In Prague, the Group has developed a 25,000 m² factory outlet centre in a joint venture with an international collaboration partner. The first phase opened in 2007, and the second and last phase opened in October 2010. In recent years, the Fashion Arena Outlet Center has truly distinguished itself as one of the outlet centres with the highest attraction value in Central Europe. Since the opening of the second phase, the outlet centre has recorded a highly positive development in footfall and revenue. The footfall slightly exceeded 2.2 million in 2012 compared to just over 1.9 million in 2011, and the outlet centre’s revenue increased by 24 % relative to 2011.
Major tenants: Tommy Hilfiger, Nike, Adidas, Benetton, Tom Tailor, Ecco, Gant, Lacoste, Levi Strauss & Co., Esprit.