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PIP News Reel
DECEMBER 2009
  • 9.12.09 Carluccio's-reported 47% reduction in profits. Turnover rose 7.6%. Pretax profits fell from £5.6m to £3m (largely due to lease obligations). Has 45 sites. Hopes for 5 new sites in 2010.
  • 6.12.09 Amazon- to open High Street stores.
  • 19.12.09 Piaget-taking the Bulgari store at 169 Bond Street London. New rent record at £965 Zone A.
  • 1.12.09 Superdry-opening 2 outlet stores with McArthurGlen-Swindon and Cheshire Oaks.
  • The PIP newsreel is now available as a paid for service.  We add retail stories each month giving you an overview of retail and retail property news. If you would like to subscribe to this service please contact Michelle 0207 353 9597  michelle@piproperty.co.uk