A pioneer in the retail industry, Scott Malkin has transformed outlet shopping into a luxurious experience. Thirty years ago, when designer outlets were merely impersonal strip malls located outside towns, Malkin introduced Bicester Village in England. This groundbreaking concept emphasized hospitality and unique experiences for shoppers, whom he referred to as "guests." With personalized shopping services, vibrant dining options, and exclusive event spaces, Malkin redefined what outlet shopping could be. His innovative approach not only attracted major fashion brands but also inspired a network of high-end outlets globally, from Europe to China and even New York.

In 1990s Oxfordshire, Scott Malkin dared to challenge conventional notions of discount shopping by creating Bicester Village. This venue prioritized customer experience through exceptional hospitality and immersive activities. Over time, this model expanded internationally, becoming a magnet for global tourists seeking luxury at reduced prices. Brands such as Dior, Fendi, and Prada now use these locations to sell current-season merchandise while driving traffic to their full-price urban stores. Malkin’s philosophy centers on crafting memorable retail moments, blending personalized service with an inviting atmosphere.

The success of Bicester Village set the stage for further ventures. In October 2024, Malkin unveiled Belmont Park Village on Long Island, partially operational yet already showcasing esteemed brands like Thom Browne and Vivienne Westwood. Drawing inspiration from iconic nightlife pioneers Steve Rubell and Ian Schrager, Malkin envisions Belmont Park as a hub where meticulous curation meets unparalleled hospitality. He emphasizes that achieving this vision demands dedication to creating special memories and extraordinary experiences for guests.

Malkin's journey demonstrates how visionary thinking can reshape industries. By focusing on guest-centric hospitality and curated experiences, he has established a legacy in retail innovation. His latest project, Belmont Park Village, continues this tradition, promising to redefine luxury shopping once again through a blend of creativity, passion, and attention to detail.