Luxist

Even though the economy is grim, big malls are opening around the world. I recently mentioned the opening of the Westfield Mall in London and now the Dubai Mall has officially opened boasting the largest number of retailers in the world. As I mentioned earlier this year, the mall boasts an aquarium and an ice rink in addition to rows and rows of stores -- an astounding 1200 stores, in fact. The mall is hosting a series of high profile events including fashion shows and performances to celebrate the opening. The mall is seen as a destination and has an adjoining 5-star hotel, The Address, Dubai Mall. So far only half the stores are open but eventually it will be home to some of the world's most famous retail chains. The developers of Dubai Mall have predicted 30 million visitors in the first year a number that some fear is a bit optimistic given the current economic picture. 24/11/08