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  • September 23, 2014
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  1. City's retail rents hitting top of curve

    Posted May 30th 2012, 12:00am

    ... Yvonne Liu Yvonne.liu@scmp.com The slowdown in economic growth on the mainland and in Hong Kong, and in the growth of visitor arrivals, could signal an end to the sharp increase in retail rents, say analysts. After almost doubling in the last three years as retailers scrambled for prominent locations in tourist hot spots, rents in prime Hong Kong shopping districts are now likely ...

  2. Rally over 'photo ban' shuts retailer

    Posted Jan 09th 2012, 12:00am

    ... and it should be regarded as a gesture of appreciation. A sociologist said the protest indicated resentment among some locals against big businesses and luxury retailers. 'The huge crowd reflects ...

  3. Keep our precious waterfront free from sterile retail shops targeting tourists

    Posted Sep 02nd 2011, 12:00am

    ... the Tourism Commission is fixated on retail. It cannot conceive of any plan that does not revolve around shops. The responses to the two gazettes on the future of the piazza have never been made ... Kong's most beloved icon and a must-see for all tourists, so the pier should be declared a public monument with full protection and be carefully renovated. As for plans to expand retail ...

  4. Rents drive retailers upstairs

    Posted May 25th 2011, 12:00am

    ... Yvonne Liu yvonne.liu@scmp.com Rising street-front shop rentals in Hong Kong are forcing retailers to look for cheaper upstairs outlets- a trend that has allowed landlords to increase their rental income by converting former office buildings into 'Ginza-style' retail complexes. Among the high-profile victims of the trend is Agnes b. le Pain Grille the first restaurant ...

  5. Visitors reshaping the retail landscape

    Posted Mar 07th 2011, 12:00am by Sandy Li

    ... Sandy Li Hong Kong's retail market is undergoing a dramatic facelift because of the growing might of mainland shoppers. The currency-driven transformation of the sector is forcing an exodus of noodle-bars and mass retailers selling clothes and shoes from the prime shopping precincts of Tsim Sha Tsui, Causeway Bay and Central, as traditional tenants targeting local shoppers ...

  6. Retailers hoping for golden week in holiday sales

    Posted Oct 02nd 2009, 12:00am by Agnes Lam, Sandy Li

    ... Sandy Li and Agnes Lam The tills at retailers are expected to ring merrily over the Golden Week holiday as the city's leading shopping centre operators shower affluent mainlanders with free gifts and offer diamond rings and cosmetics for just HK$1. Retailers selling jewellery, watches, digital cameras, computers, mobile telephones and cosmetics are expected to be the primary ...

  7. Rising rents shake up retail sector

    Posted Aug 19th 2009, 12:00am by Yvonne Liu

    ... Yvonne Liu Falling sales and rising rents are forcing a shake-up of Hong Kong's retail sector as underperforming retailers are forced to shut outlets in prime locations and move to cheaper outlying areas. The exodus has left retailers of luxury branded merchandise favoured by mainland buyers, such as watches and jewellery, to take up the space vacated by outlets that cater ...

  8. Chinese Estates selling six retail shops in Causeway Bay

    Posted Aug 05th 2009, 12:00am by Yvonne Liu

    ... Yvonne Liu Property developer Chinese Estates Holdings plans to sell its retail shops in Causeway Bay, worth an estimated HK$2 billion, according to property agents. The company ... They said Chinese Estates planned to sell six retail shops at 24-26 East Point Road in Causeway Bay. But the plan did not include its Laforet shopping centre. The interested parties could buy ...

  9. Foreign retail chains enticed by lower rents

    Posted Mar 02nd 2009, 12:00am by Sandy Li

    ... Sandy Li Falling shop rents in Hong Kong have intensified competition in the retail sector by prompting international retail chains to expand their presence in the city while also luring ... familiar with the plan, while Canada's largest shoe retailer, Aldo, will open its first Hong Kong outlet at Sun Hung Kai Properties' IFC mall in April. Aldo has 840 retail stores across ...

  10. Retail activity continues to fall

    Posted Jun 20th 2007, 12:00am by Yvonne Liu

    ... Yvonne Liu Trading activity in retail properties will continue to fall across the city but shops along prime streets in core business districts will be exceptions, according to property agents. 'Investors looked for retail shops everywhere in 1997 and also a few years ago,' said Pierre Wong, chief executive at Midland Realty's commercial and industrial division. ...




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