{"id":119872,"date":"2021-01-27T07:30:18","date_gmt":"2021-01-27T00:30:18","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/global-luxury-brands-like-omega-de-beers-eye-chinas-retail-boom-as-wealth-expands-in-lower-tier-cities\/"},"modified":"2021-01-27T08:04:27","modified_gmt":"2021-01-27T01:04:27","slug":"global-luxury-brands-like-omega-de-beers-eye-chinas-retail-boom-as-wealth-expands-in-lower-tier-cities","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/global-luxury-brands-like-omega-de-beers-eye-chinas-retail-boom-as-wealth-expands-in-lower-tier-cities\/","title":{"rendered":"Global luxury brands like Omega, De Beers eye China\u2019s retail boom as wealth expands in lower tier cities"},"content":{"rendered":"


\nGlobal deluxe watch and jewellery brands are expanding into lower-tier cities in mainland China, as growing wealth powers the best performing retail locations for luxury goods in the world\u2019s second-biggest economy.Swiss watchmaker Omega, diamond jeweller De Beers and Italian ultra-prestigious jewellery house Buccelatti are among brands queuing to open new shops at Chengdu International Finance Square, one of the top 10 highest grossing malls in the country.The capital city of southwestern\u2026
\n
\nSource : South China Morning Post
\nRead more…Global luxury brands like Omega, De Beers eye China\u2019s retail boom as wealth expands in lower tier cities<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Global deluxe watch and jewellery brands are expanding into lower-tier cities in mainland China, as...<\/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-119872","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-vbq","jetpack-related-posts":[{"id":112975,"url":"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\/","url_meta":{"origin":119872,"position":0},"title":"International luxury brands like Tiffany, Burberry are booming in mainland China as they struggle to survive in Hong Kong","date":"December 10, 2019","format":false,"excerpt":"\r International 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146977,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-ultra-rich-are-snatching-up-luxury-homes-in-bet-on-first-tier-cities\/","url_meta":{"origin":119872,"position":1},"title":"China\u2019s ultra-rich are snatching up luxury homes in bet on first-tier cities","date":"September 9, 2024","format":false,"excerpt":"\r Wealthy homebuyers see opportunity for flats that cost more than US$14,000 per square metre in prime downtown areas after recent market correction.\r \r Source : South China Morning Post\r Read more...China\u2019s ultra-rich are snatching up luxury homes in bet on first-tier cities","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":147214,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/omega-leases-another-shop-in-hong-kongs-causeway-bay-as-agents-see-retail-leasing-pickup\/","url_meta":{"origin":119872,"position":2},"title":"Omega leases another shop in Hong Kong\u2019s Causeway Bay as agents see retail leasing pickup","date":"September 28, 2024","format":false,"excerpt":"\r Swiss luxury watchmaker Omega is leasing another shop on Russell Street, once the world\u2019s priciest retail strip, for US$51,404 a month.\r \r Source : South China Morning Post\r Read more...Omega leases another shop in Hong Kong\u2019s Causeway Bay as agents see retail leasing pickup","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":170970,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-shoppers-head-for-suburban-outlets-a-bright-spot-in-retail-property\/","url_meta":{"origin":119872,"position":3},"title":"China\u2019s shoppers head for suburban outlets, a bright spot in retail property","date":"March 8, 2026","format":false,"excerpt":"\r For Steven Zhou, a 40-year-old Beijing office worker, suburban outlet stores offer a better shopping experience than urban malls, allowing him to escape the city, park his car without frustration and, most importantly, find good deals. \u201cOutlets offer a wide selection of brands, with attractive discounts, especially on sportswear,\u201d\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171930,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/its-the-wealth-effect-hong-kong-luxury-malls-thrive-amid-ipo-gains-housing-recovery\/","url_meta":{"origin":119872,"position":4},"title":"\u2018It\u2019s the wealth effect\u2019: Hong Kong luxury malls thrive amid IPO gains, housing recovery","date":"June 7, 2026","format":false,"excerpt":"\r Hong Kong\u2019s new status as the world\u2019s top cross-border wealth hub, overtaking Switzerland, alongside a recovering local housing market and strong initial public offerings (IPOs), is translating into a boom for high-end malls, with landlords enjoying improved revenues and rents. Hard luxury and jewellery segments have posted consecutive months\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4694,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/phase-2-of-meraas-project-city-walk-opens-with-romantic-touch\/","url_meta":{"origin":119872,"position":5},"title":"Phase 2 of Meraas project City Walk opens with romantic touch","date":"February 14, 2016","format":false,"excerpt":"\r \r Phase 2 of the Meraas developed City Walk in Dubai will open with a touch of romance today as AW Rostamani Lifestyle expands its retail portfolio into the new development.AW Rostamani, the UAE group represented across a number of industries including car sales and service, property, retail and\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\/119872"}],"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=119872"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119872\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=119872"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=119872"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=119872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}