Rental revenue from Hong Kong-listed Hang Lung Group's mainland luxury malls fell 4 per cent in 2024 "amid fierce price promotions", while the occupancy rate at its Wuhan branch dropped to 85 per ...

French luxury group Kering closed two Gucci stores in Shanghai last month – in Réel Department Store near the landmark Jing’an Temple and New World Daimaru on the city’s busiest shopping st ...