Li Ka-shing’s luxury mall sits empty as Chinese spending plunges
By Bloomberg Published Sep 3, 2024 In Hong Kong’s Tsim Sha Tsui district, the mock-classical 1881 Heritage mall used to lure queues of mainland Chinese tourists eager to shop at …
By Bloomberg Published Sep 3, 2024 In Hong Kong’s Tsim Sha Tsui district, the mock-classical 1881 Heritage mall used to lure queues of mainland Chinese tourists eager to shop at …
By Bloomberg Published Aug 16, 2024 Spanish fast-fashion label Mango has rented a 19,000-square-foot store in Hong Kong’s prime retail district Central, people familiar with the matter said, the latest …
By Bloomberg Published Jul 29, 2024 Prada SpA is renting a 8,000-square-foot store in K11 Musea, a harborfront luxury shopping mall by New World Development Co., people familiar with the …
By Bloomberg Published Jul 22, 2024 LVMH’s $16 billion purchase of Tiffany & Co. transformed the luxury goods powerhouse into one of the biggest jewelry sellers in the world. Three …
With Hong Kong bouncing back from the shopping downturn of recent years, investment in the tourist and business destination is ramping up and Hongkong Land has just announced a US …
Luxury labels are very fond of opening special locations (aside from stores) that are all about marketing the brand — as the proliferation of beach and ski resort takeovers shows. …
Harvey Nichols — or more accurately, Broad Gain (UK) Limited — has filed its results for the year to last April at Companies House, confirming preliminary figures it issued last …
By Bloomberg Published Mar 25, 2024 Major auction houses Christie’s and Sotheby’s have announced opening dates for their new spaces in Hong Kong. Christie’s Christie’s will open its new headquarters …
By Bloomberg Published Feb 23, 2024 The top three floors of the Tiffany & Co. Landmark building at the corner of Fifth Avenue and 57th Street sit in an airy …
By Reuters API Published Dec 18, 2023 Hong Kong’s luxury retailers are adapting to fewer wealthy Chinese shoppers visiting the city and a shift towards tourists flocking to Instagram-coveted spots …