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Growth in overnight Mainland visitors to Hong Kong has slumped to a fraction of last year’s figures. Total visitor numbers from China’s Mainland in May rose by five per cent year on year – but it’s the day trippers making the numbers, not the cashed up…
Burberry Korea is under fire for cutting prices “too little, too late”. It’s not the first time Burberry has been criticised for its Asian pricing strategy. Last May, Jack Chuang, a partner with Hong Kong-headquartered OC&C Strategy Consultants, said that of…
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…
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