls. These future openings reflect the ability of our malls to offer the best if retail, in the best locations, with a strategy of targeted investment.”
Tom Meager, Property director for Primark, added: “We are delighted to announce our continued expansion in Italy and France and look forward to continuing to build our relationship with Klépierre, who we have worked with since 2007.”
