Property News · July 11, 2019

China’s outlet mall boom is proving immune to the online shopping threat, and more investment funds are taking a look


Designer outlet malls, which enable brands to sell stock directly to the public through factory outlets, have continued to see strong growth in sales throughout Asia-Pacific, bucking the downturn that has affected other brick and mortar retailers during the e-commerce boom. The gains have been particularly noticeable in China, where a building boom has led to a doubling of outlet malls in the last two years. China has 110 outlet malls nationwide, or about 45 per cent of the 244 such malls…

Source : South China Morning Post
Read more…China’s outlet mall boom is proving immune to the online shopping threat, and more investment funds are taking a look

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