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Agenda-setting intelligence, analysis and advice for the global fashion community.

Where Global Brands Are Moving Their Asia-Pacific Headquarters

The pandemic and conflict between pro-democracy protesters and the government have dealt a severe blow to Hong Kong’s status as a corporate hub. Shanghai and Singapore will benefit most.
Pedestrians wait to cross a road in front of the Cheung Kong Centre building in the Central district of Hong Kong, China. Getty Images.
Pedestrians wait to cross a road in front of the Cheung Kong Centre building in the Central district of Hong Kong, China. Getty Images.

In a striking sign of how hard Asia’s one-time luxury capital has been hit by Covid-19 and instability linked to pro-democracy protests, new data from Euromonitor reveals that Hong Kong’s luxury market has now been

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