U.S. mall developer Taubman Centers Inc. unveiled its foray into the booming gambling city of Macau on Wednesday _ a giant upscale shopping center aimed at capitalizing on China's growing appetite for luxury goods.
The 920,000-square-foot (85,000 square meter) Mall at Studio City will boast about 140 stores from Gucci, Cartier, Burberry, Dolce & Gabbana, Prada and other brands in one of the biggest concentrations of high-end retailers outside New York and Paris, the company says.
Scheduled to open in 2011, the center is the showpiece of a US$2.5 billion joint venture gambling resort project along the city's Cotai Strip.
Macau, the only place …
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