Zucchigroup’s Post

Traversing the Retail storefronts (on Corfu Island, Greece) a UNESCO World Heritage site! This week's video adventure took me to the enchanting Greek island of Corfu, specifically the historic Old Town, which dates back to the 8th century BC. Imagine the ancient world buzzing with activity, and now, juxtapose that with today’s vibrant yet quaint community—it's a fascinating contrast. Walking through Corfu's cobblestone streets and discovering partially intact church walls was like a live history lesson. These hidden gems, often tucked between narrow pedestrian walkways (where even a Smart car would struggle), are flanked by shops that seem as ancient as the island itself. In a delightful twist, I stumbled upon a few corporate retail brands among the predominantly family-owned stores (my estimate: 80% are family-run). Even more surprising was the scarcity of major supermarkets—90% seemed locally owned (organic) blended with a few Asian retail styles. It’s a stark reminder of how retail diversity thrives here. A standout from my visit was the Olive Wood Workshop by Tom. Picture your handy uncle or grandfather, and you get Tom, who’s been crafting exquisite products from fallen olive trees since 1969. Talk about sustainable and local business practices! On the flip side, the Old School Sneaker Club was a refreshing contrast. With its modern finishes and luxury millwork, this store has clearly undergone recent renovations. Their sleek decor effectively targets the skate demographic, blending modern retail strategies with classic charm. As I wrap up this video journey, I can’t help but recommend adding Corfu to your travel itinerary. It's a perfect blend of history and modern retail touchpoints—a testament to how timeless retail principles endure through the ages. Thank you, Corfu, for the unforgettable memories and invaluable retail insights. #RetailInnovation #SustainableOrganic #GreekOliveOil #CorfuAdventures #RetailStorefronts #CoporateRetailBrands #Sephora #RetailTrends #FamilyOwnedBusinesses #UNESCOWorldHeritage

💎 Milan’s Via Montenapoleone: The Pinnacle of Luxury Retail 🌍 ✨ Setting a New Global Benchmark For the first time in over three decades, a European shopping street has claimed the title of the world’s most expensive retail destination, as per Cushman & Wakefield's latest study. These rankings throw interesting light and our take for Luxury Retailers & Investors is- 📈 Record-Breaking Growth 🌟 Luxury Meets Opportunity 🛍️ Prime Real Estate Matters 💼 Positive Prospects Ahead 🌍 At Peaks Partners, we act as your strategic Gateway to Global Luxury Retail Success 💎, providing services- 📌 Strategic Market Insights 🔍 Identify prime luxury locations like Milan’s Via Montenapoleone and beyond and 📊 Provide data-driven advice on cost optimization 📌 Tailored Expansion Plans 🛠️ Develop bespoke strategies for entering prestigious shopping streets. 📌 Consumer-Centric Approaches 👗 Craft luxury retail experiences that align with evolving consumer expectations. 📌 Global Network & Partnerships 🌐 Leverage our extensive network of real estate, retail, and brand partners. 🤝 Secure exclusive opportunities in competitive luxury markets. 📌 Revenue Acceleration 🚀 Implement innovative marketing and merchandising solutions to drive higher sales per square foot. 👉 Ready to take your luxury brand to the world’s most iconic streets? Peaks Partners can lead the way! 💬 DM here or 📧 ravdiip.a@peakspartners.com Read the story here 🔽 https://lnkd.in/gNyGBrC3 #LuxuryRetailing #HighStreetExpansion #GlobalFashion #RetailConsulting #LuxuryStrategy #PeaksPartners #LuxuryGrowth #RetailSuccess #ConsumerTrends #GlobalExpansion #IconicLocations #LuxuryRetail #MilanViaMontenapoleone #GlobalShoppingStreets #HighStreetFashion #GlobalLuxury #EconomicGrowth #LuxuryMarketTrends

Thursday, June 6 #Warsaw #Poland - Coffee with Craig Show daily CRE news covering the CEE/SEE/Baltics region with Craig Smith and Winston Norman For interviews and partnerships contact Craig Smith - Craig@EuropaProperty.com -- Publications 2024/5 - EuropaProperty Investment GUIDE – OCTOBER – EXPO REAL (Messe München) - EuropaProperty Retail Guide - November - MAPIC World 2025 - EuropaProperty Real Estate Guide - MIPIM --- EVENTS 2024/5 EuropaProperty Events –2024 October 15, CRE Awards (#Budapest) October 29, CEE Investment Awards (#Warsaw) 2025 January 30, Retail Awards (#Warsaw) April 3, SEE Real Estate Awards (#Bucharest) -------------NEWS---------- - Sonae Sierra avoided €22 million in operating costs during 2023 by implementing a wide range of measures that improved eco-efficiency levels. According to the Economic Environmental and Social Report, the company has reduced its greenhouse gas emissions by 88 percent since 2005, reduced its electricity consumption by 68 percent since 2002 and achieved a 41 percent reduction in water consumption since 2003. Elsa Monteiro   - Developer One United Properties SA Properties announced that one year after the sales launch for One Lake District, a large-scale sustainable development in Bucharest, 80 percent of Phase 1 has been pre-sold. This phase includes over 620 apartments. Phase 1 of the project has a gross development value of over €138 million, with completion estimated for the second quarter of 2025. ”Aligning with our long-term strategic urban regeneration development plan, One Lake District is an evolving project that redefines the industrial area of the former brick factory into a large urban waterfront”, says Beatrice Dumitrascușcu, CEO of Residential Division One United Properties.   - Hospitality group Accor will open this autumn Mercure Hotels Sofia, the first hotel under the midscale brand in #Bulgaria. The project will be operated under a franchise agreement with Festa Hotels JSCo. “The addition of Mercure Sofia marks a significant step in increasing our footprint in the Balkans, a region with strong potential for further growth,” said Frank Reul, Vice President of Development for Accor’s Premium, Midscale & Economy brands in #Eastern #Europe, #Balkans, #Italy & #Greece.   - Woolworth GmbH, a pioneer of multi-brand, large-format discount shops, will enter Redkom Development’s retail park under construction in Bielsko-Biała, occupying over 1,000 sqm. This will be the brand’s first shop in the city. Woolworth has announced a dynamic expansion. In the medium term, it plans to open a chain of 5,000 shops across Europe. In Poland, the company plans to open around 40 new shops in 2024 and a target of 400 units. “The construction of the new retail park in #Bielsko-Biała is already well advanced. With an opening planned for the end of this year,” says Elżbieta Kutrasińska, Head of Leasing, Redkom Development.

Known as the economic powerhouse of Italy, Milan is home to the Borsa Italiana, Italy’s main stock exchange, and serves as a hub for finance, fashion, and design The city’s architectural landscape is a testament to its rich history and cultural heritage. The iconic Duomo di Milano, a stunning Gothic cathedral, stands as a symbol of Milan’s artistic legacy. As the capital of Lombardy, Milan is the wealthiest city in Italy, boasting a GDP that surpasses many European capitals. Its strategic location in northern Italy makes it a pivotal gateway for trade and commerce within Europe. Despite its bustling urban environment, Milan offers serene green spaces like Sempione Park, perfect for relaxation and leisure. Its culinary scene is equally impressive, offering everything from traditional Italian cuisine to innovative gourmet experiences. Milan is one of the most multicultural cities in Italy, with a significant number of residents from various countries, contributing to its vibrant cultural scene. #Milan #Italy #Globalrelocation #Milano #Businessrelocation #Globalmobility

I am coming back from China, where the Luxury market has shown a strong slowdown. Trying to understand the reasons, I think it is interesting to focus on the current mindset of the Luxury buyers - from the young customers to the top clients, there are different explanations, all converging to a careful Luxury consumption. In the meantime, never has China seen so many ambitious retail projects, with new shopping malls targeting Luxury planning to open in all major cities. In this moment when Luxury Maisons are very careful with new openings, it might deeply affect the China Luxury landscape, with the need of a strategic adaptation both from the Maisons and from the Luxury shopping mall developers. I am happy to share a quick analysis of the situation, please feel free to share your comments!   #LuxuryMarket #ChinaEconomy #MarketTrends Delphine Vitry Véronique LE BANSAIS Thomas Mesmin Claire CAUCHOIS Chloé d'Avout Diane de Raynal (de Zélicourt) Eva CASTER Céline Gigon Virginie MAZELIER Hongbin LI Fang Qin  

Milan’s Via Monte Napoleone has for the first time beaten New York and London to be the world’s most expensive shopping street, as the Italian city benefits from an influx of affluent tourists and fierce competition for prime real estate among luxury brands. It is the first European city to top the list in 34 years. Historically Italy’s austere financial capital, Milan has more recently morphed into a popular destination for tax-free luxury shoppers from outside the EU, global investors and personalities in the fashion and arts sectors. 2024 was a record year for tourism across the Lombardy region, which includes Lake Como, with more than 13mn arrivals in the first eight months of the year. Milan, the regional capital, is now on course to surpass last year’s record 8.5mn visitors, experts say. This popularity among the super-rich has pushed real estate and hotel prices up. The trend has a knock-on effect across prime locations in the historic centre where space for developments is limited.

🌍 As seen in WWD, Savills Retail and Leisure has published the 6th edition of our Global Luxury Outlook Report: https://lnkd.in/eKsTGKPx This year's market outlook takes stock of the continued trend of localisation and what is means in terms of store expansion, evolving concepts and other key topics, including: 🛍️ Trends in store expansions ⛷️ Resort Markets and their appeal to expansive luxury brands 📍 Trends in localisation 🤝 Who was the most acquisitive in 2023? ✅ Opportunities markets of the future ... and much more! anthony selwyn, Co Head of Global retail, highlights, "Luxury brands are being more strategic than they have ever been in terms of the locations they are taking and their presence in particular markets. We focus on providing a global perspective given the luxury landscape continues to widen and uncover exciting new possibilities, helping landlords create more opportunities for retailers, while also encouraging retailers to further embrace their customers." Read the full report for insight from Savills retail experts across the globe. Marie Hickey #Retail #LuxuryRetail #RealEstate

🌍 As seen in WWD, Savills Retail and Leisure has published the 6th edition of our Global Luxury Outlook Report: https://lnkd.in/efhVC7iA This year's market outlook takes stock of the continued trend of localisation and what is means in terms of store expansion, evolving concepts and other key topics, including: 🛍️ Trends in store expansions ⛷️ Resort Markets and their appeal to expansive luxury brands 📍 Trends in localisation 🤝 Who was the most acquisitive in 2023? ✅ Opportunities markets of the future ... and much more! anthony selwyn, Co Head of Global retail, highlights, "Luxury brands are being more strategic than they have ever been in terms of the locations they are taking and their presence in particular markets. We focus on providing a global perspective given the luxury landscape continues to widen and uncover exciting new possibilities, helping landlords create more opportunities for retailers, while also encouraging retailers to further embrace their customers." Read the full report for insight from Savills retail experts across the globe. Marie Hickey #Retail #LuxuryRetail #RealEstate

According to CW European Luxury Retail Report; rents in key luxury streets in Europe have seen stronger uplift over the past several years than for high street retail as a whole. This shows expanding with physical stores and the ‘location choice’ are as always essential, even more for luxury brands. #cw #europe #luxuryretail #highstreets #luxuryrealestate #retailtrends