{"id":112975,"date":"2019-12-10T16:00:08","date_gmt":"2019-12-10T09:00:08","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/international-luxury-brands-like-tiffany-burberry-are-booming-in-mainland-china-as-they-struggle-to-survive-in-hong-kong\/"},"modified":"2019-12-10T17:04:09","modified_gmt":"2019-12-10T10:04:09","slug":"international-luxury-brands-like-tiffany-burberry-are-booming-in-mainland-china-as-they-struggle-to-survive-in-hong-kong","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/international-luxury-brands-like-tiffany-burberry-are-booming-in-mainland-china-as-they-struggle-to-survive-in-hong-kong\/","title":{"rendered":"International luxury brands like Tiffany, Burberry are booming in mainland China as they struggle to survive in Hong Kong"},"content":{"rendered":"


\nInternational fashion brands are enjoying a boom in mainland China, where a government cut to consumption tax has led to a surge in sales and higher shop rental yields, according to a senior executive at a major retail landlord.Sales of some luxury brands have been growing up to four times faster in China than they have across the rest of the region, said Christina Hau Shun, assistant director and general manager for retail leasing and operations at Wharf China Estates, a wholly owned\u2026
\n
\nSource : South China Morning Post
\nRead more…International luxury brands like Tiffany, Burberry are booming in mainland China as they struggle to survive in Hong Kong<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

International fashion brands are enjoying a boom in mainland China, where a government cut to...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-112975","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-tob","jetpack-related-posts":[{"id":28461,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mid-priced-brands-cash-in-on-falling-hong-kong-rents-at-expense-of-luxury-retailers\/","url_meta":{"origin":112975,"position":0},"title":"Mid-priced brands cash in on falling Hong Kong rents at expense of luxury retailers","date":"October 4, 2016","format":false,"excerpt":"\r Hong Kong may no longer be the darling of European luxury brands after the combined effect of a slower local economy and fewer mainland shoppers as a result of Beijing\u2019s anti-corruption crack down, but the city is still magnet for less expensive luxury brands and mid-priced retailers. Retail sales\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":44646,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/italian-luxury-discount-mall-operator-rdm-opens-outlet-in-hong-kong-to-tap-mainland-shoppers\/","url_meta":{"origin":112975,"position":1},"title":"Italian luxury discount mall operator RDM opens outlet in Hong Kong to tap mainland shoppers","date":"February 18, 2017","format":false,"excerpt":"\r RDM, the Italian-owned operator of three luxury discount \u201cFlorentia Village\u201d malls in mainland China, is opening a new Hong Kong outlet on Saturday, despite the sharp downturn in visitor and local spending in the city\u2019s retail sector. Maurizio Lupi, managing director of RDM Asia, said the new 60,000 square\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":145431,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-retailers-struggle-to-survive-hong-kongs-sky-high-rents-fierce-competition\/","url_meta":{"origin":112975,"position":2},"title":"Mainland retailers struggle to survive Hong Kong\u2019s sky-high rents, fierce competition","date":"June 24, 2024","format":false,"excerpt":"\r A tide of mainland Chinese retail brands expanding in Hong Kong appears to have ebbed, with several food and beverage chains ending their tenancies as their businesses come under pressure\r \r Source : South China Morning Post\r Read more...Mainland retailers struggle to survive Hong Kong\u2019s sky-high rents, fierce competition","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119680,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/relocation-of-top-luxury-brands-regional-headquarters-to-china-likely-to-weigh-further-on-hong-kong-office-rents\/","url_meta":{"origin":112975,"position":3},"title":"Relocation of top luxury brands\u2019 regional headquarters to China likely to weigh further on Hong Kong office rents","date":"January 7, 2021","format":false,"excerpt":"\r Some luxury retailers are considering relocating their regional headquarters to China from Hong Kong to be close to their major growth market, which could add further pressure on office rents in the city, according to market observers.Brands including Versace, Salvatore Ferragamo, and LVMH-owned Bulgari, Fendi, Givenchy and Celine reduced\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119604,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-embattled-retail-landlords-bet-on-their-mainland-malls-for-christmas-cheer-wooing-shoppers-with-lavish-festive-displays\/","url_meta":{"origin":112975,"position":4},"title":"Hong Kong\u2019s embattled retail landlords bet on their mainland malls for Christmas cheer, wooing shoppers with lavish festive displays","date":"December 24, 2020","format":false,"excerpt":"\r Hong Kong developers, facing a dismal Christmas shopping period at home, have pulled out all the stops to woo big spenders to their upmarket malls in mainland China with huge, vibrant festive displays and decorations.While their shopping centres in cities like Shanghai are decked out with enormous, colourful Christmas\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":169358,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foreign-hong-kong-retailers-close-stores-in-mainland-china-amid-changing-dynamics\/","url_meta":{"origin":112975,"position":5},"title":"Foreign, Hong Kong retailers close stores in mainland China amid changing dynamics","date":"January 12, 2026","format":false,"excerpt":"\r Mainland China\u2019s retail and retail property sectors have suffered another blow amid a fresh wave of store closures by foreign and Hong Kong brands. \u201cThe series of closures come as a combined result of their outdated business models and profound changes in the macroeconomic environment,\u201d said Wang Tianshi, an\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/112975"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=112975"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/112975\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=112975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=112975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=112975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}