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Mall openings accounted for 38pc of new luxury retail leases in 2022: JLL

The demand for in-person shopping is booming, leading to increased retail openings. Image credit: JLL The demand for in-person shopping is booming, leading to increased luxury retail openings, per a new report from commercial real estate player JLL. Image credit: JLL

 

New data reveals that the United States continues to be the biggest market for prestige products.