{"id":117618,"date":"2020-07-07T09:30:07","date_gmt":"2020-07-07T02:30:07","guid":{"rendered":"http:\/\/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\/"},"modified":"2020-07-07T10:03:29","modified_gmt":"2020-07-07T03:03:29","slug":"lush-known-for-its-handmade-soaps-and-shampoos-shuts-five-storey-shop-in-further-blow-to-hong-kong-retail-property-sector","status":"publish","type":"post","link":"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\/","title":{"rendered":"Lush, known for its handmade soaps and shampoos, shuts five-storey shop in further blow to Hong Kong retail property sector"},"content":{"rendered":"


\nBritish 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 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\u2026
\n
\nSource : South China Morning Post
\nRead more…Lush, known for its handmade soaps and shampoos, shuts five-storey shop in further blow to Hong Kong retail property sector<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

British beauty retailer Lush has shut its five-storey shop in Hong Kong\u2019s Central district, becoming...<\/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-117618","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-uB4","jetpack-related-posts":[{"id":146574,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-retail-prada-to-open-8000-sq-ft-store-in-k11-musea-after-years-of-downsizing\/","url_meta":{"origin":117618,"position":0},"title":"Hong Kong retail: Prada to open 8,000 sq ft store in K11 Musea after years of downsizing","date":"July 29, 2024","format":false,"excerpt":"\r The two-storey outlet in New World\u2019s harbourfront luxury mall will be the Italian brand\u2019s first in Hong Kong since it closed its flagship store in Causeway Bay in 2020.\r \r Source : South China Morning Post\r Read more...Hong Kong retail: Prada to open 8,000 sq ft store in K11\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115628,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-retail-property-sector-braces-for-collapse-of-once-lucrative-tutoring-centres\/","url_meta":{"origin":117618,"position":1},"title":"Hong Kong retail property sector braces for collapse of once lucrative tutoring centres","date":"April 15, 2020","format":false,"excerpt":"\r More than 400 spaces occupied by tutoring centres in shopping malls and commercial buildings across Hong Kong could soon become vacant in a further blow to the city\u2019s depressed retail property market.The loss of the centres, which pay relatively higher rents, will be a big blow to their landlords,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114375,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-retail-sales-could-sink-up-to-50-per-cent-as-city-shuts-out-chinese-visitors-amid-coronavirus-outbreak\/","url_meta":{"origin":117618,"position":2},"title":"Hong Kong\u2019s retail sales could sink up to 50 per cent as city shuts out Chinese visitors amid coronavirus outbreak","date":"February 19, 2020","format":false,"excerpt":"\r Retail sales in Hong Kong could plunge by as much as half, as most of the city\u2019s borders with China remain shut amid the Covid-19 outbreak and its impact could be more severe on the sector than the months-long social unrest, according to the CEO of Sunlight Real Estate\u2026","rel":"","context":"In 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News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122974,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-development-pays-us164-5-million-for-20-per-cent-stake-in-three-old-buildings-in-prime-hong-kong-area\/","url_meta":{"origin":117618,"position":4},"title":"New World Development pays US$164.5 million for 20 per cent stake in three old buildings in prime Hong Kong area","date":"November 3, 2021","format":false,"excerpt":"\r New World Development has acquired a further 20 per cent ownership in three dilapidated buildings in the heart of Causeway Bay for HK$1.28 billion (US$164.5 million), according to people familiar with the matter.The price was about 29 per cent lower than the market expectation of HK$1.8 billion, analysts said.The\u2026","rel":"","context":"In "Property 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