{"id":133528,"date":"2023-01-02T10:00:20","date_gmt":"2023-01-02T03:00:20","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-hong-kong-recover-from-covid-19-to-reclaim-luxury-retail-market-crown\/"},"modified":"2023-01-02T10:09:27","modified_gmt":"2023-01-02T03:09:27","slug":"can-hong-kong-recover-from-covid-19-to-reclaim-luxury-retail-market-crown","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-hong-kong-recover-from-covid-19-to-reclaim-luxury-retail-market-crown\/","title":{"rendered":"Can Hong Kong recover from Covid-19 to reclaim luxury retail market crown?"},"content":{"rendered":"


\nJust over two years ago, Hong Kong\u2019s Russell Street was the world\u2019s priciest retail strip. But a walk through the area these days reveals how dramatically the city\u2019s retail market has changed.
\n
\nSource : South China Morning Post
\nRead more…Can Hong Kong recover from Covid-19 to reclaim luxury retail market crown?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Just over two years ago, Hong Kong\u2019s Russell Street was the world\u2019s priciest retail strip....<\/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-133528","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-yJG","jetpack-related-posts":[{"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":133528,"position":0},"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":[]},{"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":133528,"position":1},"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":[]},{"id":132249,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-store-fortnum-mason-opens-new-outlet-at-hong-kong-airport-amid-hopes-for-uptick-in-tourists-as-covid-curbs-ease\/","url_meta":{"origin":133528,"position":2},"title":"Luxury store Fortnum & Mason opens new outlet at Hong Kong airport amid hopes for uptick in tourists as Covid curbs ease","date":"December 6, 2022","format":false,"excerpt":"\r Fortnum & Mason opens new outlet in Hong Kong airport amid rising expectations for retail rebound as travel restrictions ease.\r \r Source : South China Morning Post\r Read more...Luxury store Fortnum & Mason opens new outlet at Hong Kong airport amid hopes for uptick in tourists as Covid curbs\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":162515,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-hong-kong-retail-sales-recover-can-landlords-follow-with-higher-shop-rents\/","url_meta":{"origin":133528,"position":3},"title":"As Hong Kong retail sales recover, can landlords follow with higher shop rents?","date":"October 12, 2025","format":false,"excerpt":"\r Ever since Hong Kong\u2019s retail sector shook off 14 months of consecutive declines in May, analysts have been speculating whether the city\u2019s landlords and developers can look forward to rental increases sooner rather than later. Hong Kong retailers such as Bakehouse and Korean food and beverage operator Seoul Recipe\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":147871,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-residential-retail-properties-recover-while-office-sector-struggles-with-glut\/","url_meta":{"origin":133528,"position":4},"title":"Hong Kong residential, retail properties recover while office sector struggles with glut","date":"October 29, 2024","format":false,"excerpt":"\r Reports of brisk weekend home sales show the housing market will outpace offices in recovery going into 2025, consultancies say.\r \r Source : South China Morning Post\r Read more...Hong Kong residential, retail properties recover while office sector struggles with glut","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":167350,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-entrants-steady-hong-kong-retail-property-sector-in-absence-of-luxury-giants\/","url_meta":{"origin":133528,"position":5},"title":"New entrants steady Hong Kong retail property sector in absence of luxury giants","date":"December 15, 2025","format":false,"excerpt":"\r Taiwanese brand Nap Tea drew long lines when it opened its first Hong Kong store in Mong Kok in February. The chain has since expanded aggressively, opening its ninth outlet in the city this month. \u201cWhat truly surprised us was our breakthrough in quickly building a loyal base of\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\/133528"}],"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=133528"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/133528\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=133528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=133528"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=133528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}