Simon Property Group Archives - Inside Retail Asia

Second Premium Outlets mall for Malaysia

Malaysia’s second Premium Outlets mall is expected to open soon in Genting Highlands.

Aeropostale rescued from bankruptcy

General Growth Properties and Simon Property Group have teamed with Authentic Brands Group to buy Aeropostale out of bankruptcy.

Simon, Hudson in $1.8b JV

US mall developer Simon Property Group has teamed with Canada’s oldest retailer, Hudson’s Bay, to create a US$1.8 billion property joint venture.

Johor Premium Outlets expand

Genting Simon, a joint venture between Genting Group and Simon Property Group, has opened the second phase of Johor Premium Outlets in Malaysia. The retail landmark has added 40 new shops and 100,000 sqft of retail spaces, taking the total number of shops to 120. Johor Premium Outlets opened in 2011 and has become a popular shopping destination for Malaysians and Singaporeans. Its current brand line-up includes Adidas, Armani, Brooks Brothers, Burberry, Canali, Calvin Klein, Coach, DKNY…

Premium outlet opens in South Korea

A joint venture between Simon Property Group and Shinsegae Group has opened a new premium outlet in South Korea. Busan Premium Outlets is the joint venture’s third in the nation after Yeoju and Paju Premium Outlets. It features architectural design inspired by the Tuscany region of Italy and houses 180 outlet stores offering every day savings of up to 65 per cent. The JV is said to have invested US$148 million in the 343,000 sqft of retail space. A mix of high-end fashion brands such…

New outlet centre for Japan

Simon Property Group opens ninth premium outlet centre in Shisui.

New Japan premium outlet underway

Construction has commenced on Shisui Premium Outlets, Japan’s ninth such centre.