Wristwatch Neimans
High-end fashion in Panama
Introduction – Multiplaza Mall in Panama City is now host to a Louis Vuitton and Chanel store. Multiplaza Mall has always been the upscale shopping center in Panama. It is now possible to buy Swiss watches high-end Omega and Breitling along , with Montblanc pens and now we have two shops and upscale.
Discussion – Is Panama support these high-end stores? We had Nautica and Hilfiger for a while down here and they seem to do well, but they are hardly high-end stores, products of high middle class would be more descriptive of them. Do we have enough people willing to spend $ 900 on a handbag or sunglasses, which is three times what the average worker earns in a month in Panama? We Cartier and Rolex stores were in Panama City for some time. There is also a Maserati, Ferrari and Porsche dealer himself recently in Panama City. We see a considerable amount of Porsche Cayenne SUV to run, but a few precious Porsche. It is very rare to see a Maserati or Ferrari, but if you go to the floor on a Sunday afternoon you will see car collectors do their record of just an excuse to drive the car. We do not have a Bentley or Rolls Royce dealer. Perhaps I should say – for the moment.
High End Goods and crime – Panama has no carjacking, or if there nobody ever knows about it. There is no place to go with all the traffic would certainly be a thief caught in the blocks. People would see the crime, get on their cell phone and the police will soon be visible on the bikes and the end of it. Now what happens if women begin to exercise $ 1900 Awards Vuitton? Will children get running for them the hope of selling them for $ 50 in the local neighborhood? Is the child able to say what is an expensive purse and what is not? Do children need a guy for Fagan type form and close the merchandise? Course the contents of a purse of $ 1,900 would be interest in the thief as well. Panama City has had a number of enterprising vendors who have successfully obtain franchises Vuitton without even a window (just kidding) and they have put a lot of Vuitton, Chanel products research in the country, which may confuse thieves. What if people take to bring $ 20,000 gold and platinum wristwatches in Panama? How the thieves react to this? It can be a temptation easy for some thief wearing a $ 20,000 watch in a country where the average wage is $ 300 per month.
What to do then – Well, if Vuitton and Chanel are here, we can expect the rest of the brands high-end designers to begin opening? In general, they do not miss out on a market brands like Vuitton and Chanel are in. Let us see Bloomingdales, Saks Fifth Avenue and Neiman Marcus opening here? I think you could bet on it in any security. I think the antique shops and art galleries will soon follow. Then we will see the ultra-luxury brand restaurants charging exorbitant prices for small portions of food like Emeril. We have already rumors that the people Hilton will open in Panama City and the higher end brand hotels can be expected.
Implications – It is possible that the Panama real estate is just on the road and peak prices are far from what they are today. All these high-end retailers have analysts who are good place, or no use. If they give the green light Panama This information is important. Panama real estate may sell for $ 5,000 per square meter or more before you know it. One argument against the high prices has always was the lack of infrastructure. The city is cleaning up the bay, which is to create something like a board of usable water. They plans to manage traffic. The houses are on the rise. The hotels are coming in. The airport was expanded at this time. A cruise terminal is under construction. The canal is widened. The floor is already prepared and waiting for good as any anywhere in the world Causeway. Could he put on your seat and take the race to power just down the way far richer than when you succeed.
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