Gucci Owner Calls for Hong Kong Rent Cuts as Market Wilts – Bloomberg Business – Bloomberg

Gucci Owner Calls for Hong Kong Rent Cuts as Market Wilts – Bloomberg Business
Bloomberg
Luxury companies including Kering SA are demanding lower Hong Kong store rents to reflect the island city’s waning appeal with wealthy Chinese shoppers. The owner of the Gucci brand may close some of its shops there if those costs don’t come down, …

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From:: Hong Kong News By Google News

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