H.K. Retailers Are Striving for Survival: Retail Management Association

The transcript discusses the severe impact of the coronavirus pandemic on Hong Kong's retail sector, highlighting the high cost of rent and the challenges faced by luxury retailers. It emphasizes the dependency on tourism, which has been disrupted by both the pandemic and social unrest. The shift towards online business is noted as a necessary adaptation, while the future of retail remains uncertain due to ongoing political instability.

What are the expectations for recovery in the luxury retail segment post-pandemic?

What role does tourism play in the retail sector's performance in Hong Kong?

How have consumer habits changed in Hong Kong's retail environment during the pandemic?