{"id":139253,"date":"2023-09-21T12:00:11","date_gmt":"2023-09-21T05:00:11","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/japans-nitori-opens-first-hong-kong-store-joins-slew-of-asian-retailers-expanding-in-the-city-as-western-brands-retreat\/"},"modified":"2023-09-21T12:09:04","modified_gmt":"2023-09-21T05:09:04","slug":"japans-nitori-opens-first-hong-kong-store-joins-slew-of-asian-retailers-expanding-in-the-city-as-western-brands-retreat","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/japans-nitori-opens-first-hong-kong-store-joins-slew-of-asian-retailers-expanding-in-the-city-as-western-brands-retreat\/","title":{"rendered":"Japan\u2019s Nitori opens first Hong Kong store, joins slew of Asian retailers expanding in the city as Western brands retreat"},"content":{"rendered":"


\nJapanese furniture retailer Nitori Holdings, which opened its first outlet in Hong Kong on Wednesday, plans to gradually expand its footprint to 20 across the city in the coming years, according to a top executive.
\n
\nSource : South China Morning Post
\nRead more…Japan\u2019s Nitori opens first Hong Kong store, joins slew of Asian retailers expanding in the city as Western brands retreat<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Japanese furniture retailer Nitori Holdings, which opened its first outlet in Hong Kong on Wednesday,...<\/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-139253","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-Ae1","jetpack-related-posts":[{"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":139253,"position":0},"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":113118,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-protests-create-space-for-new-businesses-to-expand-as-traditional-retailers-restaurants-retreat-after-seven-months-of-falling-sales\/","url_meta":{"origin":139253,"position":1},"title":"Hong Kong protests create space for new businesses to expand, as traditional retailers, restaurants retreat after seven months of falling sales","date":"December 17, 2019","format":false,"excerpt":"\r New retail entrants are taking advantage of the downturn in Hong Kong\u2019s economy to expand rapidly, as a rising number of big chains give up leases, forcing landlords to lower rents.Defying a depressed retail market battered by seven months of anti-government protests and an economy in recession, 24-hour gyms,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":139253,"position":2},"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":115726,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-hong-kong-retail-rents-sink-new-overseas-retailers-mass-market-brands-eye-expansion-on-the-cheap\/","url_meta":{"origin":139253,"position":3},"title":"As Hong Kong retail rents sink, new overseas retailers, mass-market brands eye expansion on the cheap","date":"April 19, 2020","format":false,"excerpt":"\r It is a time for bargains for new overseas and mass-market retailers looking to expand in Hong Kong, following a sharp correction in retail rents, property consultants said.\u201cWe are in talks with more than three overseas retailers, who are interested in entering the Hong Kong market. They are aiming\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":28461,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mid-priced-brands-cash-in-on-falling-hong-kong-rents-at-expense-of-luxury-retailers\/","url_meta":{"origin":139253,"position":4},"title":"Mid-priced brands cash in on falling Hong Kong rents at expense of luxury retailers","date":"October 4, 2016","format":false,"excerpt":"\r Hong Kong may no longer be the darling of European luxury brands after the combined effect of a slower local economy and fewer mainland shoppers as a result of Beijing\u2019s anti-corruption crack down, but the city is still magnet for less expensive luxury brands and mid-priced retailers. Retail sales\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":145431,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-retailers-struggle-to-survive-hong-kongs-sky-high-rents-fierce-competition\/","url_meta":{"origin":139253,"position":5},"title":"Mainland retailers struggle to survive Hong Kong\u2019s sky-high rents, fierce competition","date":"June 24, 2024","format":false,"excerpt":"\r A tide of mainland Chinese retail brands expanding in Hong Kong appears to have ebbed, with several food and beverage chains ending their tenancies as their businesses come under pressure\r \r Source : South China Morning Post\r Read more...Mainland retailers struggle to survive Hong Kong\u2019s sky-high rents, fierce competition","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\/139253"}],"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=139253"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/139253\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=139253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=139253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=139253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}