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Bloomberg News – A global mall that opened in 1997 has lost nearly two thirds of its annual revenue since its inception.
The mall in Copenhagen, Denmark, which opened in July 1997, is the world-renowned mall of its day and has generated more than $2 billion in annual sales for Danish authorities.
It has also become an anchor of Copenhagen’s downtown, a hub for commerce, culture and tourism.
The Danish mall’s woes began when the Danish government imposed a tax on its sales in 2014 and 2015.
Its sales fell by 40 percent to $1.5 billion last year, according to a study by the National Centre for Public Opinion Research (NRIC).
NRIC said the decline was the biggest decline in the Danish mall industry in more than five years.
It said that despite the tax, the Danish retailer had managed to grow its sales by more than 60 percent in the last five years and has more than doubled its profits since it opened in 2015.
In the past five years, the mall has lost about $2.4 billion.
The NRIC report said that the Danish chain’s business model has changed in recent years.
In 2012, it was founded by a former sales manager and the company has expanded into other categories, including luxury goods and consumer goods.
The Danish retailer has been the target of an aggressive campaign by the government, which is trying to shut it down.
The government has launched an investigation and is looking for people who were at the Danish store at the time of the tax crackdown.
The NRIC study said that during the past six months, authorities arrested more than 500 people for selling products in the mall.
In a statement, the NRIC called on Danish authorities to allow the mall to return to its former glory.
“The mall is a symbol of Copenhagen, a city that is synonymous with shopping and innovation,” the NRIB said.
“It is the jewel of Copenhagen.
This is why the government should allow it to return and the public can enjoy it again.”