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New Business

Wharf REIC slips into losses as Hong Kong’s property rebound stalls, retail sales weaken

Wharf Real Estate Investment Company (REIC), one of Hong Kong’s biggest commercial landlords, slipped into a loss in the first…

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New Business

Hong Kong retail: Prada to open 8,000 sq ft store in K11 Musea after years of downsizing

Prada is renting an 8,000 sq ft store in K11 Musea, a harbourfront luxury shopping centre by New World Development,…

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New Business

Luxury brands in China take hit on low consumer confidence as economy slows

China’s slowing growth has begun to weigh on luxury brands such as LVMH and Chow Tai Fook, as consumers in…

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