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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, United Kingdom:
The new opening at Westfield aims to be a "Home" hub for customers.
Sep 19, 2018, Italy:
NEINVER expected to refurbish the Italian outlet center Vicolungo by spring 2019.
Sep 18, 2018, United Kingdom:
The shopping center is nearing the completion of a £28.5 million refurbishment programme.
Sep 12, 2018, Thailand:
Thailand's retail property developer launches the first "Luxury & Leisure" beach lifestyle shopping destination in Asia.
Sep 11, 2018, USA:
Real estate operators to create a state-of-the-art Premium Outlet center in Carson in LA County.
Sep 11, 2018, USA:
Bloomingdale's has unveiled a permanent popup The Carousel at select stores in New York and California.
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