Causeway Bay Archives - Inside Retail Asia
Italian fashion brand Calzedonia has reportedly renewed its Causeway Bay retail lease at a 15 per cent increase.
Colliers predicts high-street Kowloon retail rents will rise 5 per cent in Mong Kok this year and 3 per cent in Tsim Sha Tsui.
Despite plummeting retail rents in Hong Kong, Causeway Bay has retained its ranking as Asia’s most expensive retail strip.
Swatch Group has secured two prime Central stores at rental rates less than half the previous tenants were paying.
A “new wave” of Hong Kong store closures lies ahead, predicts OC&C Strategy’s Pascal Martin, because retailers have over-extended their footprints there.
Tokyo’s Ginza has overtaken Sydney into second spot behind Causeway Bay in the latest DTZ/Cushman & Wakefield Asian retail rent rankings.
Taiwanese-headquartered collectibles and toys retailer Beast Kingdom has opened its second second store in Hong Kong.
As luxury brands are hit by a depressed world economy and a drop in tourists, some of Hong Kong’s glitziest shopping precincts are likely to turn to mass-market retail.
Malaysian restaurant chain group PappaRich has opened its first Hong Kong outlet, marking a strategic move in its Asian expansion.
Ofee jewellery brand from France enters Asia with its first boutique store in Hong Kong.
Causeway Bay retail rents remain the world’s second most expensive despite recent reductions.
The new H&M Hong Kong flagship store set to open on October 30 will be the Swedish fashion brand’s largest yet in Asia.