Hong Kong

Its physical store is expected to open in October 2022.

The recycling programme in Hong Kong is in partnership with L’Oréal.

New York, Paris, and London topped the ranking.

The bag was designed by Japanese denim label FDMTL.

Local epidemic situation dampened consumption confidence

But tourist demand is expected to remain muted in the coming months.

Some 55% respondents expressed confidence that they can overcome the fifth wave.

The service will initially be piloted at 20 stores in the city.

The JV with Lagardere Travel Retail also seeks to expand their duty-free operations.

Catering to customers’ “craving” moments is key to business growth.

The amount of support will be based on the individual circumstances of tenants.

Retail sales growth is expected to be lower in 2022 at 7%.

The retail sales value, however, was 27.3% below the 2018 level.

Only 26% are confident on the revenue on dine-in operations in the CNY.

Surprisingly, retailers will need to cater more to the 62.1% of Hong Kongers who prefer to shop in-store.

The company stepped up to drive positive change amidst the global pandemic by guiding citizens to take action on their physical, mental, and social wellbeing.