Some of the world’s most expensive brands can be found at the Greenbelt complex in Makati’s Ayala Center. Judging from plans laid out by the Ayala Malls’ top executives on May 26, the complex is about to get more fashionable. READ:
Stores are expanding, getting refurbished, moving to new spots, while new ones are also opening their doors.
Up to next year, Greenbelt 4 is getting retouched faces for favorites Burberry, Salvatore Ferragamo, Tod’s, Bottega Veneta, Givenchy, Gucci, and Prada. Balenciaga, Alexander McQueen, and Saint Laurent are opening their presence in Greenbelt 4. Eunice Velasco, Marketing Director for Ayala Malls said, “Greenbelt is indeed the country’s fashion and lifestyle capital.”
Since pandemic-related restrictions for occupancy and mobility were imposed early in the pandemic, have the mall operations for the group stabilized? Mr. Maglanoc said, “Not stabilize, but we’re seeing a steady progression. Week on week, month on month.” He said that compared to their pre-pandemic levels of occupancy since 2019 they have since seen 80-85% of those levels return. “That varies per mall location,” he pointed out.
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