The Fashion brands accounted for more than 40 percent of retail floor space leased across Europe. Other brands fast opening doors across the region include the French down-jacket retailer JOTT (Just Over the Top) and the U.S. sportswear retailer Lids.
Fashion also accounted for the largest share of leases for bigger spaces larger than 11,000 square feet in the period. While core retail sectors continue to dominate transactional activity, emerging trends are bringing new brands into the marketplace.
Health and beauty operators, particularly premium brands, were also highly acquisitive in the first half of 2023 with the volume of space transacted almost twice that of the corresponding period last year. Jo Malone, Aesop, Freshly Cosmetics, MAC and Space NK have been particularly active.