Value Retail news and archive

LVMH-owned L Catterton snaps up Value Retail stake for 1.5 billion pounds

A newly formed company under the banner of private equity firm L Catterton has snapped up a stake in Value Retail, the owner of UK retail destinations like Bicester Village, which had formerly been held by British property firm Hammerson. The deal, which will see Value Retail transferred to Silver Bidco Limited, a Jersey incorporated firm...

Retail

Value retailers see increase in footfall

In 2023, the fashion industry encountered challenges ranging from high prices to evolving workplace attire. Despite these headwinds, certain segments, particularly off-price and thrift stores, experienced significant growth as consumers shifted towards more economical choices, according to data release by Placer.ai. The overall fashion category...

Retail

Value Retail opens outpost in Shanghai

New York - A new property from European discount shopping conglomerate Value Retail has opened near Disney's 6 billion Shanghai amusement park in Mainland China. This is the second Value Retail chain in Mainland China after the opening of a Suzhou Village store in 2014. The 592,000-square-foot Shanghai Village features 140 designer brand...