The competition might be heating up, but Tanger Factory Outlet Centers Inc., a pioneer of today’s outlet concept, has a big head start and a valuable knack for cajoling the right mix of retailers into its regional shopping meccas.
Tanger jumped into outlets in 1981 when the stores were a venue to clear factory overruns. Now the centers are a way to bring new shoppers to fashion brands at lower prices.
The consumer affection for a good deal — something that’s nice in good times and necessary in bad times — has kept the outlet real estate sector on a relatively steady trajectory.
Alberta Ferretti's "Rainbow Week" sweaters are back. The designer closed her #MFW show with a few day-of-the-week sweaters, which first debuted on the catwalk last January as part of the pre-fall 2017 collection. #wwdfashion (📷: @delphineachard)