The Parisian Macao, set to open on September 13, will host 170 luxury and lifestyle brands in its 320,000 square feet retail space, according to a press release.
According to The Parisian release the new gaming resort will offer a selection of luxury brands in the territory from cosmetics to men and women’s fashion to jewellery and watches, confectionary, shoes and accessories.
The space will also include 22 luxury brands available for the first time in the territory, such as Antonia, Sonia Rykiel and Temptation.
Shop & Stay
The new resort will also be included in the Shop & Stay promotion available in other Sands resorts where shoppers who spend more than MOP20,000 (US$2,500) will be given the opportunity to earn stars according to their level of spending until October 16.
Shoppers who spend MOP100,000 in The Parisian Macao retail area can be rewarded by a two-night stay in a Lyon Suite available for booking until December 30.
Macau’s luxury market
Besides, a report in May by global consulting firm Bain & Company predicted that the luxury market in Macau and Hong Kong will ‘continue to struggle.
The latest official data released by the Statistics and Census Services (DSEC) shows local retail sales value of watches, clocks and jewellery fell 18.3 per cent year-on-year to MOP3 billion for the first three months of the year, whilst overall sales volume plunged 12.3 per cent year-on-year.
(Source: Macau Business Daily)