British beauty retailer Lush has shut its five-storey shop in Hong Kong’s Central district, becoming the latest global company to succumb to a coronavirus-induced economic slowdown and, in turn, piling pressure on the city’s souring retail property sector.The company, which is famous for its fresh handmade soaps, masks and shampoos, also had a spa on the top three floors on Lyndhurst Terrace. Its five-year lease for the store, which covered about 7,000 sq ft, was expiring at the end of August…
Source : South China Morning Post
Read more…Lush, known for its handmade soaps and shampoos, shuts five-storey shop in further blow to Hong Kong retail property sector















