{"id":86812,"date":"2018-04-30T15:05:24","date_gmt":"2018-04-30T08:05:24","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-sales-rebound-has-retailers-looking-anew-at-expanding-shopping-space\/"},"modified":"2018-04-30T16:03:32","modified_gmt":"2018-04-30T09:03:32","slug":"hong-kong-sales-rebound-has-retailers-looking-anew-at-expanding-shopping-space","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-sales-rebound-has-retailers-looking-anew-at-expanding-shopping-space\/","title":{"rendered":"Hong Kong sales rebound has retailers looking anew at expanding shopping space"},"content":{"rendered":"<p>&#013;<br \/>\nRetail sales in Hong Kong are recovering strongly this year after a slump that began in 2016, as mainland Chinese visitors return to the city, spurring retailers to again think about investing in new premises.<br \/>\nIn the first two months of this year, sales rose 15.7 per cent from the same period a year earlier, a stark contrast to what we saw through the majority of 2016 and parts of 2017, when retailers experienced sharp declines in their revenue, in some cases by up to 50 per cent as mainland&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/property\/hong-kong-china\/article\/2144034\/hong-kong-sales-rebound-has-retailers-looking-anew\" target=\"_blank\">Hong Kong sales rebound has retailers looking anew at expanding shopping space<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Retail sales in Hong Kong are recovering strongly this year after a slump that began&#46;&#46;&#46;<\/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-86812","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-mAc","jetpack-related-posts":[{"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":86812,"position":0},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":71863,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-shopping-centre-rents-on-the-rise-as-good-sales-prospects-draw-retailers\/","url_meta":{"origin":86812,"position":1},"title":"Hong Kong shopping centre rents on the rise as good sales prospects draw retailers","date":"November 15, 2017","format":false,"excerpt":"\r Rents at some Hong Kong shopping centres have climbed to as high as HK$1,000 (US$128) per square foot as improving sales at the city\u2019s malls increase their attraction as a location for retailers. In a stark contrast to the rising number of empty street-level shops in the city\u2019s main\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":86812,"position":2},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":16512,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-start-up-neoma-to-fill-customer-data-gap-for-shopping-malls\/","url_meta":{"origin":86812,"position":3},"title":"Hong Kong start-up Neoma to fill customer data gap for shopping malls","date":"June 14, 2016","format":false,"excerpt":"\r A Hong Kong start-up aims to help malls learn more about their customers and deliver targeted discounts or reward shoppers with a free coffee for time spent in store as the city\u2019s retailers face falling sales and fewer mainland Chinese tourists.\r \r Source : South China Morning Post\r Read\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110821,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/several-dozen-hong-kong-retailers-likely-to-fold-as-protests-hit-sales-leaving-thousands-unemployed\/","url_meta":{"origin":86812,"position":4},"title":"Several dozen Hong Kong retailers likely to fold as protests hit sales, leaving thousands unemployed","date":"September 17, 2019","format":false,"excerpt":"\r Several dozen small retailers are likely to shut shop as soon as the end of this month due to plunging sales that could lead to thousands of lay-offs as protests frighten away tourists, according to a Hong Kong-based staffing agency.\u201cIt is just too hard to survive,\u201d said Alexa Chow\u2026","rel":"","context":"In &quot;Property News&quot;","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":86812,"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/86812"}],"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=86812"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/86812\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=86812"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=86812"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=86812"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}