McArthur/Glen Group, controlled by Cheryl McArthur and Alan Glen, has identified nine possible sites in the UK for out-of- town centres, where 20-30 top- name manufacturers are able to knock out excess production and flawed stock.
It said it had 20 American clients keen to become tenants of a UK centre. In the US it has developed 15 centres, where the tenants include Nike, Ralph Lauren, Royal Doulton and Samsonite.
According to Malcolm Young, principal of McArthur/Glen Europe, there are 2,800 factory shop centres in the US, selling top brands at 40-75 per cent of retail prices, and turning over dollars 7.4bn annually.
The closest Britain comes to the phenomenon is the Hornsea Freeport Shopping Village, Humberside, a development owned by the consumer products maker Peter Black Holdings.
Despite its remote location Hornsea, which Peter Black developed as a means of mopping up excess space, is thought to attract a million bargain hunters a year.
Mr Young, who is also managing director of Wilky Property Holdings, the Surrey developer, said the purpose-built centres would be much more upmarket than Hornsea.Reuse content