Tag Archives: Destination Retail

Does where you’re from Matter? It Does for Retailers Expanding Globally.

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More than 30 years ago a man named Tommy Hilfiger changed men’s apparel by modernizing the standard button-down shirt and chino pant into fitted and designed apparel. It hallmarked the movement of bringing classic “American cool” to the world, and today Tommy Hilfiger ranks as the top global retailer with stores in 94 percent of the top 140 cities around the world, according to JLL’s Destination Retail 2016 report. The report… Read More

Luxury Retailers Broaden Horizons to Target Urban U.S. Meccas

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The global luxury market continues to outpace expectations. Luxury spending exceeded €1 trillion last year largely driven by personal luxury good purchases. Americans were the second-largest group of luxury buyers behind the Chinese, making up nearly a quarter of the global luxury spend worldwide. But as Karl Lagerfeld famously said, “keep the best, forget the rest” and today’s luxury retailers are doing just that by selectively targeting 11 major U.S. cities… Read More

Retail Cross-Border Expansion is Rising in the Top 50 Global Cities

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Many say success is a journey, not a destination, but according to JLL’s latest report – the destination is everything. JLL’s Destination Retail report, which looks at the top cities worldwide for retailing, shows 50 major global cities have risen to the top of the list for mainstream, premium and luxury retailers’ expansions. While the list is dominated by cities in Asia Pacific, those in the Middle East are coming on… Read More