Why Sandton’s ‘Diamond Walk’ is booming
Sandton’s ‘Diamond Walk’ is booming. But it’s a rare bright light as high-end retail is bested by lower LSM stores
30 July 2020 - 05:00
Perhaps the most intriguing snippet that emerged from Sandton City owner Liberty Two Degrees’ (L2D) latest results was this little anecdote from CEO Amelia Beattie: "As bizarre as it may sound, people have been queuing outside the Louis Vuitton and Gucci stores."
Beattie, perhaps hopefully, went on to ascribe the phenomenon to the feel-good retail therapy factor: shoppers looking to counter the negative impacts of lockdown by spoiling themselves...
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