Hermes relocating to Prince\u2019s Building amid talk it plans to sell flagship store for HK.5 billion<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"
International luxury brand Hermes will relocate to Prince\u2019s Building, in Central, a move suggesting it...<\/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-5060","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\/p75ss1-1jC","jetpack-related-posts":[{"id":26031,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hermes-to-swap-galleria-location-for-princes-building-flagship-store-in-2018\/","url_meta":{"origin":5060,"position":0},"title":"Hermes to swap Galleria location for Prince\u2019s Building flagship store in 2018","date":"September 14, 2016","format":false,"excerpt":"\r Hermes is poised to open a flagship store occupying 10,000 square feet in Hong Kong in early 2018, switching strategy from owning its retail space to renting to help it weather the city\u2019s slump in luxury and retail sales.\r \r Source : South China Morning Post\r Read more...Hermes to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":82532,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hermes-pockets-us61-2-million-profit-from-sale-of-retail-shops-in-hong-kong\/","url_meta":{"origin":5060,"position":1},"title":"Hermes pockets US$61.2 million profit from sale of retail shops in Hong Kong","date":"March 13, 2018","format":false,"excerpt":"\r French luxury goods maker Hermes has made a profit of HK$480 million (US$61.2 million) from the sale of its flagship stores in Hong Kong\u2019s Central district, after recently relocating to a leased building nearby in the face of sluggish sales. It sold four shops, Nos 6 to 9, on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":37310,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/closure-of-ralph-lauren-hong-kong-flagship-store-probably-wont-be-the-last-given-citys-poor-retail-climate\/","url_meta":{"origin":5060,"position":2},"title":"Closure of Ralph Lauren Hong Kong flagship store probably won\u2019t be the last given city\u2019s poor retail climate","date":"December 7, 2016","format":false,"excerpt":"\r \u201cWe are in the midst of transforming our presence in China, a region that we believe will become an important driver of growth for us over the long term,\u201d Ralph Lauren said in 2012 after the fashion conglomerate of which he was then chief executive announced plans to open\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110012,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/causeway-bay-retail-landlord-offers-to-cut-rent-by-44-per-cent-as-prada-closes-flagship-store-next-year-amid-dwindling-foot-traffic\/","url_meta":{"origin":5060,"position":3},"title":"Causeway Bay retail landlord offers to cut rent by 44 per cent as Prada closes flagship store next year amid dwindling foot traffic","date":"August 19, 2019","format":false,"excerpt":"\r The landlord of Prada\u2019s retail store in Causeway Bay is offering to slash monthly rent by 44 per cent next year when the Italian fashion house shuts its flagship outlet on Hong Kong Island, succumbing to dwindling shoppers\u2019 foot traffic.The Milanese company will close its 15,000-square foot (1,393 square\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":69126,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shares-in-ck-asset-rise-amid-rumours-of-hk40-2bn-sale-of-the-center-building-in-hong-hong\/","url_meta":{"origin":5060,"position":4},"title":"Shares in CK Asset rise amid rumours of HK$40.2bn sale of The Center building in Hong Hong","date":"October 16, 2017","format":false,"excerpt":"\r Shares in Li Ka-shing\u2019s flagship property company CK Asset rose by the most in a month on Monday, after the Hong Kong Economic Journal reported it had sold the city\u2019s fifth-tallest building, \u201cThe Center\u201d, for a record HK$40.2 billion (US$5.15 billion). If the deal does materialise, it will be\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":5060,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/5060"}],"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=5060"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/5060\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=5060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=5060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=5060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}