Lotte Outlet Gwangju Suwan, Popular Overseas Brand Items 'All in One Place'

‘Lotte Tops Day’ Held... Up to 20% Additional Discount Compared to Existing Sale Prices

[Asia Economy Honam Reporting Headquarters Reporter Shin Dong-ho] Lotte Outlet Gwangju Suwan Branch (Manager Lee Chung-yeol) is holding the ‘Lotte TOPS Day,’ a discount sale event offering products from famous overseas brands directly purchased by Lotte Department Store buyers at reasonable prices.

According to Lotte Outlet Gwangju Suwan Branch on the 23rd, this event, which runs until the 28th, showcases popular items from over 30 overseas brands including Bottega Veneta, Gucci, and Ferragamo, from the 2019 S/S season to the 2020 F/W season.

This event, held only twice a year, offers up to an additional 20% discount on top of the existing discounted prices.

Despite the overall decline in offline sales in the distribution industry due to the impact of COVID-19, sales of overseas luxury goods have significantly increased as revenge consumption has surged.

In fact, last year, overseas luxury sales at Lotte Outlet Gwangju Suwan Branch increased by 36% compared to the previous year.

To target the luxury demand segment, this event includes handbags, shoes, and clothing.

Representative items include the Ferragamo Double Gancio Buckle Belt priced at 367,200 KRW, Ferragamo Vara Bow Camera Bag at 559,200 KRW, Givenchy Antigona Small Black at 1,869,150 KRW, and Valentino V-Sling Card Wallet at 390,150 KRW.

Additionally, Golden Goose Superstar sneakers for men and women are each priced at 399,200 KRW, and Burberry Tafta women’s trench coat is sold at 1,133,100 KRW. Customers who purchase over 600,000 KRW during the event will receive a Lotte mobile gift certificate.

Lee Chung-yeol, manager of Lotte Outlet Gwangju Suwan Branch, said, “Luxury sales are increasing due to revenge consumption caused by COVID-19,” and added, “Since this event is held twice a year, we have prepared it so that customers can experience luxury goods at reasonable prices.”

Meanwhile, this event is also held at Lotte Outlet Gwangju World Cup Branch and Naman Branch, where Lotte TOPS is located, and products may sell out early depending on detailed product numbers and sizes.