Outlet Retailing - Value Retail News

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PEOPlE Outlet expert Cousland dies in Moscow bombing Gordon Cousland, 39, one of 37 people killed in the Jan. 24 bombing at Domodedovo Airport in Moscow, had strong ties to the Eastern European outlet industry. As a managing consultant for the London Cousland office of CACI, a global marketing and IT company, Mr. Cousland had been a panelist at the European Outlet Conference held in Milan in October 2010, speaking on managing information and transparency. He was an expert in identifying opportunities and in using metrics to enhance decision making. According to Brendon O’Reilly, CEO of Fashion House Development, devel- McArthurGlen names Mark Aldridge head of communications McArthurGlen has appointed Mark Aldridge to the position of head of communications. He will be responsible for tourism and for driving McArthurGlen’s communications strategy Aldridge from a PR and media relations perspective. Aldridge’s wide-ranging marketing experience includes campaign management, celebrity management, media strategy, event management, consumer PR and corporate PR. He started his career at Debenhams department stores, then went onto senior management positions with BAA Ltd (World Duty Free) and most recently was with Hammer Holdings, where he set up and launched the new beauty and lifestyle brand, All for Eve. The brand’s products are available at John Lewis, Debenhams, Boots, Harvey Nichols, Harrods, Fenwick Group, and all major online beauty retailers. The brand’s charity, Eve Appeal, raises funds for gynecological cancer research from a portion of its web sales. While at Hammer Holdings Aldridge managed corporate, retail, press and 22 InternatIonal outlet Journal SPRING 2011 oper of outlet centers in Poland and Romania, Cousland was handling all the site analysis for the developer’s 17 planned outlet centers in Moscow and in St. Petersburg, Russia. “From a personal view, it’s so sad,” O’Reilly told VRN/IOJ. “He wasn’t working for us on that particular visit, otherwise it really would be unbearable. I worked with Gordon for some years, but aside from business, I have fond memories of very enjoyable evenings with him over a beer. Gordon’s untimely death has caused great sadness within the outlet industry and his wealth of experience and unique personality will be sadly missed.” Ken Gunn, director of UK-based FSP Retail, said, “I was devastated by the sad news of Gordon’s tragic death. I worked closely with him at CACI and although private events, as well as society parties. Realm appoints center managers at two centers Retail asset manager Realm has appointed new managers for two of the company’s nine outlet centers in the UK. Paul McCarthy takes the helm at the 200,000-sf Freeport Braintree Outlet Shopping Village, and Jon Abbott steps in at the 145,000sf Freeport Talke Outlet Centre, both in England. McCarthy previously held senior commercial positions at Heathrow Airport and more recently with a retail consultancy. He will work with the local community, council and retailers – among them Nike, Ted Baker and Lacoste – to help make Freeport Braintree, which opened in 1999, a destination center. Abbott held positions for 10 years with Marks & Spencer, where he was involved in site acquisition for the Simply Foods program. He joins the Stoke on Trent center McCarthy Abbott as it undergoes a €2.3 million remodeling and improvement plan (see page 16 we later became business rivals, Gordon always had time for a chat whenever and wherever our paths crossed. He was one of life’s good guys who will be missed by all who knew him.” Before becoming a consultant for CACI in 2007, Mr. Cousland was director of new business development for Datamonitor; global account manager for Business Monitor International, and global account manager for Euromonitor International. His recent assignment included working on outlet-center projects in Belgium, Moscow and St. Petersburg, as well as on restaurant, retail and shopping center expansions in Germany, Poland, Romania and the UK. He is survived by a large family in Scotland, a six-month-old daughter, and his fiancé, whom he was to marry this spring. ` for details). Tenants in the 12- year-old center include Antler, Famous Footwear and Marks & Spencer. henderson adds Jamie Acheson to its outlet fund Jamie Acheson has joined Henderson Global Investors as an asset manager for its €1.3 billion European Outlet Mall Fund (EOMF). He was previously with Colliers International for six years on the Acheson retail development team, working largely on shopping center development projects in emerging markets, including North Africa, the Far East and Eastern Europe. Acheson became a member of the Royal Institute of Chartered Surveyors in 2007. In 2010 he received the Young Property Professional of the Year award from Estates Gazette. He will work directly with David Williams, EOMF’s fund manager, who says, “Jamie’s experience in development, consultancy and leasing arrangement, complements our existing team. He has the energy and proven ability to succeed, and I am confident that he will provide the expertise necessary to enhance the fund’s performance going forward.” `
European Outlet Mall Fund David Williams Fund Manager European Outlet Mall Fund Tel: +44 (0)20 7818 6423 david.williams@henderson.com Jamie Acheson Asset Manager European Outlet Mall Fund Tel: +44 (0)20 7818 3394 jamie.acheson@henderson.com €1.5bn The Fund's €1.5bn portfolio comprises 11 highly successful pan-European designer outlet centres in Italy, Germany, France, Austria, The Netherlands, Belgium and the UK. ITALY; SERRAVALLE, BARBERINO, CASTEL ROMANO | AUSTRIA; PARNDORF | THE NETHERLANDS; ROERMOND GERMANY; BERLIN | BELGIUM; LUXEMBOURG | FRANCE; ROUBAIX | UK; CHESHIRE OAKS, SWINDON, BRIDGEND www.henderson.com/property Together with their partner McArthurGlen, Henderson’s European Outlet Mall Fund owns and runs a portfolio that comprises approximately 250,000 sq m GLA. These 11 renowned retail destinations offer some of the world’s leading designer brands and continue to outperform expectations. Across 7 countries, the centres are testament to the Fund's European outlook and success. Issued and approved by Henderson Global Investors and is solely for the use of professionals, defined as Eligible Counterparties or Professionals as per the Guidance for Authorised Firms made under the Financial Services and Markets Act 2000, and is not for general public distribution. Any other persons who receive this document should not rely on or act upon its contents. Please remember that past performance is not a guide to future performance. The value of an investment and the income from it can fall as well as rise as a result of market and currency fluctuations and you may not get back the amount originally invested. Tax assumptions may change if the law changes and the value of tax relief will depend upon individual circumstances. Due to the specialist nature of property investment, in certain circumstances there may be constraints on the redemption or switching of units/shares in the fund(s). The funds invest in a specialist sector that may be less liquid and produce more volatile performance than an investment in other investment sectors. The value of capital and income will fluctuate as property values and rental income rise and fall. The valuation of property is generally a matter of valuer’s opinion rather than fact. The amount raised when a property is sold may be less than the valuation. Henderson Global Investors is the name under which Henderson Global Investors Limited (reg. no. 906355), Henderson Fund Management plc (reg. no. 2607112), Henderson investment Funds Limited (reg. no. 2678531), Henderson Investment Management Limited (reg. no. 1795354), Henderson Alternative Investment Advisor Limited (reg. no. 962757) and Henderson Equity Partners Limited (reg. no.2606646) (each incorporated and registered in England and Wales with registered office at 201 Bishopsgate, London EC2M 3AE and authorised and regulated by the Financial Services Authority) provide investment products and services. Telephone calls may be recorded and monitored.
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