Simon Property Group Archives - Inside Retail Asia
Siam Piwat & Simon JV to open Siam Premium Outlets in Bangkok
Siam Piwat and partner Simon Property Group will open Siam Premium Outlets in Bangkok next week.
Landlords team with Authentic Brands Group to rescue Forever 21
Control of collapsed Californian fast-fashion chain Forever 21 is about to be handed over to a consortium of creditors led by property companies.
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.
Beacon technology offered to boost sales
Bluetooth beacon technology is being offered by Hong Kong start-up Neoma with the aim of helping malls as retail sales wither.
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 Japan premium outlet underway
Construction has commenced on Shisui Premium Outlets, Japan’s ninth such centre.