IKEA Shopping Centres Russia reports on activity during 2014 and future development plans – EuropaProperty
IKEA Shopping Centres Russia has seen significant activity at its 14 MEGA branded malls located across Russia in 2014, as international retailers continue to seek growth in the country. Since the beginning of this year, several international brands have entered Russia for the first time via IKEA Shopping Centres Russia’s MEGA malls. In addition, a further 56 western brands already operating in Russia have taken new space at MEGA malls, or have extended their existing leases, which equals a total of 25,000 sqm.International brands that have launched in Russia for the first time this year through MEGA shopping centres, include Violeta by Mango already present in five MEGA malls, Lefties the fashion brand owned by Inditex, opened in three IKEA Shopping Centres Russia malls in August, Penti, the leading Turkish fashion retailer launched in MEGA in July. US fashion retailer Forever 21 will open a flagship store in a Moscow MEGA mall in the coming months. Other international brands already…
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