SouthPark adding 5 new stores as ownership group sees increased occuopancy at malls

CHARLOTTE, N.C. (QUEEN CITY NEWS) – SouthPark Mall is announcing several new retailers to its lineup of stores and services.

The new stores at the mall owned by Simon Property Group are said to be unique to the Carolinas and set to open throughout 2024. Once each opens, SouthPark will be comprised of 55 percent brands unique to Charlotte, 37 percent unique to North Carolina and 33 percent unique to the Carolinas.

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The coming-soon retailers and restaurants include:

  • Bally, a Swiss luxury brand of shoes and accessories, is set for the space across from David Yurman.

  • Diptyque, French perfumer, known for singular perfumes for the self and for the home, plus scented skincare products and decorative objects, will operate out of a new boutique in the luxury wing.

  • Vuori, which creates premium performance apparel, will open next to Sephora.

  • The mall is also welcoming the arrival of two prestigious watch brands, Tudor and Breitling. The Swiss-style Tudor will settle next to Fink’s Jewelers. Breitling, known for aviation legacy, will be in the fountain courtyard.

“This list of retailers showcases our commitment to providing unmatched quality and luxury, and we’re excited to welcome these new additions to our roster, elevating the overall experience our visitors expect and enjoy,” said Holly Roberson Van Cleave, director of marketing and business development at SouthPark Mall.

Mall representatives say two more stores and a restaurant will be announced at a later date.

The announcement comes just days after Simon released its earnings from the fourth quarter of 2023. David Simon, the chairman and chief executive, called industry’s busiest stretch an “excellent” period for the company. It also owns the Concord Mills mall.

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According to the report, Simon’s net income attributable to common stockholders rose 11 percent compared to the same quarter in 2022.

Further, as brick-and-mortar retail is facing challenges, the group’s store occupancy reached 95.8 percent on Dec. 31, 2023, compared to 94.9 percent the year before.

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