Prada to Open 8,000-Square-Feet Hong Kong Store After Years of Downsizing.

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  • Additional Information
    • Subject Terms:
      HERMES International SA; CHANEL SA
    • Abstract:
      Prada is set to open a new 8,000-square-foot store in Hong Kong's K11 Musea luxury shopping mall. This will be Prada's first major new store in Hong Kong in years, following the closure of its flagship store in Causeway Bay in 2020. The new store is expected to open early next year and will be partly based on store sales. The move reflects a trend of luxury brands returning to Hong Kong's core business districts due to lower property prices. Hong Kong's high-end shopping malls are investing in upgrades to attract wealthy residents and mainland tourists. [Extracted from the article]
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