Danish design store Flying Tiger Copenhagen will open its first store in Russia under MODI brand in Shopping and entertainment Complex ATRIUM
CBRE acted as the advisor of retail premises lease for the first store in Moscow by Danish design store Flying Tiger Copenhagen under MODI brand in Shopping and entertainment Complex ATRIUM.
The first lifestyle MODI store will be opened in autumn on the first floor of the Shopping Complex ATRIUM on the area of 168 sq. m. It is planned that the new retail chain will consist of over 200 stores by 2020.
Evgenia Prilutskaya, Senior Consultant, Moscow Retail Department, CBRE, said: "Flying Tiger Copenhagen retail chain is widely known in Europe, but in Russia, this niche was not occupied for a long time: there are many shops with very traditional souvenirs and gifts (such as, for example, Red Cube), as well as home products and accessories (Williams&Oliver). MODI sells gifts more for yourself rather, than for others – the funny and unusual things for your house, sports, study, leisure and everyday life that make you smile and buy something, that at first seems quite useless. This proves their concept of "emotional shopping". With the features of the concept focused on impulse demand, MODI store in the Shopping and entertainment Complex ATRIUM is ideally located on the flow to the movie theater and the new food court.”