Property News · February 18, 2020

Hong Kong retailers stage unprecedented strike in 14 shopping centres to demand lifeline as foot traffic plunges amid coronavirus outbreak


Fifty retailers shut their fashion outlets, restaurants and cafes in Hong Kong on Tuesday in an unprecedented strike to demand rental cuts, as plunging foot traffic caused by months of anti-government protests and a coronavirus outbreak threatens to decimate the industry.Confectioner Lady M, the French sportswear brand Lacoste distributed by Crocodile, Singapore’s fashion brand Club 21 and the American outdoor brand Timberland are among nearly 200 shops that have declared a “no business” day…

Source : South China Morning Post
Read more…Hong Kong retailers stage unprecedented strike in 14 shopping centres to demand lifeline as foot traffic plunges amid coronavirus outbreak