Word: minihane
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Dates: during 2000-2009
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...vision, millions of Europeans can comfortably shop at places like the Parndorf Designer Outlet, east of Vienna, just as they can in Michigan or New Jersey, for huge savings on brand names like Nike and Gap. "BAA McArthurGlen is the pioneer of pan-European outlet shopping," says Clive Minihan, director of the Credo Group, a developer of retail and new-media business in London. Pioneering has paid off. BAA McArthurGlen has grown from scratch to a sizable (revenues of $472.3 million in the fiscal year ending March 31) behemoth that must now contend with upstart rivals trying to match...