Mango eyes China for aggressive growth
Barcelona, Spain Spanish apparel retailer Mango said Friday it plans to add up to 220 stores in China in 2011, as it seeks to more than triple the proportion of sales it gets from the country in the next three years.
The company will aim to add one outlet about every day-and-a-half to its 100 stores in the country, Isak Halfon, Mango’s expansion director, told Bloomberg. About 10% of sales will come from China by 2013, up from 3% now, he said.
“China is growing incredibly fast and has the most potential for store openings,” Halfon said, adding that at least 200 Mango outlets will open there next year.
Mango opened its first store in the country in 2002 and created a distribution hub in Shanghai in 2006.
The retailer operates 1,600 stores, of which about 60% are franchises.
Tivoli Village names marketing manager
Las Vegas Tivoli Village at Queensridge, a mixed-use urban lifestyle development opening March 2011 in Las Vegas, has named Tonia Chafetz manager of specialty retail & marketing.
Chafetz will oversee sales, advertising, marketing, public relations and branding strategies for Tivoli Village. In addition, she will develop and launch a specialty retail program.
Prior to joining the team at Tivoli Village, she was manager of strategic partnerships for General Growth Properties.
Freshii signs first Philadelphia region lease
Plymouth Meeting, Pa. Fameco Real Estate, L.P. said Wednesday that Freshii has signed its first area lease for 1,200 sq. ft. at The Residences at the Ritz, in Philadelphia.
The Toronto, Canada-based eaterie, which focuses on organic fast-food alternatives, currently operates 60 stores in 18 cities.
Fameco’s Brandon Famous and Marc Mandel are spearheading Freshii’s store rollout in the Delaware Valley. “The Residences at the Ritz is a great flagship location for Freshii,” said Mandel. “It’s a very prominent location across from City Hall with a solid mix of pedestrian traffic from the office population, to tourists to local residents.”
Freshii expects to roll out as many as 10 new stores in 2011. Stores range in size from 150 sq. ft. to 1,500 sq. ft.