Hong Kong retailers stage unprecedented strikeChristian Fernsby ▼ | February 18, 2020
Fifty retailers shut their fashion outlets, restaurants and cafes in Hong Kong today in an unprecedented strike to demand rental cuts.
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Topics: Hong Kong retail strike
Some of the shops said they would be shut for 24 hours, while others announced temporary closures without stating a time limit.
“The last seven months of losses have become unbearable for many of us,” said Ashley Micklewright, president and chief executive at Bluebell Group, a distributor of luxury brands including Moschino, Davidoff and Anya Hindmarch.
“The impact on the business and traffic is far worse than anything we have ever experienced.” ■