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Sandy Li

Swire Properties says retail sales at the Pacific Place shopping mall dropped 6 per cent last year as foot traffic was hit by the Occupy Central protest.
Retail director Alvin Kong said the fall was mainly due to the impact of the protest in the fourth quarter.
"Sales were affected by the impact of vehicle flows as transportation became more inconvenient for shoppers," Kong said after the company's lion dance ceremony yesterday to mark the beginning of the year of the goat. "But overall sales have returned to normal."
Sales at its Cityplaza mall in Taikoo Shing eased 0.4 per cent last year due to extensive renovations.
"The makeover at Cityplaza will be completed soon," Kong said. "More new brands will be added."
Cityplaza's HK$100 million facelift, which began early last year, is designed to bring in more children's wear and cosmetic brands.
Separately, Sun Hung Kai Properties recorded brisk sales at its shopping malls in the lead-up to and during the Lunar New Year holiday.
Maureen Fung Sau-yim, a general manager of leasing at Sun Hung Kai Real Estate Agency, said the 12 shopping malls under her management pulled in sales of HK$430 million in the 10 days to Sunday.
"Sales increased 18 per cent compared with the same period last year," Fung said.
More than 16.3 million people visited the 12 malls, which include APM mall in Kwun Tong, Tai Po Mega Mall and the Sun Arcade in Tsim Sha Tsui.
Fung said shops selling watches and jewellery, fashion and audio-visual goods did well at APM, along with restaurants.
Average spending among shoppers at APM was HK$5,000 to HK$10,000 for watches and jewellery, up 10 per cent from the same period last year, and HK$1,000 to HK$3,000 for clothes and shoes.


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Retail properties

Pacific Place sales down 6pc last year due to Occupy Central protest

To mark the beginning of the year of the goat, A. Testoni general manager Ann Lee (from left), Alvin Kong, Pacific Place general manager Christopher Heywood and Fendi's Asia-Pacific president Gianfilippo Testa host Swire's lion dance ceremony at Pacific Place. Photo: SCMP Pictures

.css-sioo19{color:#c79a00;}New | Pacific Place sales down 6pc last year due to Occupy Central protest

New | Pacific Place sales down 6pc last year due to Occupy Central protest