The company’s investment plans include four new developments and seven expansions in the next three years in some of the most influential areas and key tourist destinations with high population density in Europe and Canada. These plans were presented by McArthurGlen at MAPIC, retail’s referential event.
Julia Calabrese, CEO at McArthurGlen, claims that «although shopping is increasingly made online, the buyers’ demand for shopping destinations has never been so high. This includes tourists, and that is why we have made it our goal to double our tourism revenue in the coming five years thanks to independent traveling».
Amongst the main developments there are, in Spain McArthurGlen Designer Outlet Malaga (140 millon investment); besides the United Kingdom, Germany, Italy and France.