Simon Property Group

It’s Back! Simon’s third-annual National Outlet Shopping Day™ is only one week away. The event will be hosted at over 90 Simon Premium Outlets and Mills centers in the United States, Canada, Mexico, Thailand, Malaysia and Korea. The biggest outlet savings event of the year™ will feature exclusive savings, fantastic finds, and giveaways all weekend long from over 400+ brands. This program will, once again, drive traffic to our retailers and brands. Mark your calendars for June 8-9, 2024 and visit your nearest Simon Premium Outlets or Mills. https://bit.ly/3yChDjv #NationalOutletShoppingDay #NOSD #Simon #SimonPremiumOutlets #SimonMills #Savings #SimonInnovation #SimonRetailerMarketing

At Simon, our philosophy is to continually reinvest in our properties. By doing so, it raises the bar and sets the industry standard for premier shopping destinations in the U.S. In Houston, we are doing just that. We aren’t only revitalizing The Galleria, one of the nation’s largest shopping centers, we are also taking our luxury brands to new heights – literally expanding to the 2nd level. The transformation will begin this summer and is expected to be complete by early 2025 with interior and exterior enhancements and new retail boutiques. Many luxury brands have already expanded and enhanced their offerings to meet the consumer demand in the past 5 years. Gucci, which is currently expanding to a two-story concept; Louis Vuitton; FENDI and Saint Laurent doubled their footprints, and their renovated boutiques showcase new design prototypes in their respective retail spaces. With more than 70 market-exclusive brands, additional high-end retailers will make The Galleria home. Etro and Frette will join this iconic shopping and tourist destination soon. Read the full story in Chain Store Age: https://bit.ly/3UOySp6 #RealEstate #LuxuryRetail #ShopSimon

As reported in yesterday's WWD, Simon is making a significant reinvestment at Fashion Valley, to further redevelop the San Diego center into a mixed-use luxury destination. Fashion Valley will soon transform into a community unto itself with 850 multi-family luxury residences by AMLI Residential, a leader in luxury apartment living. Together, Simon and AMLI will deliver a vibrant, diverse and exclusive residential enclave featuring incomparable amenities and high-end finishes. This next phase in development is expected begin at the end of 2025 and is anticipated to be completed late 2026. Renowned for its curated collection of designer brands, Fashion Valley is welcoming three new, first-to-market luxury boutiques to its impressive lineup of luxury retailers. Coveted Italian and French fashion houses Christian Louboutin, Fendi and Celine will open their only San Diego locations at the center in the coming months. Read the full story written by David Moin in Women’s Wear Daily: https://bit.ly/3KgYCFD #LuxuryRetail #RealEstate #LuxuryLiving #ShopSimon

Simon® Reports First Quarter 2024 Results, Increases Full Year 2024 Guidance and Raises Quarterly Dividend. “We delivered strong results to start the year,” said David Simon, Chairman, Chief Executive Officer and President. “Leasing momentum and cash flow growth continued. We successfully sold our remaining investment in Authentic Brands Group, generating total gross proceeds of $1.45 billion, including the sale of a portion of our interest in the fourth quarter of 2023. Today, we raised our quarterly dividend and are increasing the mid-point of our full-year 2024 guidance.” Read the full release here: https://bit.ly/3Wxm09f

Exciting news! Simon's Digital OOH Media Network is expanding rapidly, now boasting the largest network of shopping center digital advertising inventory in the US, with 2,400+ screens delivering over 1 billion weekly impressions! We are also thrilled to add the Simon Food Hall Network and Simon TV Network to our Digital Ad Panel network and Digital Spectaculars. With unparalleled national scale and reach, we connect with highly engaged consumers across the nation. Discover more at https://bit.ly/4aUIZ2E. #Simon #DOOH #DigitalAdvertising

As reported in Women’s Wear Daily yesterday, the world-renowned Woodbury Common Premium Outlets is further elevating the shopping experience. A stunning new VIP Suite will be unveiled later this year. The elegant enclave will feature multiple private spaces with dressing rooms and an upscale lounge area where guests can explore the latest fashions from luxury brands in privacy and comfort. New retail offerings include David Yurman, Roberto Cavalli, Maison Margiela, Ladurée, BOGNER, Sferra, Bollicine Champagne Bar, Jil Sander, Eleventy, and Reformation among others. In addition, Arc'teryx, Tory Burch, Marc Jacobs and Golden Goose are all expanding their footprint at the center this year. These additions and expansions join 250 of the world’s most sought-after fashion brands, which continue to exceed expectations at Woodbury Common with Q4 2023 sales surpassing $375 million. A multi-year redevelopment to expand Woodbury Common Premium Outlets is advancing through the permits and entitlements process, and approvals are underway. The several hundred-million-dollar project will add 155,000 square feet of retail stores and restaurants, a 200-key luxury hotel, a second parking facility, and upgraded customer amenities. Read the full story by David Moin in Women’s Wear Daily: https://bit.ly/49TC9cn #Innovation #Future #RealEstate #Fashion

The Domain is thrilled to host Austin Fashion Week, the fourth largest fashion week concept in the U.S., and the largest fashion event in Texas. A three-day fashion extravaganza, happening April 18-20, this amazing event features 50 runway designers, pop-up shops, VIP perks and more! This is just one example of the more than 5,000 local events Simon centers host annually, connecting our retail partners and brands with the millions of consumers who make 2B visits to our centers. Learn more: https://bit.ly/3xhIosU #AustinFashionWeek #TheDomain #FashionForward #SimonMedia&Experiences

Check out this cool new store! ⬇️ We’re thrilled to welcome the first MACEOO location in our Simon portfolio to Dadeland Mall! MACEOO is the first fashion house to mathematically engineer precise design, fit, and comfort through an innovative algebraic algorithm. Based upon data from 30 million North American men, the proprietary algorithm ensures a fit that feels custom-tailored. #Simon #FirsttoMarket #MACEOO #RetailNews #Fashion

We're thrilled to announce the upcoming arrival of two more stellar additions to The Mall at Rockingham Park: the iconic lifestyle brand, Anthropologie, and the dynamic activewear line, FP Movement by Free People! With an impressive lineup boasting over 25 exclusive brands to the state, Mall at Rockingham Park continues to solidify its position as the ultimate destination for cutting-edge, First-To-Market brands in Tax-Free New Hampshire. #Simon #FirstToMarket #Leasing #Retail

Exciting Future Unfolding at Southdale Center! America's first mall is undergoing a revolutionary transformation. As reported in the Wall Street Journal over the weekend, Simon is turning Southdale Center in suburban Minneapolis into the epitome of the “mall of the future”. Over the last decade, Simon has been reshaping Southdale, introducing a diverse array of amenities beyond traditional shopping. Luxury apartments, a hotel, a Life Time resort-style fitness club and modern co-working space and RH Gallery & Restaurant are just the beginning. Building on the progressive, upscale transformation, the first group of luxury retailers was revealed and includes four high-profile newcomers to the Minneapolis/St. Paul market – Gucci, one of the world’s leading luxury brands; Moncler, a brand focused on new luxury with its origins in sports clothing; Max Mara, the forerunner of modern ready-to-wear women’s clothing; and globally renowned watchmaker Breitling. Also announced were British luxury icon Burberry, luxury watch stalwart Watches of Switzerland/Rolex, Coach, kate spade new york, and Tory Burch, joining Kowalski’s Market and upscale mini-golf concept, Puttshack, who are slated to open later this year. Read the full story here: https://on.wsj.com/4abMYah #Simon #RetailNews #Retail #Future #Realestate