British luxury department store chain Harvey Nichols is to shut its big flagship store at the Landmark in Hong Kong’s Central early next year after operating it for nearly 20 years. The multi-storey 5,574-square-meter hero retail space is located on one of Hong Kong’s busiest streets and in one of the city’s most prestigious malls.
The Jing Take
Being in the heart of Hong Kong’s affluent Central shopping district since 2005, the store has weathered many shifting economic tides over the years brought on by years of political protests and then a pandemic. Owned by Dickson Concepts, the establishment is set to depart its prestigious location by March, amid a changing landscape of consumer spending in Hong Kong.