DTZ: Some retail formats performing well in Shenzhen in 2Q15
According to DTZ’s Property Times, particular retail formats in Shenzhen are performing well, in spite of a generally challenging environment for high-end brands during 2Q15. New restaurants are expanding, thanks to growth in experiential consumption. Book shops have also fared well. However, early education brands are, according to DTZ, cautious about expanding into Shenzhen’s malls because of their fire safety design restrictions.
Source : July 2015/DTZ/Shenzhen/RET