Hysan's Lee Says Bricks and Mortar Stores Are Not Dead

The video discusses the impact of generational changes on the retail sector, particularly in Hong Kong, where the influx of mainland Chinese shoppers and rising sophistication have altered the market dynamics. It highlights the challenges faced by Hong Kong's retail infrastructure and the need for adaptation in the face of declining foot traffic. The discussion extends to the real estate market, examining the gap between expectations and reality, as seen in high-profile property sales and auctions. The importance of early adoption and the integration of bricks and mortar with online channels are emphasized as key strategies for success.

What is the speaker's perspective on the current state of retail foot traffic in Hong Kong?

What insights can be drawn from the failed sale of the Excelsior Hotel regarding market expectations?