Latest Westfield Group (WEFIF) Headlines
Westfield Labs and eBay Inc. Partner With Sony, TOMS and Rebecca Minkoff to Launch Digital Storefronts in San Francisco
Business Wire - Thu Nov 21, 8:00AM CST
Westfield Labs, an entity of the Westfield Group (ASX: WDC), today unveiled its first partnership pilot with eBay Inc. (NASDAQ: EBAY) that unites the power of mobile and online shopping with the physical retail world. Westfield Labs and eBay Inc. are introducing three digital storefronts - a new shopping experience - just in time for the holiday season. At Westfield San Francisco Centre, people can touch and interact with digital storefronts for Sony, TOMS and Rebecca Minkoff to select and purchase over 100 products.
Starwood Capital Group Completes $1.6B Acquisition of Seven Dominant Regional Malls From Westfield Group
PR Newswire - Mon Nov 18, 7:09AM CST
Starwood Capital Group, a leading private investment firm, announced today that it has completed, through a controlled affiliate, the acquisition of a majority interest in seven regional malls in the U.S. from the Westfield Group. As previously disclosed, Westfield will maintain a 10% common equity interest in the properties.
Robin's Jean to Open Fifth Store in Garden State Plaza, NJ
PRWeb - Sat Oct 05, 5:01AM CDT
Luxury denim brand, Robin's Jean will open its fifth store in Garden State Plaza in Paramus, New Jersey. Designer and Owner, Robin Chretien selected this upscale location for the new luxury corner due to popular demand in the tri-state area. The 2,000 sq. ft. space will be featured in a prime location of the newly constructed wing and will include the brand's collection of jeans, jackets, tops, hats, and belts for men and women. Neighboring brands include Louis Vuitton and Gucci. This will be the first time the Robin's Jean will open in a mall rather than a freestanding flagship store.
Westfield Group's Peter Lowy to Deliver Commencement Address at UCLA Anderson
PR Newswire - Thu Mar 14, 3:53PM CDT
UCLA Anderson School of Management today announced that Peter Lowy, Co-Chief Executive Officer of Westfield Group, will address this year's MBA, Fully Employed MBA (FEMBA), and Ph.D. graduates. The graduation ceremony will take place on June 14, 2013, at 4:00 pm on Wilson Plaza at the UCLA campus.
Retail Property Operators in Australia Industry Market Research Report Now Updated by IBISWorld
PRWeb - Mon Jan 28, 9:35PM CST
Poor consumer confidence, fierce competition from online shopping and an oversupply of retail property are the challenges currently faced by retail property operators. The retail property market showed signs of improvement in 2010-11 after a soft period during the downturn in the Australian economy. However, retail conditions faltered somewhat in late 2011-12 as global economic uncertainty weighed on consumer spending, and this has continued into 2012-13. Industry revenue is estimated to rise 0.9% in 2012-13. According to IBISWorld industry analyst Tim Stephen, "while occupancy is good as a result of leasing incentives and low rental prices, property values are flat". IBISWorld estimates revenue for the Retail Property Operators industry will decline slightly over the five years through 2012-13, at a compound annual rate of 0.1% to reach $30 billion.
Westfield Labs and eBay Inc. Partner With Sony, TOMS and Rebecca Minkoff to Launch Digital Storefronts in San Francisco
Business Wire - Thu Nov 21, 8:00AM CST
Westfield Labs, an entity of the Westfield Group (ASX: WDC), today unveiled its first partnership pilot with eBay Inc. (NASDAQ: EBAY) that unites the power of mobile and online shopping with the physical retail world. Westfield Labs and eBay Inc. are introducing three digital storefronts - a new shopping experience - just in time for the holiday season. At Westfield San Francisco Centre, people can touch and interact with digital storefronts for Sony, TOMS and Rebecca Minkoff to select and purchase over 100 products.
Starwood Capital Group Completes $1.6B Acquisition of Seven Dominant Regional Malls From Westfield Group
PR Newswire - Mon Nov 18, 7:09AM CST
Starwood Capital Group, a leading private investment firm, announced today that it has completed, through a controlled affiliate, the acquisition of a majority interest in seven regional malls in the U.S. from the Westfield Group. As previously disclosed, Westfield will maintain a 10% common equity interest in the properties.
Robin's Jean to Open Fifth Store in Garden State Plaza, NJ
PRWeb - Sat Oct 05, 5:01AM CDT
Luxury denim brand, Robin's Jean will open its fifth store in Garden State Plaza in Paramus, New Jersey. Designer and Owner, Robin Chretien selected this upscale location for the new luxury corner due to popular demand in the tri-state area. The 2,000 sq. ft. space will be featured in a prime location of the newly constructed wing and will include the brand's collection of jeans, jackets, tops, hats, and belts for men and women. Neighboring brands include Louis Vuitton and Gucci. This will be the first time the Robin's Jean will open in a mall rather than a freestanding flagship store.
Westfield Group's Peter Lowy to Deliver Commencement Address at UCLA Anderson
PR Newswire - Thu Mar 14, 3:53PM CDT
UCLA Anderson School of Management today announced that Peter Lowy, Co-Chief Executive Officer of Westfield Group, will address this year's MBA, Fully Employed MBA (FEMBA), and Ph.D. graduates. The graduation ceremony will take place on June 14, 2013, at 4:00 pm on Wilson Plaza at the UCLA campus.
Retail Property Operators in Australia Industry Market Research Report Now Updated by IBISWorld
PRWeb - Mon Jan 28, 9:35PM CST
Poor consumer confidence, fierce competition from online shopping and an oversupply of retail property are the challenges currently faced by retail property operators. The retail property market showed signs of improvement in 2010-11 after a soft period during the downturn in the Australian economy. However, retail conditions faltered somewhat in late 2011-12 as global economic uncertainty weighed on consumer spending, and this has continued into 2012-13. Industry revenue is estimated to rise 0.9% in 2012-13. According to IBISWorld industry analyst Tim Stephen, "while occupancy is good as a result of leasing incentives and low rental prices, property values are flat". IBISWorld estimates revenue for the Retail Property Operators industry will decline slightly over the five years through 2012-13, at a compound annual rate of 0.1% to reach $30 billion.
