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APRIL
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Cover
Story
With
All the World Watching
VRN focuses on Europe and the UK in this issue, noting the important
role that outlet retailing has played in making the world a smaller
place. Why? Because the outlet distribution channel affords manufacturers
the ability to enter new markets with little stress or risk. The
formula must be working – outlet projects are opening all over
the globe and many more are on tap for the next few years.
 Park
City’s Olympic Outlet Diary
The management team of Charter Oak Partners’ gold-star project
in Utah gives VRN readers an exclusive day-by-day account of how
the 2002 Winter Olympics affected shopping at the 300,701-sf center.
Features
 Craig
Fortifies a Citadel
Craig Realty, awaiting closing on the purchase of Citadel Outlets
in City of Commerce, Calif., just nine miles from Los Angeles, has
already begun managing, remodeling, expanding, marketing and leasing
the 12-year-old project.
Ecko to open 75 stores
Ecko, a hip, rapidly growing apparel brand for young men and women,
is following in Candies’ shoes by forging an outlet-store partnership
with Designs, parent of Levi’s Outlet by Designs and Dockers
Outlet by Designs.
Saucony Up, Florsheim Down
While the outlet division of Saucony, an athletic footwear and apparel
maker, is working on a slimmed-down format that will feature a 50-50
blend of shoes and running clothes, Florsheim gave up the fight
on March 4 with Chapter 11 bankruptcy protection and the announcement
that it would close 85 percent of its 155 U.S. stores, including
an undisclosed number of outlet units.
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Esprit
and Kasper Face the Music
Apparel takes a double whammy as Esprit, the women’s and children’s
fashion apparel maker – and long-time outlet-chain operator
– is sold for $150 million with plans to close its 20 outlet
and 20 full-price stores; Kasper, manufacturer of a women’s
careerwear and operator of 66 outlet stores plus 30 Anne Klein outlet
units, has filed Chapter 11.
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