You may have read reports abour Real Estate crash in Bangalore – Buy one Apartment and get 2 properties free.. etc. However, the freebie and discounting model of business has also hit the high streets of Bangalore starting from UB City, Vittal Mallya Road.
It is a widely believed misconception that Luxury Brands don’t bite the bust during the crisis. If newspaper report [TOI, Blore] is to be believed, all the Global Rich Brands in UB City’s Collection Mall are available on discount sale. UB City – The Collection is India’s First Retail Destination for the Super Rich where you don’t shop by the price tag but by Lifestyle, Attitude and the passion to be niche in the upper crest.
Salvatore Ferragamo, Ermenegildo Zegna, Dunhill or Paul Smith, prices are being slashed from 25% and 50%. Store owners term this as end of festive season even we still have a week to go for Christmas. Usually, this kind of sale happens only in Jan-Feb. Other brands that are selling in the discount sale include Paul Smith, Aigner, Canali, Kenzo and Just Cavalli.
A shopper liked a bag and was offerd 20% discount and when negotiated the discount went higher to 35% with a 200ml perfume and a freebie. Just can’t believe this is happening at UB City belonging Vijay Mallya.