Hong Kong's retail sector is seeing a significant influx of brands from Japan, South Korea, and Thailand, which now constitute 36% of new entrants. This trend marks a three-year high and coincides with a decrease in demand from mainland Chinese retailers. Notable new arrivals include Japanese fashion brand Cullni, second-hand goods retailer Ragtag, and South Korean footwear brand Khiho, signaling a recovery in tourism and retail. AI
RANK_REASON The article discusses retail trends and new store openings, which falls under the 'tool' category as it pertains to business operations and market activity rather than core AI developments.
- Causeway Bay
- Cullni
- Cushman & Wakefield
- Hong Kong
- Hysan Place
- K11 Musea
- Khiho
- RagTag
- Tsim Sha Tsui
- Wan Chai District
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