Mainland Chinese retail brands

Mainland Chinese non-food and beverage (fashion and beauty) retailers are driving Hong Kong's retail recovery, helping landlords fill vacancies. JLL reports over 20% of new retail market entrants in the first four months were mainland brands, signaling a shift in retail trends.

Hong Kong's retail recovery is being driven by mainland Chinese brands, with non-food and beverage sectors like fashion and beauty expanding their presence. This shift helps landlords fill vacancies in an unevenly recovering retail market, according to JLL.