Yueshang Outlets, managed by the Zhongmin Baihui Retail Group, has reported a total sales volume of RMB230 million ($44.7 million) for the month of September.
The mega outlet mall, located in China’s Huishan district in Wuxi, Jiangsu, opened its doors on Sept 9. The mall is an integrated mall with international luxury goods, domestic first-line brands, large and small restaurants, and venues for activities such as sports, entertainment, fitness, culture and more.
Lee Swee Keng, executive chairman of Zhongmin Baihui says, “We are pleased with the initial performance of Yueshang Outlets. Our team at the Wuxi outlet will continue to work hard to deliver good results for our stakeholders.”
Shares in Zhongmin Baihui closed flat at 68 cents on Oct 26.