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Soft Surroundings Pampers Customers
At a time when many retailers are cutting back on store expansion, Soft Surroundings is doing just the opposite, growing its retail footprint with a prototype that brings its brand experience to life. The women’s lifestyle brand, founded in 1998 as a catalog retailer, opened its first store in 2005. But it’s only been in the past couple of years that Soft Surroundings, which also has a thriving online business, has made a big push into brick-and-mortar. (In summer 2013, private equity firm Brentwood Associates took a majority interest — 55% — in the firm.)
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CBRE hires international urban and high street retail expert
Los Angeles -- CBRE Group announced that Andrew Turf, a high street luxury retail real estate expert, will join the company’s Retail Services team as senior VP. Turf will also act as tenant representative on the West Coast and beyond and collaborate with capital markets teams on a variety of real estate projects.