https://www.scmp.com/rss/324312/feed James Assersohn is a director of Asia-Pacific retail at JLL en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Retail sales in Hong Kong are recovering strongly this year after a slump that began in 2016, as mainland Chinese visitors return to the city, spurring retailers to again think about investing in new premises. In the first two months of this year, sales rose 15.7 per cent from the same period a year earlier, a stark contrast to what we saw through the majority of 2016 and parts of 2017, when retailers experienced sharp declines in their revenue, in some cases by up to 50 per cent as mainland... https://www.scmp.com/property/hong-kong-china/article/2144034/hong-kong-sales-rebound-has-retailers-looking-anew?utm_source=rss_feed https://www.scmp.com/property/hong-kong-china/article/2144034/hong-kong-sales-rebound-has-retailers-looking-anew?utm_source=rss_feed Mon, 30 Apr 2018 08:00:30 +0000 For a long time Hong Kong was a shopper’s paradise, with flagship stores of international brands found nowhere else in Asia backed up by an amazing restaurant scene. It was cool and had an excitement about it that attracted over 3 million Chinese tourists every month to shop, eat and shop some more. This surge of Chinese money led to a colossal boom to the retail industry, and for many global retailers Hong Kong had the most productive stores globally. However the last 23 consecutive months have... https://www.scmp.com/property/hong-kong-china/article/2090122/three-ways-hong-kong-can-turn-around-its-retail-fortunes?utm_source=rss_feed https://www.scmp.com/property/hong-kong-china/article/2090122/three-ways-hong-kong-can-turn-around-its-retail-fortunes?utm_source=rss_feed Tue, 25 Apr 2017 04:02:26 +0000