First luxury outlet mall in Shanghai to open in Pudong
Situated in Central Pudong and adjacent to the Shanghai Disney Resort, the Shanghai Village Mall is developed by Value Retail, the developer of premium outlet shopping villages in Europe – this will be the second mall of the group in China after Suzhou Village.
Unlike local Chinese outlet mall developers, Value Retail is known to emphasize luxury and offers upscale brands such as Armani, Coach, Seven For All Mankind, Agent Provocateur, Burberry, Gucci and Jimmy Choo at up to 50 percent off on past season’s surplus goods.
Both Suzhou Village and Shanghai Village will be open air with pedestrian streets, yet with different architectural styles. The Suzhou Village is expected to generate initial sales of around $2,000 per square foot. Through its Value Retail China subsidiary, Value Retail plans to develop outlet villages in Guangzhou, Hong Kong and Beijing.