Headlines

Coach Closing Hong Kong Flagship

Ends lease two years early

Published

9 years ago

August 27, 2015

Coach, Inc. (New York) announced it will close its Hong Kong flagship due to declining tourism in China. The company will still run 21 locations in Hong Kong.

Women’s Wear Daily reports that the four-story store located on Queens Road Central was meant to be leased until October 2017, but will now cease operations as of Aug. 31.

Victor Luis, ceo, stated on an earnings call to investors at the beginning of the month that the Chinese economic slowdown was already impacting the company.

MasterClass: ‘Re-Sparkling’ Retail: Using Store Design to Build Trust, Faith and Brand Loyalty

HOW CAN WE EMPOWER and inspire senior leaders to see design as an investment for future retail growth? This session, led by retail design expert Ian Johnston from Quinine Design, explores how physical stores remain unmatched in the ability to build trust, faith, and loyalty with your customers, ultimately driving shareholder value.

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