MARKET REMAINS ACTIVE, EXISTING PROJECTS CONTINUE UPGRADING
Driven by a strong summer vacation season, retail sales continued to rise steadily in the third quarter. The vacancy rate fell, and rents increased slightly.
Recently, domestic brands have done well to keep up with consumer tastes. They have focused on product innovation, upgrading the shopping experience gaining the favor of young consumers. This quarter, we observed rapid expansion of domestic sports brands.
Recently, domestic brands have done well to keep up with consumer tastes. They have focused on product innovation, upgrading the shopping experience gaining the favor of young consumers. This quarter, we observed rapid expansion of domestic sports brands.