{"id":113371,"date":"2020-01-03T10:30:40","date_gmt":"2020-01-03T03:30:40","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/louis-vuitton-plans-to-close-hong-kong-luxury-store-hit-by-protests-shopping-mall-apparently-refused-a-rent-cut\/"},"modified":"2020-01-03T11:34:57","modified_gmt":"2020-01-03T04:34:57","slug":"louis-vuitton-plans-to-close-hong-kong-luxury-store-hit-by-protests-shopping-mall-apparently-refused-a-rent-cut","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/louis-vuitton-plans-to-close-hong-kong-luxury-store-hit-by-protests-shopping-mall-apparently-refused-a-rent-cut\/","title":{"rendered":"Louis Vuitton plans to close Hong Kong luxury store hit by protests; shopping mall apparently refused a rent cut"},"content":{"rendered":"


\nLouis Vuitton, the world\u2019s top luxury brand, is the first label to respond to the impact of the anti-government protests that have gripped Hong Kong for the past seven months by closing one of its stores in the city.According to sources familiar with the matter, the brand, which is owned by luxury group LVMH, plans to shut its store in the Times Square mall in the shopping district of Causeway Bay, after the mall\u2019s owner, Wharf Reic, refused a request to lower the rent on its prime second-floor\u2026
\n
\nSource : South China Morning Post
\nRead more…Louis Vuitton plans to close Hong Kong luxury store hit by protests; shopping mall apparently refused a rent cut<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Louis Vuitton, the world\u2019s top luxury brand, is the first label to respond to the...<\/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-113371","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-tuz","jetpack-related-posts":[{"id":143909,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-luxury-retail-gets-a-boost-as-louis-vuitton-returns-to-times-square-in-causeway-bay-after-3-year-gap\/","url_meta":{"origin":113371,"position":0},"title":"Hong Kong\u2019s luxury retail gets a boost as Louis Vuitton returns to Times Square in Causeway Bay after 3-year gap","date":"April 29, 2024","format":false,"excerpt":"\r Louis Vuitton is returning to Times Square, three years after the French luxury brand shut its store, a sign of a brighter outlook for Hong Kong\u2019s luxury retail market.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s luxury retail gets a boost as Louis Vuitton returns to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110971,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/swire-becomes-first-hong-kong-developer-to-offer-relief-lowers-rents-temporarily-at-pacific-place-in-protest-hit-admiralty\/","url_meta":{"origin":113371,"position":1},"title":"Swire becomes first Hong Kong developer to offer relief, lowers rents temporarily at Pacific Place in protest-hit Admiralty","date":"September 21, 2019","format":false,"excerpt":"\r Swire Properties said on Friday it would offer \u201ctemporary rental adjustments\u201d to tenants at Pacific Place, its flagship shopping centre in the protest-hit district of Admiralty, becoming the city\u2019s first developer to cut rents.Some shops at Pacific Place, home to international luxury brands such as Louis Vuitton, Chanel and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101225,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/thailand-opens-its-biggest-luxury-shopping-playland-and-looks-to-wealthy-chinese-tourists-to-make-it-a-hit\/","url_meta":{"origin":113371,"position":2},"title":"Thailand opens its biggest luxury shopping playland \u2013 and looks to wealthy Chinese tourists to make it a hit","date":"November 14, 2018","format":false,"excerpt":"\r The owners of a splashy riverside project in Bangkok of luxury shops, high-end condos and a large performance auditorium are tying their success to tourists \u2013 aiming to attract 250,000 a day, mostly from mainland China and Hong Kong. The US$1.6 billion Iconsiam\u2019s first phase opened on November 10.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117190,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-protests-coronavirus-see-prada-tissot-make-way-for-cheap-phone-store-on-worlds-most-expensive-shopping-street\/","url_meta":{"origin":113371,"position":3},"title":"Hong Kong protests, coronavirus see Prada, Tissot make way for cheap phone store on world\u2019s most expensive shopping street","date":"June 17, 2020","format":false,"excerpt":"\r For years it was the world\u2019s most expensive shopping street, overshadowing anything Paris or London had to offer, its pavements brimming with shoppers hunting for Prada bags, Chanel perfumes and Blancpain watches.But Russell Street, in Hong Kong\u2019s bustling Causeway Bay, has lost its lustre \u2013 and a lot of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113385,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/louis-vuitton-paid-an-estimated-hk5-million-in-monthly-rent-at-times-square-before-its-decision-to-shut-its-boutique\/","url_meta":{"origin":113371,"position":4},"title":"Louis Vuitton paid an estimated HK$5 million in monthly rent at Times Square before its decision to shut its boutique","date":"January 3, 2020","format":false,"excerpt":"\r Louis Vuitton, the century-old French retailer at the top of the LVMH Moet Hennessy conglomerate of luxury brands, was paying an estimated HK$5 million (US$642,000) in monthly rent at its Times Square branch before deciding to close its outlet in the world\u2019s most expensive main street, according to industry\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118526,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-stores-exit-russell-street-hong-kong-once-the-worlds-priciest-retail-strip-amid-tourist-slump-over-covid-19-and-protests\/","url_meta":{"origin":113371,"position":5},"title":"Luxury stores exit Russell Street, Hong Kong, once the world\u2019s priciest retail strip, amid tourist slump over Covid-19 and protests","date":"September 7, 2020","format":false,"excerpt":"\r Russell Street in Causeway Bay, Hong Kong, one of the city\u2019s premier shopping destinations and often in the past the one with the world\u2019s highest commercial real-estate rents, is a shadow of its former self.Watch brand Rolex, lingerie label La Perla, skincare brand Kiehl\u2019s and watchmaker Omega have all\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\/113371"}],"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=113371"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/113371\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=113371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=113371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=113371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}