Fashion Brands Stationed In Hongkong Have Started The Price Adjustment Strategy.

Whenever Hongkong sends out a series of data, it always makes people sigh the difference of Hongkong road.

Hongkong, which has always relied on tourists to stimulate economic growth, has recently released data from the Tourism Development Bureau, showing the declining trend of "shopping paradise" today.

It is reported that in the first three months of this year, the number of mainland visitors to Hong Kong fell by 48% last month compared with the same period last year. This year, the number of visitors to Hong Kong has increased to 59% over the past three months.

Therefore, such a surprising decline has been described by critics as "cliff fall".

Although Hongkong wants to boost economic growth by revitalization of tourism, due to geopolitical reasons, visitors to Europe have fallen to freezing point. Hongkong is even more difficult to attract more tourists with strong spending power to visit Hong Kong.

From the end of last year, stationed in Hongkong.

The price adjustment strategy has been launched, and some products have been reduced by more than 30%.

The Prada, the first to hit the rocks, has been on sale for a long time, and there is no specific date.

After that, shops such as LV, Coach, Gucci and so on chose to rent out and withdraw, which aggravated the pressure of Hongkong's retail industry.

The next May 1 Golden Week was originally Asian.

The centre of Hongkong should have a more pleasant performance. But according to the recently released figures, this golden week will not make Hongkong retail any more.

In addition, Harbour City, which released its sales figures in February, has also regressed. Some people in the industry think this means that Hongkong is losing its status as an Asian luxury centre.

However, with the addition of the new tax system, Hongkong may be able to gradually recover growth in the future, but the prospect is still difficult.