Clock ticking on Hong Kong luxury store closures if protests continue – it could end up like a third-tier city in China, LVMH executive says — Vincenzo La Torre

• Hong Kong is the most important market in Asia for luxury brands – as a stepping stone to mainland China and a magnet for shoppers from there and wider region
• Brands are unlikely to invest more in the city now, and could start downsizing as soon as January, an adviser to the luxury retail industry says

South China Morning Post
Clock ticking on Hong Kong luxury store closures if protests continue – it could end up like a third-tier city in China, LVMH executive says
Vincenzo La Torre

See also

Backgrounder

Global Research
The History of Hong Kong, Britain’s Colonial Legacy. Fast Forward to 2019

Larry Romanoff