McArthurGlen Group is a privately-owned and founder-led company known for developing and managing designer outlet malls.

Background

McArthurGlen Group specialises in developing, owning, and managing

factory outlet An outlet store, factory outlet or factory store is a brick and mortar or online store where manufacturers sell their merchandise directly to the public. Products at outlet stores are usually sold at reduced prices compared to regular stores due ...

shopping centres across Europe and Canada. Essentially, they create large-scale retail environments where luxury, designer, and premium brands can sell their products at discounted prices. Following a $180 million share issue in 1993 it became McArthur/Glen Group. McArthurGlen UK Ltd was also set up in 1993, based in

London London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Wester ...

and managing designer shopping outlets across

North America North America is a continent in the Northern Hemisphere, Northern and Western Hemisphere, Western hemispheres. North America is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South Ameri ...

, the

United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Northwestern Europe, off the coast of European mainland, the continental mainland. It comprises England, Scotlan ...

, and

Western Europe Western Europe is the western region of Europe. The region's extent varies depending on context. The concept of "the West" appeared in Europe in juxtaposition to "the East" and originally applied to the Western half of the ancient Mediterranean ...

. While the company was founded by J.W. "Joey" Kaempfer in 1993 and remains privately-owned and founder-led, there's a significant joint venture with a major publicly traded real estate entity Since 2013, McArthurGlen has been a joint venture between the Kaempfer Partners and

Simon Property Group Simon Property Group, Inc. is an American real estate investment trust that invests in shopping malls, outlet centers, and community/lifestyle centers. It is the largest owner of shopping malls in the United States and is headquartered in Indian ...

. In essence, while the overarching McArthurGlen Group is privately held and founder-led, its expansion and specific projects often involve partnerships with significant institutional investors and other real estate developers, and its strategic alliance with a publicly traded company like Simon Property Group provides a link to public markets. On July 9, 2015, McArthurGlen opened its first outlet in North America at Vancouver Airport.

Locations

North America

United Kingdom

Sites in the UK:

Continental Europe

Former

References

Citations

External links

McArthurGlen Designer Outlets

McArthurGlen Group

About McArthurGlen Designer Outlets
{{DEFAULTSORT:Mcarthurglen Group Shopping centres in the United Kingdom Outlet malls in England