Banking on factory outlets

The entrance to the Freeport AFamosa Outlet in Malacca.

Factory outlets, it seems, are finally here to stay. London-based outlet centres operator Freeport Retail, which has a presence in Malacca, says Malaysia presents a good opportunity with its vibrant retail market. JOY LEE reports.

OUTLET centres are a fairly new segment to the local shopping scene, but they are quickly stirring the interest of consumers and retailers alike. After all, shopping is said to be one of Malaysians’ favourite pastimes.