Shoppers in protective masks cross the road in front of the Sogo department store in Causeway Bay. Photo: Edmond So Shoppers in protective masks cross the road in front of the Sogo department store in Causeway Bay. Photo: Edmond So
Shoppers in protective masks cross the road in front of the Sogo department store in Causeway Bay. Photo: Edmond So

No chance of recovery for Hong Kong’s stricken retail sector this year, says operator of Sogo department stores

  • The ‘deeply pessimistic’ view came as Lifestyle International reported a net loss of HK$227 million for the first half, versus profit of HK$1.29 billion a year ago
  • The pandemic will continue to weigh on consumer sentiment and inbound tourism, says executive director of Lifestyle, which runs the Japanese-style stores in Causeway Bay and Tsim Sha Tsui

Topic |   Coronavirus pandemic
Shoppers in protective masks cross the road in front of the Sogo department store in Causeway Bay. Photo: Edmond So Shoppers in protective masks cross the road in front of the Sogo department store in Causeway Bay. Photo: Edmond So
Shoppers in protective masks cross the road in front of the Sogo department store in Causeway Bay. Photo: Edmond So
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