What Does The Future Hold For China’s Scores Of New Malls?
China's mall oversupply issues have prompted retailers to pull out all the stops to attract consumers looking for more than just shopping.
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- Wei Gu (WG): What is the difference between being a landlord in Europe versus here?
- Aris Maroulis (AM):
- WG: Is it an advantage for brands that there aren
- ’t national champions?
- AM:
- Mark Israel (MI):
- WG: There is an oversupply of malls that creates a challenge. What are some of the things to make it more interesting for consumers?
- AM:
- WG: Why more shopping malls than department stores?
- AM:
- MI:
- WG: What about the role of art in malls?
- MI:
- AM:
- WG: Why the slow development of outlets in Shanghai?
- AM:
- WG: Have you worked with online outlets like VIPshop?
- AM:
- WG: How do outlets serve as an educational platform for luxury shoppers?
- MI:
- AM:
- WG: What does the expansion of outlets tell us about the state of Chinese retail? Is it about a slowdown or is it showing the market is going more towards the middle class?
- MI:
- WG: Then why so late in the China market?
- MI:
- WG: Is this because three years ago there was no need to off load product and the focus was more about getting products into China?
- AM:
- WG: In the future, what will shopping malls look like?
- AM:
- MI:
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