Access key retailer activity dynamics.
Economic and Consumer Trends:
Despite economic challenges, economic growth remains positive, supported by decreasing inflation and a resurgence in consumer confidence. Tourism also shows signs of recovery, with an increase in arrivals of intra-European and American travelers.
Perspectives:
Economic outlooks are improving, but risks persist, making the recovery still fragile. Retailers should continue to focus on key locations, with upward pressure on rents. Omnichannel and innovation remain at the heart of retail strategies.
Trends to Watch:
Retailers of various products are experiencing sustained growth, while collaborations with artists and musicians are emerging as effective strategies to enhance brand engagement.
Stay informed about the latest trends and perspectives in the European retail market with Cushman & Wakefield's comprehensive "Retail Radar" report for the second quarter of 2023.
