Neinver saw its sales figures and foot traffic rise at the 14 outlet centres the company manages throughout Europe. Sales at its centres reached EUR 352 mln, up 13% from the same period in 2011, and the total number of visits grew by 11% to 16.3 million.
Neinver saw its sales figures and foot traffic rise at the 14 outlet centres the company manages throughout Europe. Sales at its centres reached EUR 352 mln, up 13% from the same period in 2011, and the total number of visits grew by 11% to 16.3 million.
Despite an environment marked by an overall drop in consumption in much of Europe, Neinver centres' key indicators improved in almost all markets where the company does business, thus consolidating its position in the international market. Earnings were particularly solid in Poland and Portugal, where sales rose by 27% and 7.6% respectively, and foot traffic increased by 33% and 13%, respectively, compared to the first six months of 2011. In Poland these results reflect, among other factors, the opening of a new centre in Krakow; and in Portugal, they reflect the revitalisation of the Vila do Conde centre through greater interaction with shoppers and an improved mix of stores.
'Geographic diversification, a stronger business model and revitalisation of the outlet concept through our active management are some factors that contribute to our figures’ ongoing growth in Europe. The results from this first half of the year reinforce the company’s commitment to specialising in the outlet sector, and they boost our prospects of becoming the leading operator in Europe', said Neinver retail directo Jorge Sanchez.
