12k visitors per day buying premium goods is good news.

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Should I consider myself a shopaholic? I do own around 30 pairs of shoes. Most of my friends say I am a shopaholic. Actually I don’t think so. Maybe I am just a cheapo shopaholic. I have never bought any non-leather shoe pretending to be leather shoe before but I have never bought any premium leather shoes costing over a thousand ringgit too. Somehow, I do not find any big difference beyond the feel good factor. (Plus, it will ‘damage’ my credit card tremendously). However, I have visited the Johor Premium Outlet , Genting Premium Outlet , Penang Design Village , Mitsui Outlet Park and even the Freeport A’Famosa Outlet. Oh yeah, I love Decathlon too and have visited all the three Decathlons in Klang Valley already. So, if you have any questions about leather shoes, please ask me. Now, we talk about PREMIUM stuffs.

Article in TheStar.com.my Genting Group chairman and chief executive Tan Sri Lim Kok Thay said Johor Premium Outlet (JPO) received over 4.5 million visitors annually, making Johor the top on retail tourism. He said the state tourism sector has been transformed and is contributing to the rapid development in Iskandar Malaysia. JPO has also become a popular shopping destination. Lim said the outlets helped Johor to build and preserve human resources, develop talent and enhance its overall human capital value. JPO is an example of the integration of various business operations to create value and affirming its commitment to Johor and Malaysia. Simon Property Group Inc (Development) chief operating officer Mark Silvestri said it would continue to offer the best brand names and amenities to shoppers under one roof. Currently, 150 designer and brand name outlet stores are housed under JPO and offers up to 65% discounts. Article in TheStar.com.my

4.5 million visitors over 365 days is equal to over 12,000 visitors per day. Assuming they bought nothing and just had a cup of coffee, that’s RM12,000 x RM15 = RM180,000 just for coffee, EVERYDAY. Plus eating a RM15 meal, that’s another RM180,000 per day! If any of the restaurants or cafes in JPO has to close down, the issue is definitely with them and not JPO. So, yes I have to agree with Genting Group chairman’s assertion that JPO is contributing to Johor making it a popular shopping destination. Are the premium goods in JPO of the latest edition? Answer is NO but come on, that’s what most Malaysians bought when they travel to the US anyway… They go to the outlet stores there and bought luxury handbags at huge discounts and come back excited with their buy. It feels good to carry a luxury brand with us all the time. My wife has only ONE small LV handbag (bought from those outlet stores in the U.S.) and yeah, she thinks it still look good after a few years. Happy shopping.

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Article written and edited by Charles. News article summarised by Dina Batrisyia.

written on 26 March 2019

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