Opinions expressed by Forbes Contributors are their own. I write on the latest trends in malls and shopping centers. Luxury retail is making a surprising comeback, but this time in an unexpected ...
Luxury brands did not shy away from opening in malls. In fact, luxury accounted for 38% of new store openings and almost 40% of overall luxury retail leasing in the past year. Luxury brand ...
"With rapid urban expansion and an increasing middle-class population, shopping malls became an essential need rather than a luxury." Pakistan's major cities now have multiple malls, but there is ...
Simon Property Group bought 100 percent of Kering ’s The Mall Luxury Outlets, which it established in 2001. The Mall operates two outlet centers in Italy — one near Florence in Leccio and another on ...
Driven by short-term pessimism, luxury shopping malls in China have begun to hand out shopping vouchers in a bid to bump up ...
To celebrate the official entry of global luxury brands, Lotte On will hold the "Luxury Showroom Week" event from February 1 to February 7. During the event, customers using the Luxury Showroom will ...
The company has an impressive tenant register of luxury brands such as LVMH, Chanel, and Hermes, helping to position its malls toward luxury retail. We are positive on this positioning as it helps ...