SIMON SUSTAINABILITY REPORT 2022
SET UP STRONG PARTNERSHIPS FOR RETAILERS In 2022, Simon set up a partnership with Leap, the retail platform for modern brands. Both Simon and Leap are focused on helping brands, especially those that are digitally native, expand as omnichannel retailers. This partnership will start with four stores across California and Florida, including True Classic Tees at Los Angeles’ Del Amo Fashion Center ® and ThirdLove, Sugarfina, and Goodlife at Florida’s Town Center at Boca Raton. ® The collaboration with Leap allows Simon to introduce growing brands to the value of brick-and-mortar retail, a pivotal time where stores are top of mind with almost every brand growing in the U.S. The speed and nimbleness of the Leap model supports streamlining the expansion process in multiple centers. Simon and Leap have years of experience in helping brands select top, data- driven locations for their business. This level of expertise and collaboration is unprecedented and invaluable, particularly as retailers recognize the need to be omnichannel and look to open brick-and-mortar locations around the country. The partnership between Simon and Leap is a true example of how Simon aims to team up with innovative partners to support their retailers. Simon has a longstanding commitment to sustainability, and this partnership reinforces that commitment. The platform supports retailers by providing more data and insights with less overhead, resulting in customers and sales.
We’re thrilled to be expanding our footprint with Simon. The team invested in our Series B raise, and now, we’re pooling our competitive advantages and data-driven approach to deploy the next generation of brands in prime shopping centers across the country. This collaboration, in addition to opening physical stores, is also enabling brands to rapidly build and scale an omnichannel retail presence. Amish Tolia Co-founder and Co-CEO at Leap
Our retail expansion wouldn’t be possible without the Leap platform, so the fact that Leap is working with Simon makes us even more excited for the future of our brand.
Andrew Codispoti Co-CEO at Goodlife
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CREATING SUSTAINABLE CENTERS
COMMUNITIES
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ENVIRONMENT
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APPENDIX
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