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Hello Kitty, farewell Rolex, as HK shoppers go downmarket

Russell Street is undergoing a major transformation. It is now home to discount cosmetics retailer company Bonjour Holdings that sells HK$58 packets of Hello Kitty false eyelashes.

Hong Kong

IN Hong Kong, fancy purses are out, sneakers are in.

US luxury handbag maker Coach Inc opened its four-story flagship store in the heart of Hong Kong's Central district to much fanfare in June 2008, with a celebrity-studded, champagne-fuelled party. In August, the company

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