New Economy: Outlet Centers

October 17, 2008 by Lila Delilah

Just a decade ago the stores that line Bond Street, Madison Avenue and Via Montenapoleone, would have rather burned their inventory rather than sell it through discount centers. Today the story is totally different. Big brands like Chanel and Dior entered the outlet game even before the economy started to rot. Robb Young, reports about the ideological u-turn, in an amazing article in the International Herald Tribune.

Economy gives new allure to Europe’s outlet centers

Trance, you there? Bring the car around– Woodbury Commons is calling!

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