Shopping malls giant Hammerson said on Thursday that it has managed to collect only 41% of the Q4 rent that it’s owed. That divides into the UK collecting 38%, Ireland 33%, and France a healthier 51%.
Hammerson has announced its new CEO, an executive who’s prepared to take on one of the toughest current jobs in the real estate sector as retail property owners remain under intense, even existential, pressure.
With news of so many store closures, it’s encouraging to hear of a major opening with US shoe and lifestyle brand Skechers having opened a flagship store on a key Paris shopping street, Rue de Rivoli.
In 26 years, Ray Kelvin has turned Ted Baker into a public company, set to surpass 365 million pounds in annual revenue. The charismatic founding leader shares with FashionMag.com the keys to its expansion and its goa...