The Tiffany and Co shop in Hong Kong's Times Square. Photo: Shutterstock

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Luxury brands in Hong Kongi

Hong Kong has been a hub for luxury shopping in Asia for years, with Russell Street in Causeway Bay frequently crowned the world’s most expensive retail rental location. But sky-high rents, the anti-government protests of 2019 and more recently the coronavirus pandemic have seen some luxury brands close their flagship stores in the city.

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  • A presence in Hong Kong since the 90s, Manolo Blahnik opened just opened a new boutique in Lee Gardens One – commemorated by an exclusive Pitita shoe – with a second address coming soon to Pacific Place
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The Swiss luxury brand recently auctioned 11 suitcases, each containing 11 MoonSwatch Moonshine Gold Hong Kong edition watches via Sotheby’s as part of its CSR efforts to support Orbis.

Kenzo has dragon embroidery on a bomber jacket and denim jacket, while Canada Goose keeps things understated with just a hint of red in its Heirloom Mystique parka – great for a skiing holiday

The Dragon year might be the year of the sneaker too: we’ve got our eye on these stylish new shoes for Lunar New Year celebrations, by luxury brands like Burberry and Tory Burch

A shortage in manpower and rising costs are leading to the widespread adoption of automation in the jewellery manufacturing sector, with top maisons now using robots for diamond cutting and polishing

Hong Kong’s luxury retail market is likely to regain some lost ground in 2024, say observers, as high-end brands return after an exodus sparked by 2019’s street protests and three years of pandemic restrictions.

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French high perfumer Henry Jacques’ latest line of luxury travel accessories, HJ Voyage, makes the perfect Christmas gifts for your jet-setting friends who wish to travel in style

Keep the little ones happy and wrapped up warm by going for cuddly gifts they’ll actually use – our top picks for any cool kiddo in your life include a faux shearling tote, and a cosy scarf that will go with practically anything

Actress Anne Hathaway fronts the collection centred on light, wearing Serpenti and Diva Dreams jewellery, and even statement pieces in Christmas hues

Artist Rajiv Surendra created a hand-drawn forest scene to adorn the store’s holiday packaging, while stores will also offer special festive offerings including curated gift sets of brand-name beauty products

Kuok Hui Kwong opened a Xiaohongshu account in October 2021, offering an insight into her life and thoughts. If there was one valuable lesson the Shangri-la heiress learned during the pandemic, it was the importance of telling a complete and authentic story to her audience.

Swiss luxury watch brand Audemars Piguet became the latest tenant to sign up for space at The Henderson in Central, lifting the occupancy of Henderson Land’s flagship commercial building to about 50 per cent.

The crisis in China’s real estate sector and high youth unemployment are among concerns weighing on consumer spending, according to a PwC report published on Tuesday.

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Since mainland China dropped all its travel curbs, the heads of the world’s most recognisable luxury brands have been making a beeline there, with French billionaire Bernard Arnault, the chairman and CEO of LVMH, the latest to make a high-profile visit.

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Chinese shoppers see little reason to travel abroad for a luxury spending spree, with Hainan’s duty-free mall takings 203 per cent above 2019 levels – so what does that mean for LVMH et al?

The brand’s ‘Garden of Delights’ jewellery collection was just one of the bright attractions as it opened its remodelled Tsim Sha Tsui flagship store

Hong Kong companies have reason to be optimistic about the return of Greater Bay Area’s (GBA) affluent tourists, but McKinsey & Company cautions that the city no longer is the no-brainer shopping destination, as Hainan and “daigou” become increasingly popular.

The Hermès Birkin bag saw returns of 38 per cent on average in 2020 – the highest of all luxury bag collectibles – and prices rise every year. The Kelly is a good option, too.

As many retailers expand their online stores to attract customers, Britain’s most famous grocer Fortnum & Mason believes the future of premium goods and services is all about bringing customers unique in-store experiences.

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It will take almost a year for luxury spending in Hong Kong to return to that of the first half of 2019, experts predict, hampered by logistical issues, closed-down stores – and Hainan’s rise.

A handbag that can keep you warm? Teddy coats have been a street style must-have recently, so it’s no surprise that luxury fashion houses have created shearling accessories too

Hysan Development will spend HK$2 billion (US$256.2 million) to upgrade its Lee Gardens commercial portfolio in Hong Kong’s Causeway Bay and turn it into a one-stop luxury shopping destination.

Restaurants, mask vendors and Asian brands that mainly cater to Hongkongers have snapped up retail spaces left empty by upmarket Western brands such as Prada and Victoria’s Secrets.

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The luxury Italian fashion house beloved by Kendall Jenner is already worth more than US$14 billion, but Prada is hoping to raise at least US$1 billion with a new dual listing in Milan