European Fashion Heading to American Shopping Centers

NEW YORK CITY-Retail Group of America announced from its headquarters here Tuesday that it has executed a 52-store lease package with Pyramid Management Group, which calls itself the largest privately owned developer of shopping centers in the Northeast. The leases are for specialty French, Spanish, German and British fashion brands that are new concepts to the United States.

Launching on both coasts, RGA plans to build a strong presence in major shopping malls nationwide, according to the announcement. Through aggressive acquisition efforts, Retail Group of America plans to further expand by bringing upwards of 11 European brands to the U.S. throughout 2013.