McArthurGlen reports about tourism shopping boom

McArthurGlen reports about tourism shopping boom
McArthurGlen reports about tourism shopping boom

One of the largest European retailers - McArthurGlen - reported about the boom of tourism shopping in its stores. McArthurGlen outlets, where are presented the most famous world fashion brands, for the first 4 months of 2012 recorded growth of sales among international travelers by 62%.

McArthurGlen is one of the leading retailing operators in Europe, which giant centers can be found in Austria, Belgium, France, Greece, Italy, the Netherlands and the UK. In total 20 outlets offer products with significant discounts (30-70%). The range of goods and prices, as well as convenient location of shops was the main reason for McArthurGlen’s success.

Among the main categories of foreigners, who made a significant contribution to the growth statistics, are tourists from China. For three months in 2012 they bought by 116% more goods than the same period last year. At the same time the main group of the network’s customers is tourists from Russia.

Either way, tourists add percentage to the already impressive figure. In addition to China, growth in sales was stimulated by tourists from Singapore (156%), Indonesia (148%), Malaysia (113%), Korea (58%) and Japan (40%).

Currently McArthurGlen stores offer in total 2,000 stores and hundreds of brands, including such well-known as Armani, Burberry, Fendi, Jil Sander, Prada, Sergio Rossi, Valentino, Versace and others.

Founded in 1995 McArthurGlen is now one of the most fashionable retailers in the world. The network’s annual sales level exceeds 2 billion Euros, while the number of visitors is more than 75 million.

Success inspires. In the near future McArthurGlen empire will grow not only in Europe, but also in the whole world. The second outlet in Germany will be opened on September 2012. It will be McArthurGlen Designer Outlet Neumunster near Hamburg. The company also plans to open new outlets in France (Vernon town near Paris), Belgium (Gent) and Canada (Vancouver).

Ilya Kalachev

Date: 24/06/2012

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