London prime shop rents leap 9% in last quarter of 2015

Luxury retailers battle for prime central sites in trend towards operating fewer but more high-profile stores

Luxury brands must redefine the way they do business

Retailers cannot solve the economic slowdown in China by opening more stores. Instead, they should focus on services and experiences

Top ten global retail rents. Luxury retailers are in the sweet spot

Luxury Retailers are thriving throughout top global markets, according to Colliers International‘s latest global retail report. Among the top 10 global retail rents for the year (per square foot in USD), New York’s Fifth Avenue is the pinnacle, with NYC’s Madison Avenue also on the list, while Hong Kong holds three spots. The list is … Read more

Using digital to drive in-store luxury purchases: Multichannel Retail study

In an attempt to find growth, the companies are, again, turning to multichannel, believing that when channels coordinate, the whole is greater than the sum of its parts. Although e-commerce continues to register double-digital growth year-over-year, online sales have not matched the hype and vision evangelized over the last 15 years. In the same vein, … Read more

Fifth Avenue, Broadway post substantial asking price increases

Rising asking prices and heavy foot traffic in Manhattan’s high profile shopping corridors make the Manhattan retail real estate sector one of New York City‘s most robust, according to The Real Estate Board of New York’s (REBNY’s) Spring 2013 Retail Report, a report compiling data about asking rents for available space provided by a broad … Read more

19 new luxury retailers welcomed on Madison Avenue

Madison Avenue Welcomes Nineteen New Retailers in Second Half of 2012 Madison Avenue, the North America’s premier luxury district, is featuring some of the most sought-after real estate in the world. The Madison Avenue Business Improvement District (BID) released its Second Half report for new store openings, announcing 19 new retailers. “Madison Avenue hosts the largest … Read more