Lush’s five-year lease for the store, which covered about 7,000 sq ft, was expiring at the end of August. Photo: Pearl Liu Lush’s five-year lease for the store, which covered about 7,000 sq ft, was expiring at the end of August. Photo: Pearl Liu
Lush’s five-year lease for the store, which covered about 7,000 sq ft, was expiring at the end of August. Photo: Pearl Liu
Business /  Companies

exclusive | Lush, known for its handmade soaps and shampoos, shuts five-storey shop in further blow to Hong Kong retail property sector

  • British company posted an operating loss of US$4.99 million for 2018-2019, and founder Mark Constantine has warned of a further decline because of the pandemic
  • Companies do not need more than three stores to serve ‘just locals’, analyst says

Topic |   Retail properties
Pearl LiuLam Ka-sing
Pearl Liu and Lam Ka-sing

Updated: 6:19pm, 7 Jul, 2020

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Lush’s five-year lease for the store, which covered about 7,000 sq ft, was expiring at the end of August. Photo: Pearl Liu Lush’s five-year lease for the store, which covered about 7,000 sq ft, was expiring at the end of August. Photo: Pearl Liu
Lush’s five-year lease for the store, which covered about 7,000 sq ft, was expiring at the end of August. Photo: Pearl Liu
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