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Report: Retail Real Estate Will Stabilize Despite Hitting New Low

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Boston—Colliers International, a leading global real estate services firm, released its annual report on retail real estate trends showing new retail construction will hit a 25 year low in 2010. However, according to Colliers’ 2010 Retail Trends & Opportunities report, retail vacancies will stabilize in many markets. “We aren’t out …

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Michael Kors to Open Boutique in Tokyo

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TOKYO–Michael Kors will open its first 1,400-square-feet boutique on Tokyo’s upscale Omotesando Avenue this September partnering with local Toshiaki Tashiro. Carrying Michael Kors’ fragrances and accessories, including handbags, shoes, eyewear and watches in his signature lifestyle concept store, the Omotesando shop will be followed by shop-in-shops in department stores in …