{"id":117648,"date":"2020-07-08T12:13:51","date_gmt":"2020-07-08T05:13:51","guid":{"rendered":"http:\/\/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\/"},"modified":"2020-07-08T13:05:21","modified_gmt":"2020-07-08T06:05:21","slug":"topshop-to-close-last-hong-kong-store-joining-growing-list-of-foreign-retailers-leaving-city-amid-coronavirus-sales-slump","status":"publish","type":"post","link":"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\/","title":{"rendered":"Topshop to close last Hong Kong store, joining growing list of foreign retailers leaving city amid coronavirus sales slump"},"content":{"rendered":"


\nBritish 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 Central when the contract expires in October.The 14,000 sq ft store on the bustling Queen\u2019s Road was secured by Topshop in 2012, initially for HK$2.8 million (US$361,285) a month through its\u2026
\n
\nSource : South China Morning Post
\nRead more…Topshop to close last Hong Kong store, joining growing list of foreign retailers leaving city amid coronavirus sales slump<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

British high street retailer Topshop is closing its last and largest store in Hong Kong,...<\/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-117648","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-uBy","jetpack-related-posts":[{"id":154356,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/japanese-retailers-capitalise-on-hong-kongs-retail-property-slump-to-expand\/","url_meta":{"origin":117648,"position":0},"title":"Japanese retailers capitalise on Hong Kong\u2019s retail property slump to expand","date":"May 27, 2025","format":false,"excerpt":"\r 3Coins, an Osaka-based retailer, plans to open an outlet in Causeway Bay, joining a list of Japanese businesses that are finding value amid a slump in Hong Kong\u2019s retail real estate market. 3Coins will open its first store in mid-July in Hysan Place and will carry Japanese products including\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":117648,"position":1},"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":[]},{"id":115262,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-jeweller-tiffany-closes-its-shop-in-tsim-sha-tsui-hong-kong-as-covid-19-batters-the-citys-retailers\/","url_meta":{"origin":117648,"position":2},"title":"Luxury jeweller Tiffany closes its shop in Tsim Sha Tsui, Hong Kong, as Covid-19 batters the city\u2019s retailers","date":"March 30, 2020","format":false,"excerpt":"\r Tiffany & Co, one of the world\u2019s leading jewellers, has closed its shop in Canton Road, Tsim Sha Tsui, one of the most expensive shopping locations in Hong Kong, after sales slumped amid the coronavirus outbreak.The luxury jewellery retailer, founded in the US, has quietly shut its 4,000 square-foot\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116521,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-agents-turn-to-virtual-reality-tours-influencer-style-videos-to-beat-coronavirus-driven-slump-in-home-sales\/","url_meta":{"origin":117648,"position":3},"title":"Hong Kong property agents turn to virtual-reality tours, influencer-style videos to beat coronavirus-driven slump in home sales","date":"May 20, 2020","format":false,"excerpt":"\r Virtual-reality tours of properties have come to the rescue of major Hong Kong agencies amid the coronavirus pandemic, which has disrupted traditional sales channels and viewing patterns, with one company describing the technology as \u2018life to us\u201d, helping it \u201csurvive and stay competitive\u201d.Centaline Property Agency, Hong Kong\u2019s largest agent\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114359,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-retailers-stage-unprecedented-strike-in-14-shopping-centres-to-demand-lifeline-as-foot-traffic-plunges-amid-coronavirus-outbreak\/","url_meta":{"origin":117648,"position":4},"title":"Hong Kong retailers stage unprecedented strike in 14 shopping centres to demand lifeline as foot traffic plunges amid coronavirus outbreak","date":"February 18, 2020","format":false,"excerpt":"\r Fifty retailers shut their fashion outlets, restaurants and cafes in Hong Kong on Tuesday in an unprecedented strike to demand rental cuts, as plunging foot traffic caused by months of anti-government protests and a coronavirus outbreak threatens to decimate the industry.Confectioner Lady M, the French sportswear brand Lacoste distributed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122910,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ikea-replaces-topshop-as-furnishings-become-high-street-fashion\/","url_meta":{"origin":117648,"position":5},"title":"Ikea replaces Topshop as furnishings become high street fashion","date":"October 30, 2021","format":false,"excerpt":"\r Swedish chain\u2019s move into former Oxford Street flagship store signals big shift for retailBilly bookcases, sheepskin rugs and meatballs are set to make their debut on Oxford Street. In a moment that marked a big shift in the retail landscape, Ikea announced this week it was taking over Topshop\u2019s\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\/117648"}],"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=117648"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/117648\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=117648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=117648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=117648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}