Hong Kong’s Retail Catastrophe

The transcript discusses the challenges faced by retailers, including planned job cuts and store closures due to a crisis. It highlights the importance of the festive season for sales, which is being affected by ongoing protests. The discussion also touches on the changing retail landscape in Hong Kong, questioning its future as a luxury hub without Chinese consumer demand.

In what ways has the perception of Hong Kong as a luxury retail hub changed?

What challenges do retailers face with the decline of Chinese consumers in Hong Kong?