MILAN — Hong Kong’s luxury retailers have been hard hit by pro-democracy protests, which a new study says will permanently change the map of Asian high-end retail.
The study by Bain consultancy released Thursday says that political unrest has cost 2 billion euros ($2.2 billion) in Hong Kong sales this year.
Your tax-deductible donation to The Columbian’s Community Funded Journalism program will contribute to better local reporting on key issues, including homelessness, housing, transportation and the environment. Reporters will focus on narrative, investigative and data-driven storytelling.
Local journalism needs your help. It’s an essential part of a healthy community and a healthy democracy.
