Property News · April 30, 2018

Hong Kong sales rebound has retailers looking anew at expanding shopping space


Retail sales in Hong Kong are recovering strongly this year after a slump that began in 2016, as mainland Chinese visitors return to the city, spurring retailers to again think about investing in new premises.
In the first two months of this year, sales rose 15.7 per cent from the same period a year earlier, a stark contrast to what we saw through the majority of 2016 and parts of 2017, when retailers experienced sharp declines in their revenue, in some cases by up to 50 per cent as mainland…

Source : South China Morning Post
Read more…Hong Kong sales rebound has retailers looking anew at expanding shopping space

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