Top brands such as Ralph Lauren and Nike need to shift old stock. Consumers can't wait to get their mitts on it. The result? A boom in factory outlet centres, says Angela Morgan.
Upmarket factory outlets in Tewkesbury? Just what is going on? Cheap end-of-range clothing in a grotty corner of a scruffy Northern mill is a more traditional image. Yet the modern reality is of US-style factory outlet centres. They are springing up all over the country and are becoming popular with businesses and consumers alike.