McArthurGlen appoints new Group Managing Director of Leasing

Designer outlet group McArthurGlen, has announced the promotion of Nick Brady to Group Managing Director of Leasing.

In this role, Brady will be responsible for overseeing all brand acquisition and asset management for the Group’s 25 designer outlets across Europe and in Canada.

With over 13 years’ experience at McArthurGlen, he has worked with many of the Group’s brand partners to develop their outlet businesses.

He will also coordinate the leasing strategy for McArthurGlen’s entire portfolio which generates €4.5 billion in annual sales and comprises 675,000 square metres of gross leasable area, along with a development pipeline that will deliver an additional 90,000 square metres of retail space.

Brady takes the reins at a time when the outlet sector continues to show resiliency and encouraging performance against the backdrop of a challenging new retail landscape.

In the second half of 2020, McArthurGlen opened a number of new luxury brand partners across its portfolio, including the world’s first outlet store for Off-White in Serravalle, as well as the company’s first-ever boutiques for Givenchy and Celine.

Susie McCabe, Co-CEO of McArthurGlen, commented: “The deep knowledge, passion and expertise that Nick has brought to McArthurGlen over the past 13 years has played a major role in our growth to becoming Europe’s leading designer outlet group.

“Together with his exceptional managerial skills, Nick’s first-class experience working with some of the world’s largest and most sought-after consumer brands makes him the ideal person to lead our leasing activities as we prepare our business for the future.”

The Group is gearing up to open its seventh UK centre, McArthurGlen Designer Outlet West Midlands, which is a joint venture between McArthurGlen, Aviva Investors and The Richardsons.

Located just 30 minutes from Birmingham, the centre is to open in the next few months and will feature brands including Tommy Hilfiger, Reiss, Ted Baker, Calvin Klein, Adidas and Skechers.