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Schiaparelli picks Hong Kong’s Landmark for first flagship Asian store

Schiaparelli, a fashion house known for its unique and surreal designs, is set to make its Asian debut with a…

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New Business

Signs of bottoming appear in China’s luxury slowdown, as LVMH turns cautiously upbeat

China’s luxury market could be nearing the end of its slowdown, as improving stock prices and pent-up demand begin to…

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New Business

100% rent hike forces Prince Jewellery to leave Hong Kong’s Russell Street after 21 years

Russell Street in Causeway Bay, one of Hong Kong’s most expensive retail strips, has been witnessing a rapid churn in…

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New Business

Luxury malls in Beijing, Shanghai slash rents, change tenant mix as consumer spending dips

A slowdown in Chinese consumer spending on luxury goods is affecting high-end malls in Beijing and Shanghai, with shopping centres…

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New Business

Exclusive | Futu rents prime Causeway Bay address as online broker prepares for stock market bonanza

Futu Securities International (Hong Kong) has scooped up a prime retail space in Hong Kong’s Causeway Bay, according to market…

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New Business

Gucci, Prada close more China outlets as consumers cut luxury spending

Global luxury retailers are hastening their retreat from China by shutting stores in high-end shopping malls across major mainland cities,…

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New Business

Estée Lauder, L’Oreal suffer as global brands’ lustre fades in China

Multinational companies (MNCs) are losing ground in China as their “halo effect” fades amid rising competition and a consumer spending…

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