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Thailand Is Becoming a Luxury Retail Powerhouse

A $3.2 billion new luxury precinct called One Bangkok is rising in the Thai capital amid a flurry of investment by the city’s legacy department stores and malls as they renovate and expand to popular tourist destinations nationwide.
Part of Thailands new luxury district One Bangkok.
(L) A section of the new luxury district in the Thai capital called One Bangkok; (R) Thai actor-musician and Balenciaga ambassador "PP" Krit Amnuaydechkorn, who in March attended the brand's Paris fashion show, performed at the One Bangkok opening in October. (One Bangkok, Getty Images)
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Thailand’s booming luxury market is about to go into overdrive with the opening of a $3.2 billion upscale shopping district in the capital’s diplomatic quarter. One Bangkok, managed by TCC Assets Thailand and Frasers Property, is one of the largest property developments coming online in the country.

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