McArthurGlen to expand outlets

Designer discount shopping centre McArthurGlen is planning to expand its European operations by opening 2.7 million

square feet of retail space of the next three years.

The cost of expansion is thought to be 1.5 billion euros and would see new outlets in the South of France, Istanbul, as well as extensions in Milan, Swindon and Ashford.

McArthurGlen managing director of development Gary Bond told Drapers: “Our focus of expansion is Europe. We look for markets where there is a strong catchment in terms of population, economic wealth and tourism potential, and which have a developed fashion retail and brand culture, as well as good transport links."

McArthurGlen operates 20 designer outlets in 8 countries including Austria, France, Germany and the UK.