Luxury Outlet Shopping Villages Expand in China

 (The Financial Times)
“For all the talk of the seemingly unstoppable rise of the Chinese consumer, it seems extraordinary that there are so few luxury outlet shopping villages in the country. This is all set to change. On May 15, Value Retail, the European discount luxury outlet chain that operates the UK’s Bicester Village outlet centre, opened a vast development at Suzhou, a 2,500-year-old city that used to be the country’s cultural capital.”