SHANGHAI — In the U.S., a Web site called Deadmalls.com features stories of shopping centers across the country that are effectively ghost malls. Tenants have left due to economic woes or because the populations that lived in the malls’ once-bustling surroundings have moved elsewhere, causing business to evaporate.
A similar site could be launched in China, where another ghost mall phenomenon is emerging — but in a slightly different context. Simply put, too many shopping malls have been — and are continuing to be — built on the mainland, resulting in a situation where supply outstrips demand and vacancy rates are on the rise, particularly in smaller cities.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"