The owner of London’s Westfield shopping centres said on Wednesday it would massively trim down its US presence and complete a remaining €3.2 billion-worth of European asset disposals before the end of 2022.
French billionaire Xavier Niel has teamed up with Unibail-Rodamco-Westfield's former boss to oppose the shopping mall group's planned €3.5 billion ($4.10 billion) rights issue, lifting the firm's shares.
Due to the health protection measures prompted by the Covid-19 crisis, the benchmark textile sourcing show scheduled on September 15-16 has been forced to cancel its physical edition, replacing it with a digital one.
Europe's largest property firm Unibail-Rodamco-Westfield posted a 14.2% like-for-like decline in H1 net rental income on Wednesday after malls were forced to close during Covid-19 lockdowns, but shoppers are returning.
Spanish artificial intelligence retail specialist Nextail has been a named a 2020 Technology Pioneer by the World Economic Forum for its “contribution towards driving responsible models of consumption”.