Value Retail China
Value Retail has formed a new joint venture, Value Retail China, to bring its distinctive Chic Outlet Shopping® Villages to China. Value Retail China aims to provide a comprehensive outlet solution for the China’s major metropolitan markets, which include Shanghai, Beijing, Guangzhou and Hong Kong.
Value Retail China will develop and operate the Villages utilising the successful proprietary operating model that consistently generates growth and some of the world’s most productive shopping destinations.
The first Village in China by Value Retail, Suzhou Village™, will be located in historic Suzhou, approximately 80 km (and just over an hour by car) west of Shanghai. Scheduled to open in early 2014, it will serve the surrounding Jiangsu province and the global gateway of Shanghai – together, as part of the Yangtze River Delta, recognised as China’s most important economic region and tourism destination. The Village’s first phase will contain approximately 100 boutiques of fashion and lifestyle brands in addition to complementary restaurants and cafés in 35,000 square metres.
Like the other members of the Collection of Chic Outlet Shopping® Villages, Suzhou Village™ will be defined by a distinctive offer of international luxury brands and will serve not only the local catchments but the domestic and international tourists visiting Suzhou, and tourists staying in Shanghai.
Click here to learn more about Suzhou Village™.