Nine young retailers are coming together under one roof in New York to test a new, smaller-format mall, as the industry experiments with ways to draw in shoppers. The space, called HiO, opens this week inside Acadia Realty’s City Point shopping complex in downtown Brooklyn. It will include eight international retailers, some of which are entering the U.S. for the first time with this location: women’s accessories line Parfois, travel items by Campo Marzio, sunglasses brand Hawkers, soap and cosmetics by Compagnie de Provence, embroidered bags by Emma Lomax, spa line L:A Bruket, candles and oil diffusers by Skandinavisk, and notebook line Moleskine. Makeup brand Winky Lux, which already has a presence in the U.S. and started in New York, will also be there. Read more at CNBC.