Harbour City Archives - Page 11 of 11 - Inside Retail Asia

Giant IFS malls sprout in China

Listed Hong Kong property developer The Wharf Holdings has two IFS malls under construction in fast-growing Chinese cities.

Harbour City mall boosts market share

Hong Kong’s Harbour City mall achieved sales growth of 3.4 per cent in 2014 to set another record: HK$35 billion.

Hong Kong mall coated in chocolate

Hong Kong’s Harbour City shopping centre is hosting its sixth annual Chocolate Trail until March 1. For five weeks Hong Kong’s largest shopping destination has been transformed into ‘ChocoLand’, offering visitors a unique ‘Bean-To-Bar’ journey to deepen their appreciation of how premium chocolate is produced and how to ‘maximise the tasting pleasure’. Chocolate Trail highlights will include an immersive and educational Chocolate Factory installation, chocolate workshops and s…

Christmas in Hong Kong

Landmark is going French; Harbour City is opening a train station. That’s how two of Hong Kong’s best-known upmarket malls are marking Christmas 2014. Landmark’s ‘French family’ comprises a group of figurines , centreplace in what the mall management describes as a “magical Parisian chic Christmas extravaganza”. This season, Landmark has been transformed into a ‘mini Paris’ complete with Parisian figurine characters that represent a ‘typical’ French family “and remi…

Fitch sounds warning on Hong Kong retail

First Hong Kong lost its mantle as the world leader in retail rents. Now the global ratings agency Fitch has issued a chilling warning. Fitch said in a statement Thursday that street-level shops in Hong Kong’s prime areas are vulnerable to the persistent weakness in luxury retail sales and their rents will likely decline at double-digit rates in 2015. In contrast, shopping malls with well-established tenant mixes could outperform the market with flat to slightly positive rental growth in 2…

Page One opens flagship

Bookstore Page One is bucking the trend of books sellers closing shops due to fierce online competition and changing reading habits. Page One is opening a 35,000 sqft flagship store at Harbour City in Hong Kong that will include a retail and lifestyle area, bakery and restaurant. It will also have an exhibition area dedicated to artists and organisations who wish to display their works. Founder Mark Tan said he remains optimistic about the potential of book stores even though more and m…

La Perla opens Hong Kong, Macau stores

Italian luxury lingerie retailer La Perla continues its international expansion with new stores in Hong Kong and Macau. The Hong Kong store is located at the Harbour City and the Macau store is at The Venetian Resort. The stores feature a concept designed by architect Roberto Baciocchi, showcasing ultra feminine range of colour shades, from pale blue, through dusky pink to daffodil yellow. La Perla is now owned by Silvio Scaglia, Italian entrepreneur and owner of Pacific Capital, who ac…

Fauchon adds Hong Kong boutique

French gourmet food company Fauchon has opened its second boutique in Hong Kong. Located at Gateway Arcade in Harbour City, the store spans 486 sqft and offers a selection of 150 gourmet products including macarons, éclairs, chocolates, exotic teas, jams, and biscuits and savoury delicacies including truffles, terrines and foie gras. “Hong Kong is a key territory for Fauchon’s strategic development in Asia and we are already planning to further grow our footprint in the city over the …

Wharf to open Chengdu mall

Hong Kong company Wharf Holdings is set to open a mall in Chengdu, China. Opening in January, the Chengdu mall will span 210,000 sqm and house around 300 stores. The shopping mall is part of 760,000 sqm Chengdu International Finance Square, which also comprises office building, five-star hotel and luxury residential units. Chengdu International Finance Square is Wharf’s first big project in mainland. It also plans to develop more projects in Chongqing, Wuxi, Changsha and Suzhou. Whar…

Spanish womenswear brand hits Hong Kong

Spanish womenswear brand Hoss Intropia has opened its first store in Hong Kong. Located inside the Harbour City mall, the 100sqm store features an interior of floral motifs and gilt detail on furnishings, all designed by Marisa Burgaleta. The Hong Kong store is part of the brand’s development strategy in China, where it plans to open eight stores over the next three years. Next year will see openings in Macau and Chengdu, Guangzhou and Hong Kong in 2015 and Shenzhen and Wuhan in 2016. …

Wharf Holdings sees modest profit growth

Hong Kong property company Wharf Holdings says core profit grew modestly in the first half. The company, which owns shopping centres including Harbour City, Plaza Hollywood, Ocean Terminal and Times Square in Hong Kong, has seen its first half core profit grow by five per cent to $5.7 billion. It says its Hong Kong and China properties accounted for 56 per cent of its core profit. Wharf Holdings is confident that rental growth at shopping centres will remain strong. “We do not see sl…

Superga enters Hong Kong

Italian shoe brand opens at Harbour City.