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Harvey Nichols’ closure highlights shifting luxury landscape in Hong Kong

Inside Retail

Hong Kong’s luxury retailers are adapting to fewer wealthy Chinese shoppers visiting the city and a shift towards tourists flocking to Instagram-coveted spots in trendy districts rather than splashing out on pricey branded gear. British luxury department store Harvey Nichols is at the forefront of the changes.

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How Amazon more than tripled its profits in Q1

Inside Retail

They are now so big and so powerful that Amazon is the default,” Nathan Bush, director of e-commerce strategy at eSuite, told Inside Retail. “Many domestic retailers were not strong on digital, especially department stores which offer similar home product ranges,” she told Inside Retail. .

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What Is Visual Merchandising?

Creative Displays Now

It’s a crucial strategy to make your products stand out in a competitive retail space. This practice took off in the 19th century after department store window displays became popular. The initial focus was to attract customers into the store. In-Store Shopping Experience. Window Displays.