Central Phuket reaffirms its position as a global shopping destination, providing luxury and relaxation for tourists from around the world.
The shopping centre recently welcomed three world-renowned brands to its roster -- Christian Louboutin, Gucci and Louis Vuitton.
Nattakit Tangpoonsinthana, chief marketing officer for Central Pattana Plc (CPN), said Central Phuket is more than just a shopping destination, catering to all lifestyles from around the world.
"The three leading luxury brands emphasise the new 'luxury vibes' phenomenon by presenting an exclusive collection to lure high purchasing power," he said.
Mr Nattakit said CPN continues to stimulate tourism and promote Phuket as a world-class tourist destination.
He added that Central Phuket is a crucial destination that global brands tend to select, in addition to Bangkok.
"Phuket province is a world-class tourist destination and a province that generates significant economic revenue from tourism. It attracts both Thai and international visitors," he noted.
Due to the strategic location of Central Phuket, which is situated in the heart of the city, the shopping centre serves as a landmark among locals and foreign visitors.
The Louis Vuitton store at Central Phuket.
"The shopping centre saw its traffic recover in 2023, rising by 120% from 2019, with the highest spending international tourists coming from five countries: China, Russia, South Korea, Hong Kong [China], and the United States," said Mr Nattakit.
Thailand welcomed over 3.5 million Chinese tourists last year, he added.
According to Bloomberg, it is estimated that the luxury goods market in Thailand is valued at roughly 1.6 trillion baht, and it is expected to expand with a compound annual growth rate of 5.62% until 2028, nearing the value of the luxury goods market in Singapore.
Central Phuket provides a comprehensive collection of world-class luxury brands including Balenciaga, Bottega, Veneta, Burberry, Dior, Hermes and Omega.
The Gucci store at Central Phuket.