Designer outlets like Florentia Village in Wuqing are thriving while traditional department stores struggle with declining sales. Photo: SCMP Pictures
Outlet malls booming in China as department stores feel the pinch
Designer outlets are weathering sluggish mainland retail sales, with at least 17 new malls set to open before year-end
Topic |
China property
Designer outlets like Florentia Village in Wuqing are thriving while traditional department stores struggle with declining sales. Photo: SCMP Pictures