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French focus for global retail – Anika Michalowska

France is one of the most international retail markets in the world and its global presence is increasing.

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French focus for global retail

France is the third-ranking country in the world in terms of direct foreign investment and the second in Europe for foreign investment.

“Because it is a mature market, France has the biggest potential for the mab group,” says Marc Vaquier, CEO of Mab Development France.

Mab Development plans to open the 40,000 sq m Grand Arena shopping centre in Bordeaux Floirac and has signed a joint venture with Neinver to develop factory outlets in France and Germany.

Two such projects are being developed in France: Honfleur the Style Outlets in Normandy and Roppenheim The Style Outlets in Alsace. “I think there is room in France for five to six more factory outlets centres,” Vaquier says.

Click here to read the full article in MAPIC Special France 2010, page 19.

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