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Outlet centres outshining malls



Outlet malls are becoming increasingly popular, attracting high-end brand names that attract those with money to spend and opening closer to regular stores.
Alexander McQueen, the late British designer did not usually hang around discount malls, but his label opened its first store in the US at Riverside County a few days ago, Los Angeles Time says.

Along with McQueen, Belstaff, Helmut Lang and several others have launched their first North American stores in the same mall.

Although the discounts are nothing to write home about, but these malls are welcoming the high level brands and challenging full-price centres at the same time.

Luxury brands like Michael Kors use affordable pricing to challenge high-end competitors. However, more of the elite labels are entering the outlet tier level to fight for customer loyalty.

The centre draws around 10 million visitors each year and has seen record sales since the global recession. It has been ranked the best performing outlet in the state and ranks among the national top five.


More about shopping malls in the USA



DAY BEFORE YESTERDAY, USA:
The business of one of the most famous denim brands Levi's was estimated during the IPO at 6.6 billion dollars.
Mar 19, 2019, USA:
The largest mixed-used & retail project in the USA in the last 10 years has opened for visitors.
Mar 12, 2019, USA:
The large American supermarket chain has announced the start of cooperation with Planet Fitness.
Mar 4, 2019, USA:
GAP is spinning off Old Navy. The successful low-price apparel brand is becoming its own, separate company.
Feb 27, 2019, USA:
Tide has introduced a new on-demand dry cleaning concept and plans to open 2,000 retail outlets in the coming years.
Feb 25, 2019, USA:
In celebration of the anniversary of the Galaxy line, the South Korean giant announced new retail stores in the United States.
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