Discount retail the next big bet

Luxury outlet stores have proved successful for Simon Property Group, the nation’s largest public real estate company, which plans to expand at the Sawgrass Mills outlet mall. A 22,000-square-foot addition will house Canali, the Italian clothing retailer, and it will be joined by Tag Heuer, a Swiss watchmaker; Tumi, a fashion accessories store; Tommy Bahama’s island-inspired clothing and accessories; and True Religion Brand Jeans.
 

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