Property News · April 25, 2017

Three ways Hong Kong can turn around its retail fortunes


For a long time Hong Kong was a shopper’s paradise, with flagship stores of international brands found nowhere else in Asia backed up by an amazing restaurant scene.
It was cool and had an excitement about it that attracted over 3 million Chinese tourists every month to shop, eat and shop some more. This surge of Chinese money led to a colossal boom to the retail industry, and for many global retailers Hong Kong had the most productive stores globally.
However the last 23 consecutive…

Source : South China Morning Post
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