Hong Kong retail rents in 2016 continued in a downward trend from 2015 – with the city’s four prime districts – Central, Causeway Bay, Tsim Sha Tsui and Mongkok – the most adversely affected, accordin…
Abercrombie & Fitch to shut Hong Kong store
US fashion chain Abercrombie & Fitch will close its four-storey flagship store in Central as early as next year amid the economic downturn and a slump in shoppers from the mainland.…
Where are the world’s most expensive retail locations?
After New York, Hong Kong had the second most expensive shopping location in the world despite a drop in rents in the past 12 months, according to Cushman & Wakefield’s findings.…
Hong Kong retail might go underground, literally
A government pilot study into developing underground spaces in four prime locations could help to attract new entrants into Hong Kong’s retail market.…
Video: Sa Sa International’s CFO on Hong Kong retail challenges
Guy Look, CFO of Sa Sa International, speaks to Bloomberg’s Angie Lau about the Hong Kong retail crisis and falling rents.…
REPORT: Hong Kong retail rents drop by over 60% in Q2 2016
Download our exclusive report on major lease transaction records in Hong Kong’s high-traffic tourist areas for Q2 2016 to see where monthly retail rents are heading.…