According to a report from Cushman & Wakefield, fashion brands have leased the most shop space in Europe compared to other retailers. The report also highlights the increasing popularity of in-store shopping for fashion and beauty.
Space NK has been among the many fashion and beauty brands seeking physical retail space , according to a new report from Cushman & Wakefield . People just can’t get enough of in-store shopping, especially for fashion and beauty, according to Cushman & Wakefield ’s latest European Retail Radar report. In the first six months of 2023, fashion brands leased the most shop space compared to any other type of retailer.
The brands accounted for more than 40 percent of retail floor space leased across Europe by The real estate services firm said it analyzed nearly 1,000 retail real estate transactions across Europe and found that the majority of the deals were made by mass market fashion retailers.Fashion also accounted for the largest share of leases for bigger spaces — larger than 11,000 square feet — in the period. Cushman said fashion accounted for almost one-third of all deals for all unit sizes but, for the largest units, it represented more than 40 percent of deals. Other retailers going for larger spaces tended to be home and do-it-yourself, mixed goods and leisure brand
Space NK Fashion Brands Beauty Brands Retail Space In-Store Shopping Cushman & Wakefield European Retail Radar Report Real Estate Mass Market Fashion Retailers Leases Unit Sizes Home Brands Do-It-Yourself Brands Mixed Goods Brands Leisure Brands
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