Fashion Valley Adds Unique Luxury Stores to Strengthen Position as San Diego County's High Fashion Leader
- Simon Announces CH Carolina Herrera, Tourneau, Hermes,
Michael Kors and More -
SAN DIEGO, Sept. 19 /PRNewswire-FirstCall/ -- Simon Property Group, Inc.
(NYSE: SPG), the country's largest owner, developer and manager of high
quality retail real estate, announced today a wave of exciting tenants, almost
all of them completely new to San Diego County, that will be coming to Fashion
Valley. These new retailers position Fashion Valley as the unquestioned home
of luxury retail in San Diego.
Area residents and tourists will be able to shop at the following luxury
retailers in 2008, all of whom have chosen Fashion Valley to open their first
store in San Diego. These desirable locations include: Barney's New York COOP,
CH Carolina Herrera, Hermes, Jimmy Choo, Just Cavalli, M Missoni, Michael Kors
A great collection of trend leaders will also call Fashion Valley home in
2008. These stores include Anthropologie, H&M, Juicy Couture and True
"Today's announcement solidifies Fashion Valley's prominence in the San
Diego market," said Gary Lewis, executive vice president of leasing at Simon.
"We truly believe that the San Diego region need not be underserved in the
luxury market, and the great retailers who will be here in 2008 are an ideal
fit for our Fashion Valley customer who expects nothing less than
extraordinary merchandise and service."
"I just adore Southern California. Fashion Valley is fantastic," said
Carolina Herrera. "I love how you can walk around in the sun to see all the
other great shops. I cannot wait to open my own CH Carolina Herrera boutique
there." Fashion Valley's CH Carolina Herrera boutique, scheduled to open in
October, will have a warm and inviting atmosphere that features women's and
men's collections as well as an extensive accessory collection.
"We feel Fashion Valley is clearly the right entry point for Tourneau in
the San Diego market and is positioned correctly and that the results of the
center are spectacular," said Howard Levitt, president of Tourneau. Tourneau,
the foremost designer of luxury watches, plans to open on December 1 with
1,752 square feet of retail space.
Fashion Valley is a 1.7 million square feet super-regional shopping center
located in San Diego. Anchors include Neiman Marcus, Saks Fifth Avenue,
Nordstrom, Bloomingdale's, Macy's and JCPenney. Fashion Valley is one of only
three venues in the world with the combination of Neiman Marcus, Saks Fifth
Avenue, Nordstrom and Bloomingdale's. Fashion Valley's 18 million annual
shopper visits makes its following larger than the combined annual attendance
of San Diego destinations such as Sea World, Legoland, San Diego Padres, San
Diego Chargers, Del Mar Thoroughbred Club, The San Diego Zoo and Wild Animal
Simon Property Group, Inc. is an S&P 500 company and the largest public
U.S. real estate company. Simon is a fully integrated real estate company
which operates from five retail real estate platforms: regional malls, Premium
Outlet Centers(R), The Mills(R), community/lifestyle centers and international
properties. It currently owns or has an interest in 380 properties comprising
258 million square feet of gross leasable area in North America, Europe and
Asia. The Company is headquartered in Indianapolis, Indiana and employs more
than 5,000 people worldwide. Simon Property Group, Inc. is publicly traded on
the NYSE under the symbol SPG. For further information, visit the Company's
website at www.simon.com.
SOURCE Simon Property Group, Inc.
/CONTACT: Masa Liles, +1-619-297-3381, Les Morris, +1-317-263-7711, Julie
Walke, +1-858-729-9933, all for Simon Property Group, Inc. /