An increasing number of international brands are closing unprofitable stores and focus on core competencies. Photo: Bloomberg
An increasing number of international brands are closing unprofitable stores and focus on core competencies. Photo: Bloomberg

new | International brands shun shops and build China presence online

Trend towards e-commerce makes it harder for landlords to find international retail tenants

An increasing number of international brands are closing unprofitable stores and focus on core competencies. Photo: Bloomberg
An increasing number of international brands are closing unprofitable stores and focus on core competencies. Photo: Bloomberg
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