At Harper Dennis Hobbs (HDH) we are proud to have been part of MAPIC 2017 – the annual international retail real estate market. With more than 8,500 delegates from 80 countries gathered in Cannes last week for MAPIC, it brought together 2,100 retailers, 2,500 developers and 1,000 investors.
Here at HDH we came back with a very positive sentiment about the retail sector from MAPIC this year. Below are the views of some of our experts who were at the stand this year.
- Andrew Bathurst – Head of International Retail: “MAPIC 2017 was another great event for HDH. In our second year of exhibiting we had a strong team of 20 and a stand that was always full with meetings. The tone was positive, the so called death of the shopping centre or high street is totally overblown and there are many expansion minded innovative brands who want to do business across Europe and beyond. Our HDH dinner is a major highlight of MAPIC and we entertained around 50 guests from some of Europe’s most interesting retail groups.”
- John Corlett – Associate Director- International Retail: “This was a positive MAPIC with plenty of optimism shown towards the HDH client base from international landlords and agencies alike. A key takeaway would be Rapha winning the best new retail concept award, a resounding success and testament to the quality of retailers that HDH represent. Rapha in particular have expansion plans across Europe, the USA and Asia-Pacific, demonstrating their confidence in bricks and mortar on an international scale.”
- Simon Black – Head of Travel Retail: “MAPIC 2017 further confirmed that travel retail is an increasingly important channel for retailers in terms of developing international brand awareness and investing in the huge growth sector that is the sixth continent of retail.”
- Tim Newman – Executive Director – UK Retail: “My take away was very much one of positivity. Retailers continue to introduce new concepts/formats/collections that can and do inspire their customers. That leads to sales growth and then to expansion. Keep that magic formula going and we can help our clients build great businesses. We need to also look out for the next generation of retail inspirers and innovators.”
We are happy to conclude by saying that the retail vibe is NOT “doom and gloom” and this was evidenced by the high attendance at MAPIC this year where the delegates were present with a vision for generating potential new business and expanding.