In the heart of Macau, a failed casino development project is being converted into a luxury retail precinct and five-star hotel in partnership with Forward Fashion.
The five-star hotel-cum-tourism development plan spans 8100sqm at the central intersection of the Macau Penisula and Cotai, featuring a five-storey shopping mall and 600 hotel rooms, among other facilities.
Treasure Island Hotel Macau will be home to the territory’s first Galeries Lafayette, which is scheduled to open in the fourth quarter of this year, marking the fourth branch in Greater China. The French premium department store will occupy a 4180sqm space, presenting an array of international brands, spanning fashion, accessories, beauty and cafes.
Forward Fashion says it will introduce five other retail and lifestyle brands new to Macau, including Five Guys fast-food restaurant, sportswear label Under Armour, high-end fitness centre UFC Gym, and e-games centre Beebeeland. Meanwhile, collectibles retailer Pop Mart will open a giant flagship store in Macau Peninsula, “targeting the premium, trendy cultural segment”.
Patrick Fan, founder, chairman and executive director of Forward Fashion, says the partners in Treasure Island will not only create greater room for development and more market opportunities for both parties but also play an important role in fostering the development of Macau’s tourism and retail industries.
Fan said the company will “actively explore more cooperation opportunities and continue to introduce high-quality fashion brands”.
Forward Fashion operates more than 200 self-operated retail stores of internationally renowned brands in Greater China, including Stella McCartney, Marni, Palm Angels, Moschino, La Maison du Chocolat, Bose, and Officine Universelle Buly.