In 2023, the total supply of quality retail space has been supplemented by two new facilities – SEC Ecopark along with interior and exhibition centre MÖBELBURG, as well as the second phase of SC Parnas City (GLA 1,200 sq m).

In the midst of major foreign retailers curbing their presence in the market, dynamic expansion of Russian players continues. Befree, Love Republic, sela, Zarina, Gloria Jeans, Henderson, Lime, Mascotte, Ralf Ringer, Stockmann and Snow Queen have been among the most aggressively expanding tenants in 2023 in terms of new openings, space enlargement and conceptual renewal. In the meantime, the number of multi-brand stores (Amazing Red, Bootwood, Pun Club, SneakerBox, Trendzone and others) keeps growing.

In the midst of major foreign retailers curbing their presence in the market, dynamic expansion of Russian players continues. Befree, Love Republic, sela, Zarina, Gloria Jeans, Henderson, Lime, Mascotte, Ralf Ringer, Stockmann and Snow Queen have been among the most aggressively expanding tenants in 2023 in terms of new openings, space enlargement and conceptual renewal. In the meantime, the number of multi-brand stores (Amazing Red, Bootwood, Pun Club, SneakerBox, Trendzone and others) keeps growing.

In the meantime, the consumer behavioral pattern, oriented towards thriftier spending, has strengthened the position of discounters and chain fashion brands in the low price category.

In 2023, the St. Petersburg market saw 24 new brands entering it. Noteworthy among the foreign fashion retailers who opened their stores in shopping malls are 2XU (Australia), AVVA, Beymen Club, Loft, Mudo, OXXO (Turkey), Plein Sport (Germany), Replay (Italy), Woolrich (USA). Among the Russian players that have made their appearance are Just Clothes, IDOL, GLVR, Lamoda Sport, Noun and others.