{"id":117514,"date":"2020-07-02T20:16:09","date_gmt":"2020-07-02T13:16:09","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/us-clothing-retailer-gap-to-close-some-hong-kong-stores-after-sales-sink-due-to-coronavirus-induced-slowdown\/"},"modified":"2020-07-02T21:03:23","modified_gmt":"2020-07-02T14:03:23","slug":"us-clothing-retailer-gap-to-close-some-hong-kong-stores-after-sales-sink-due-to-coronavirus-induced-slowdown","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/us-clothing-retailer-gap-to-close-some-hong-kong-stores-after-sales-sink-due-to-coronavirus-induced-slowdown\/","title":{"rendered":"US clothing retailer Gap to close some Hong Kong stores after sales sink due to coronavirus-induced slowdown"},"content":{"rendered":"


\nUS clothing and accessories retailer Gap Inc will close two out of its eight stores in Hong Kong, becoming the latest international brand in Hong Kong to succumb to the coronavirus-induced economic slowdown, the Post has learned.An employee at the Gap store in Hysan Place said that the retailer will close the stores in the next few weeks. Gap Inc\u2019s China media office did not reply to emails seeking comment on the planned closures.A notice posted on the door of its soon-to-close outlet in Albion\u2026
\n
\nSource : South China Morning Post
\nRead more…US clothing retailer Gap to close some Hong Kong stores after sales sink due to coronavirus-induced slowdown<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

US clothing and accessories retailer Gap Inc will close two out of its eight stores...<\/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-117514","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-uzo","jetpack-related-posts":[{"id":117648,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/topshop-to-close-last-hong-kong-store-joining-growing-list-of-foreign-retailers-leaving-city-amid-coronavirus-sales-slump\/","url_meta":{"origin":117514,"position":0},"title":"Topshop to close last Hong Kong store, joining growing list of foreign retailers leaving city amid coronavirus sales slump","date":"July 8, 2020","format":false,"excerpt":"\r British high street retailer Topshop is closing its last and largest store in Hong Kong, joining the ranks of foreign brands exiting the city amid a coronavirus-induced economic slowdown and shift to e-commerce.Topshop told the Post that it will not renew the lease of its two-storey flagship store in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117618,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lush-known-for-its-handmade-soaps-and-shampoos-shuts-five-storey-shop-in-further-blow-to-hong-kong-retail-property-sector\/","url_meta":{"origin":117514,"position":1},"title":"Lush, known for its handmade soaps and shampoos, shuts five-storey shop in further blow to Hong Kong retail property sector","date":"July 7, 2020","format":false,"excerpt":"\r British beauty retailer Lush has shut its five-storey shop in Hong Kong\u2019s Central district, becoming the latest global company to succumb to a coronavirus-induced economic slowdown and, in turn, piling pressure on the city\u2019s souring retail property sector.The company, which is famous for its fresh handmade soaps, masks and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102182,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-landlords-ponder-how-to-fill-large-retail-spaces-as-consumer-slowdown-gathers-pace\/","url_meta":{"origin":117514,"position":2},"title":"Hong Kong landlords ponder how to fill large retail spaces as consumer slowdown gathers pace","date":"December 12, 2018","format":false,"excerpt":"\r Hong Kong landlords are likely to struggle to find suitable tenants that could fill the three large retail locations currently occupied by troubled music retailer HMV \u2013 with floor space as big as 40,000 square feet \u2013 in the city\u2019s most prime locations. The future of the HMV shops\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114149,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/j-crew-to-shut-hong-kong-stores-joins-big-brand-exodus-from-causeway-bay-worlds-priciest-shopping-district\/","url_meta":{"origin":117514,"position":3},"title":"J.Crew to shut Hong Kong stores, joins big-brand exodus from Causeway Bay, world\u2019s priciest shopping district","date":"February 9, 2020","format":false,"excerpt":"\r J.Crew Group, the US retailer of menswear and womenswear, is closing its stores in Hong Kong, according to staff at both its locations in the city.\u201cThe stores in Causeway Bay and near Lan Kwai Fong will be closed on February 23,\u201d a sales staff member at its Times Square\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":160614,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uniqlo-hong-kong-chooses-upgrades-over-expansion-amid-sluggish-retail-sales\/","url_meta":{"origin":117514,"position":4},"title":"Uniqlo Hong Kong chooses upgrades over expansion amid sluggish retail sales","date":"September 8, 2025","format":false,"excerpt":"\r Uniqlo is focusing on revamping its 32 outlets in Hong Kong rather than expanding its footprint amid sluggish retail sales, as the popular Japanese fashion retailer contends with a decline in revenue and profit from its Greater China region. However, revamping existing stores sometimes includes leasing more space. For\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118323,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-retail-stand-off-turns-nasty-with-landlords-suing-tenants-to-recover-arrears-as-recession-deepens\/","url_meta":{"origin":117514,"position":5},"title":"Hong Kong retail stand-off turns nasty with landlords suing tenants to recover arrears as recession deepens","date":"August 21, 2020","format":false,"excerpt":"\r The months-long stand-off between Hong Kong\u2019s commercial landlords and retailers is taking a turn for the worse, as a third wave of coronavirus outbreak amid the city\u2019s worst recession crimped retail sales, pushing many businesses to the brink of bankruptcy.Harbour City, one of Hong Kong\u2019s best-known luxury shopping centres\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\/117514"}],"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=117514"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/117514\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=117514"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=117514"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=117514"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}