The mining giant also wants to offload its platinum business as part of an overhaul designed to “unlock significant value.”
A Canadian Mall Is Literally Becoming a Circus
Cirque du Soleil is opening what it is billing as a “family entertainment center” in a Toronto-area mall this fall.
Montreal--Step right up and see the latest effort to lure shoppers to the mall.
Cirque du Soleil, the performance troupe behind shows such as “O” and “The Beatles Love,” announced last week that it is expanding into malls with what it is billing as “family entertainment centers,” spaces where members of the public can participate in Cirque du Soleil-inspired activities like bungee jumping, trampolines, juggling and mask design.
Called “Creactive”—a mashup of the words creation, creative, create and active—the centers are based on what Cirque du Soleil already has at the Club Med resorts in the Dominican Republic and Opio, France, but are geared toward families and open year-round.
The centers will occupy spaces that are approximately 24,000 square feet.
The first mall-based Creactive space is set to open in September at a not-yet-disclosed Toronto-area shopping center owned by global real estate firm Ivanhoé Cambridge.
Ivanhoé owns shopping centers in Canada, Brazil, China and Germany, including the Outlet Collection at Niagara, the Montreal Eaton Center, the Wilmersdorfer Arcaden in Berlin, and the Downtown development in Rio de Janeiro. It is a subsidiary of Caisse de dépôt et placement du Québec, the Canadian investment firm that also has a minority stake in Cirque du Soleil.
Although Ivanhoé does not own any shopping centers in the United States, a Cirque du Soleil spokeswoman said Tuesday that the entertainment troupe is in discussions with other partners about opening family entertainment centers in international markets, like the U.S.
She said the company hopes to confirm these partnerships soon.
The entrance of a Cirque du Soleil experience into the mall space is the latest in a series of efforts to pump life into malls by expanding beyond just shopping—which has become increasingly easy to do online—to offer food, entertainment and fitness options.
In a press release announcing Creactive, Claude Sirois, president of retail at Ivanhoe Cambridge, acknowledged as much, stating: “Creactive is perfectly aligned with our vision for our future of retail: to join forces with the right partners to offer innovative experiences … This collaboration is a terrific illustration of our efforts to transform the retail experience for our discerning guests.”
The Latest
Christie's is selling one of the diamonds, moving forward with its Geneva jewelry auction despite the cyberattack that took down its website.
Retailers can customize and print the appraisal brochures from their store.
Despite the rising prices, consumers continue to seek out the precious metal.
The move follows a price-drop test run in Q4 and comes with the addition of a “quality assurance card” from GIA for some loose diamonds.
The site has been down since Thursday evening, just ahead of its spring auctions.
The late former U.S. Secretary’s collection went for quadruple the sale’s pre-sale estimate.
Tradeshow risks are real. Get tips to protect yourself before, during and after and gain safety and security awareness for your business.
Three fifth graders’ winning designs were turned into custom jewelry pieces in time for Mother’s Day.
Kimberly Adams Russell is taking over the role from her father, David Adams, marking the third generation to hold the title.
As a token of womanhood, this necklace depicts when Venus was born from the sea.
Show your mother some love with a piece of fine jewelry.
The company’s Easton location will remain open.
Brian D. Fleming of Carla Corporation was elected to serve a one-year term in the role.
Sponsored by the Las Vegas Antique Jewelry and Watch Show
Tobak, author of “Ice Cold: A Hip-Hop Jewelry History,” shares how the exhibition came to be, and the pieces people may be surprised to see.
Stars adorned themselves in emeralds, platinum, and myriad bird motifs, writes Associate Editor Natalie Francisco.
M.S. Rau is set to open a seasonal gallery in the high-end resort town early next month.
The branded jewelry market is thriving, said Richemont Chairman Johann Rupert.
The six designers, all participants in the show’s Diversity Action Council mentorship program, will exhibit in Salon 634.
The highlight of his collection is the coveted Patek Philippe Grandmaster Chime, which could sell for up to $5 million.
The “Venetian Link” series modernizes the classic Veneziana box chain in its bracelets and necklaces.
The Seymour & Evelyn Holtzman Bench Scholarship will provide tuition assistance to two low-income students.
The Swiss watchmaker said the company’s plans to use a new version of the Hallmark crown on jewelry would confuse consumers.
The executive talked about the importance of self-purchasers and how fuel cell electric vehicles are going to fuel demand for platinum.
The Indian jeweler’s new store in Naperville, Illinois marks its 350th location, part of its ongoing global expansion plans.
It will award a graduating high school student with about $10,000 toward a GIA diploma and an internship with the Seattle-based jeweler.