A new premium retail center, featuring a P134.5-million Nike Factory Store and other international brands, is set to open in Clark Freeport Zone in Pampanga.
Clark Development Corp. (CDC) said it signed a lease agreement with Prodigy Maguire Concepts Inc. (PMCI), Nike’s exclusive partner in the Philippines, for the Nike Factory Store format to develop a 2,500-square-meter retail center.
CDC president and chief executive Agnes Devanadera said the project would position Clark as a top shopping destination for both local and foreign tourists.
“We believe that by raising the bar of standards, we can find our niche in the market. You don’t need to be very rich to enjoy quality products. Thank you for choosing Clark,” she said.
PMCI business unit head Rochelle Teresa Dizon said the construction of the center would begin in October, with completion targeted for April 2025.
“Our vision is to make Clark a premier destination, and this aligns with the Clark Development Corp. goals of enhancing community engagement and driving tourism and economic growth,” she said.
PMCI, founded in 2009, operates six Nike Factory stores across Luzon and Visayas.
The retail center will rise along the busy M.A. Roxas Highway in Clark Freeport.
Aside from the factory store format which is directly managed by the manufacturer or its partner, Nike also distributes its merchandise through different retail outlets across the country.
