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Retail Asia23/04/2021

Two-thirds of retail strips in Asia Pacific saw rental declines in 2020, with Causeway Bay in Hong Kong experiencing the steepest decline at 43%, according to Cushman & Wakefield’s latest Asia Pacific Main Streets Report. Causeway Bay had been #1 across the globe in retail rental value in the last 2 years. Yet, its position […]

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Retail Asia03/05/2019

Italian fashion brand Calzedonia has reportedly renewed its Causeway Bay lease at a 15 per cent increase. According to reports in business media, the firm re-signed for the 400sqft retail space with just a month to spare on its existing contract at a cost of HK$9 million (US$1.15 million) for one year on the world’s […]

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Retail Asia01/05/2019

Samsung Galaxy Studio pop up in Causeway Bay marks the Galaxy S series’ 10th anniversary smartphone. Interactive digital lights in the studio allowing participants to create visually stunning motion images responding to their own heart rates and eye images in order to demonstrate the quality of the latest Galaxy S10 phone camera. Every participant visiting […]

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Retail Asia12/03/2019

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The world’s largest Crème de la Mer jar will land in Hong Kong at T Galleria Beauty by DFS, Hong Kong, Causeway Bay on March 1. In partnership with DFS, the world’s leading luxury travel retailer, La Mer, is celebrating the iconic and transformative Crème de la Mer moisturizer with a larger-than-life installation of a […]

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Retail Asia19/02/2019

This February, foodies in Hong Kong will salivate over scrumptious treats and desserts at eat darling eat, the new Causeway bay eatery that is bringing a playful twist on iconic Chinese desserts to spread love and evoke warm childhood memories. The 1,300 ft design-centric space is bold, surreal and out of the ordinary, sharing an […]

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Retail Asia06/02/2019

Giorgio Armani Beauty is starting the year of 2019 strong by collaborating with DFS on celebrating Chinese New Year. In January, Giorgio Armani Beauty launched its first Chinese New Year pop-up stores at T Galleria Beauty By DFS, Causeway Bay and T Galleria By DFS, Canton Road respectively. Iconizing the brand’s 3 star products – […]

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Retail Asia01/02/2019

The Mills officially opened at the end of 2018, becoming a new landmark that combines historical and cultural retailing, attracting a number of local brands in Hong Kong. The Mills is a revitalization project from Nan Fung Group scheduled for completion and actually completed in 2018. A destination consisting of a business incubator, experiential retail, […]

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Retail Asia18/12/2018

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Russell Street in Hong Kong’s Causeway Bay district has replaced New York’s Upper 5th Avenue as the world’s most expensive retail street by rental value, according to property consultants Cushman & Wakefield. For the first time in five years, the city has regained the crown, with average annual rents of US$2,671 per square foot (HK$20,953) despite a […]

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Retail Asia15/11/2018

Causeway Bay in Hong Kong is now home to the world’s most expensive retail space. According to the annual Cushman & Wakefield survey of high-street retail rents, Causeway Bay has overtaken New York’s Fifth Avenue for the top spot, with rents of US$2671 per sqft per year, or €24,606 per sqm per year. The calculations […]

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Retail Asia28/12/2016

Baby Milo has opened a pair of pop-up locations in Tokyo this week, as well as a Hong Kong location over the weekend. Parent brand A Bathing Bape has begun opening Baby Milo stores across Japan (Harajuku and Shibuya), Hong Kong and China this past weekend, signalling the Japanese novelty brand’s latest push into major […]

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Retail Asia10/12/2016

A “new wave” of Hong Kong store closures lies ahead, because many retailers have over-extended their footprints, says OC&C Strategy’s Pascal Martin. Commenting on the sudden closure of the Ralph Lauren flagship store in Causeway Bay this week, Martin said there will be a continuing wave of closures for the next one to two years […]

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Retail Asia09/12/2016

Following other international fashion labels, Ralph Lauren Hong Kong has closed its flagship store. Four years ago, its then CEO Ralph Lauren said the company was transforming its presence in China, “a region we believe will become an important driver of growth for us over the long term”. He was announcing plans to open 60 […]

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Retail Asia21/11/2016

Tokyo’s Ginza has overtaken Sydney into second spot behind Causeway Bay in the latest DTZ/Cushman & Wakefield Asian retail rent rankings. The annual Main Streets Across the World report tracks 462 of the top retail streets around the globe, ranking them by their prime rental value. Globally just 36 per cent of the markets witnessed […]

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Retail Asia17/11/2016

The prime shopping hubs of Causeway Bay and Tsim Sha Tsui, among the most expensive in Hong Kong in terms of rental costs, remain attractive for retailers amid overall sluggishness in the sector. Retail rents in Causeway Bay fell 8 per cent in the rental index in the third quarter and 10 per cent in […]

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Retail Asia03/11/2016

Nothing lasts forever. Fashion retailer Forever 21 is to withdraw from its Causeway Bay mega flagship store, billed as the most expensive commercial store by rent in Hong Kong. The iconic location on Jardine Crescent, which serves as a meeting point for young locals who seek to avoid the hordes of mainlanders outside Sogo, will […]

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Retail Asia20/10/2016

Twilight has come for the retail industry in Hong Kong, said cosmetic outlet operator Sa Sa International (0178) chairman Simon Kwok Siu-ming, although he remains optimistic of better days ahead. The week-long national holiday saw improved sales for the firm, and he hopes the uptrend is sustainable for the rest of the year, especially during […]

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Retail Asia06/10/2016

Hong Kong may no longer be the darling of European luxury brands after the combined effect of a slower local economy and fewer mainland shoppers as a result of Beijing’s anti-corruption crack down, but the city is still magnet for less expensive luxury brands and mid-priced retailers. Retail sales have seen an 18 month-long nosedive, […]

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Retail Asia14/09/2016

Kingdom Jewellery is trying to stand out among the eerily quiet luxury stores in Hong Kong’s Causeway Bay, once the world’s most expensive shopping district in terms of rents. But while it has hung signs promoting a “crazy sale” and payment by installments in the window, buyers are still scarce. “Our customer flow has dropped […]

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Retail Asia01/09/2016

Unmanned aerial vehicle (UAV) technology company DJI Hong Kong is about to open a flagship store featuring flight cages, experience zones, an aerial photo gallery, technical support centre and its full range of consumer and professional products. In Causeway Bay, the three-storey store, covering more than 10,000 sqft (930 sqm) will open at the end […]

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Retail Asia17/08/2016

Lifestyle International (1212) non- executive chairman Thomas Lau Luen- hung said the company is looking to open a third SOGO department store in Hong Kong and expects the investment to be no less than HK$5 billion. There are so far two SOGO branches in Hong Kong, one in Causeway Bay and one in Tsim Sha […]

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