Simon Property Group Targets Fashion-Conscious, Budget-Savvy Consumers With Simon Fashion Now(TM)

  

Simon Property Group Targets Fashion-Conscious, Budget-Savvy Consumers With Simon Fashion Now(TM)

Nation's largest public real estate company draws big crowds and boosts sales with free fashion shows, interactive events and retailer demonstrations INDIANAPOLIS, Sept. 10 /PRNewswire-FirstCall/ -- Consumers are always looking for an enhanced shopping experience and once again this fall Simon Property Group, Inc. (NYSE: SPG) delivers with Simon Fashion Now(TM), a free, high-energy celebration of style at all price ranges coming to six premier shopping centers.
Runway shows, which feature production values similar to the famous fashion industry shows, will take place at signature Simon properties from coast-to-coast. However, unlike the industry shows, where the styles shown on the runway are not available for several months, the latest men and women's fashions at Simon Fashion Now(TM) can be immediately found at retailers within the mall. Thousands of visitors are expected to attend the free Simon Fashion Now(TM) events across the nation this fall.
"We are bringing the drama and appeal of a runway fashion show experience to our style-minded yet budget-savvy consumers, as well as showcasing the impressive array of products offered by our retailers," said Shari Simon, senior vice president of corporate marketing. "Since we feature fashion at a variety of price points, no consumer group is excluded."

Retailers like Simon Fashion Now(TM) because it creates a sense of excitement in the mall and spurs sales. "We are so thrilled to be participating in Simon Fashion Now(TM) for the third consecutive season," says Paul Marciano Vice Chairman and CEO of GUESS? Inc. "The fashion show is a great way to showcase the newest collections, and the amount of traffic it drives into our stores is phenomenal."
Indeed, the strong retailer and sponsor participation, even in challenging economic times, is a reflection of the popularity and appeal of Simon Fashion Now(TM).
Consumers like Simon Fashion Now(TM) because they get an instant tutorial on what's hot for the coming season. "Everyone loves fashion, but not everyone knows how to put an outfit together," says Houston-based style critic Clifford Pugh. "The beauty of Simon Fashion Now(TM) is that it offers lots of new ideas. And it's all instantly accessible."
While participating retailers will vary in each Simon Fashion Now(TM) market, shoppers can expect to see an abundance of styles for men and women ranging from everyday wear to sophisticated evening looks.
"We have an extraordinary shopping and style experience lined up for this season's Simon Fashion Now(TM), enabling our shoppers to get an up-close, multi-faceted look into this exciting world without leaving their hometowns," said Jacque Ellis, assistant vice president of corporate special events at Simon.
In addition to the fashion shows, experts will offer advice and insight into the latest cosmetic trends, highlight the newest accessories, and offer tips on sprucing up a wardrobe without busting a budget. Several stops will include private events and receptions featuring local non-profits like Dress For Success(R) and Susan G. Komen for the Cure(R).

Simon Fashion Now(TM) has also expanded to Facebook, with the launch of an official "fan" page, which details information about the runway fashion shows and events at each participating property. Additionally, contests, images and fashion-focused articles are posted on Facebook to enhance fan interaction. To find Simon Fashion Now(TM) on Facebook, visit http://www.facebook.com/SimonFashionNow.
"With the launch of the Simon Fashion Now(TM) Facebook page, we can create an immediate dialogue about exclusive event updates like special guest appearances and entertainers, local contests and more, all while expanding our online presence through a relevant social networking medium," Simon said.
Fall 2009 Simon Fashion Now(TM) stops include:

-- Fashion Valley -- San Diego, CA                September 11-12
    -- The Galleria -- Houston, TX                    September 17-19
    -- Burlington Mall -- Burlington, MA              October 3
    -- Roosevelt Field -- Garden City, NY             October 9-10
    -- Town Center at Boca Raton -- Boca Raton, FL    October 16-17
    -- SouthPark -- Charlotte, NC                     October 23-24

Simon Property Group Sells $500 Million of 5-Year Senior Notes

  

Simon Property Group Sells $500 Million of 5-Year Senior Notes

INDIANAPOLIS, Aug. 6 /PRNewswire-FirstCall/ -- Simon Property Group, Inc. (NYSE: SPG) announced today that its majority-owned partnership subsidiary, Simon Property Group, L.P., has agreed to sell $500 million aggregate principal amount of its 6.75% senior unsecured notes due 2014 in an underwritten offering through Citigroup Global Markets Inc., Deutsche Bank Securities Inc., Goldman, Sachs & Co., and UBS Securities LLC, as joint book-running managers. The notes were priced at 105.029% of the principal amount plus accrued interest from May 15, 2009 to yield 5.46% to maturity. The offering is expected to close on August 11, 2009.

Today's issue is a re-opening of the 6.75% notes due 2014 issued on May 15, 2009. Upon closing, there will be $1.1 billion of this series of senior notes outstanding.

Simon Property Group, L.P. intends to use the net proceeds of the offering for general business purposes.
Copies of the prospectus and prospectus supplement may be obtained from Citigroup Global Markets Inc., toll-free at 1-877-858-5407; Deutsche Bank Securities Inc., toll-free at 1-800-503-4611; Goldman, Sachs & Co., 85 Broad Street, New York, NY 10004, Attention: Prospectus Department, toll-free at 1-866-471-2526; or UBS Securities LLC, 299 Park Avenue, New York, New York 10171, Attention: Prospectus Department, toll-free at 1-877-827-6444, ext. 561-3884.

This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction to any person to whom it is unlawful to make such offer or solicitation in such jurisdiction.