Distributable earnings per share were 30.12 eurocents for the six months to 30 June 2024, 5.6% higher than in H1 2023. The Board has declared a dividend of 27.11 eurocents per share for H1 2024, corresponding to a 90% dividend pay-out ratio. The Group delivered a strong performance across all key metrics. Tenant sales were […]

The post NEPI ROCKCASTLE RAISES GUIDANCE FOR FULL YEAR EARNINGS GROWTH appeared first on ACROSS.

The shoe and leather goods specialist, which was sold for an undisclosed sum, now joins the Regent portfolio, which already includes brands such as Escada and Club Monaco. The latest creative direction, which has been in the hands of Creative Director Simone Bellotti since May 2023, will remain in place, according to an unidentified source […]

The post Escada owner takes over Bally appeared first on ACROSS.

According to a company spokesperson, the defect was quickly rectified. The company is in close contact with the affected tenants regarding the restoration of the space. URW is sticking to the current opening date. “We are looking forward to welcoming the city of Hamburg and all visitors and are continuing to work towards our opening […]

The post Überseequartier confronted with a new water damage but opening date remains appeared first on ACROSS.

In addition to the development of new locations and the modernization of existing restaurants, investments in green energy through photovoltaics and two-lane “McDrives” are also being considered, revealed Mario Federico, Managing Director of McDonald´s Germany, in an interview with the German “Focus”. The expansion is expected to create a total of 35,000 new jobs in […]

The post McDonald’s Plans Massive Expansion In Germany appeared first on ACROSS.

The company anticipates that the transformation and restructuring program will deliver an increase in EBITDA (incl. rent) of more than 20 million euros, predominantly impacting the years 2025 and 2026. Based on current planning, the overall cash outflow for the program is expected to total around 9 million euros. Also, with the change from adjusted […]

The post Mister Spex Closes All International Stores appeared first on ACROSS.

The Frasers Group surpassed the threshold of 10 percent of the voting rights attached to shares in Hugo Boss AG on July 17, and the threshold of 15 percent on July 22 and currently directly holds over 15 percent of Hugo Boss AG, the clothing group announced on Monday. Frasers Group continues to view its […]

The post Frasers Group Increases Its Stake In Hugo Boss appeared first on ACROSS.

The company is working on solutions for digitalizing, optimizing, and automating the complicated reverse logistics of post-consumer take-back, recycling, and processing, such as deposit return systems. The startup´s actions are centered on decarbonizing the whole waste value chain, from reducing waste volume, and optimal logistics to zero-emission environmentally friendly raw materials and products. For the […]

The post Maas Loop — Reuse What’s Good, Reduce What’s Not appeared first on ACROSS.

Opened on Aug. 8, the store showcases a range of ready-to-wear for men and women, accessories, bags, shoes and small leather goods. For Designer Outlet Roermond, the addition of an Alexander McQueen store means an additional strengthening of its luxury offering. For example, the outlet already has stores from Valentino, Isabel Marant, Gucci and Chloé, […]

The post Alexander McQueen Opens New Store At Designer Outlet Roermond appeared first on ACROSS.

“We cannot guarantee our consumers that their orders will arrive smoothly and on time, so we are suspending online orders from Turkey for the time being,” shared the company in a statement on its official Turkish website. While it was not specified which changes had triggered the move, recent Turkish regulatory changes involved lowering the cap […]

The post Nike Suspends Online Sales in Türkiye appeared first on ACROSS.

The study published in the journal “Resources, Conservation and Recycling” (Vol. 210, 107811) showed that by mapping the flow of returned products under sustainable and conventional management practices, and quantifying the full lifecycle impacts associated with returns, 22%-44% of returned products in the EU never reach another consumer. According to the study, 78% of returned […]

The post Returned Apparel In The EU Is Often Not Resold appeared first on ACROSS.