VIA Outlets reports strong growth across 2019

380
VIA Outlets accelerates growth as 2019 proves another successful year, reporting an 8.4% increase in brand sales & 6.1% footfall.
Remodelling will continue in 2020, with works completing at Vila do Conde Porto Fashion Outlet in Portugal.
// VIA Outlets reports 8.4% increase in brand sales
// The outlets saw a 6.1% uplift in footfall, over 32m guests visited the destinations
// 128 new retailers joined the VIA Outlets portfolio last year

VIA Outlets has registered another year of impressive growth thanks to the company’s remodelling programme and the introduction of new brands.

The outlet centre operator reported a 8.4 per cent rise in brand sales and a 6.1 per cent increase in footfall.

The increase in brand sales meant an uplift to £1 billion in 2019, while the footfall increase meant VIA Outlets saw a record 32.2 million guests over the year.

“Our portfolio continues to deliver exceptional results with growth across all fundamental metrics, proving once again that our 3 R’s strategy is working well and continues to deliver fantastic results for our investors,” VIA Outlets chief executive Otto Ambagtsheer said.

In 2019, 31 per cent of the portfolio was remerchandised, 128 new brands joined the VIA Outlets’ portfolio while brands such as Adidas and Calvin Klein opened more stores within the portfolio.

In addition to this, 210 relocations and refits took place, including upsizes for Hugo Boss and Gant.

Click here to sign up to Retail Gazette‘s free daily email newsletter

LEAVE A REPLY

Please enter your comment!
Please enter your name here