City stores typically get 40-60% of their October sales during China's national day holidays
Sat, Oct 04, 2014 - 5:50 AM
OCCUPIED: A first-aid station outside a Fendi Spa store on Canton Road on Oct. 1. The protests are now threatening to exacerbate Hong Kong's slumping sales of jewellery, watches and other valuable gifts, which are headed for their biggest annual drop in at least a decade.
IMAGINE a Christmas shopping season with closed stores and customers stranded because cabs are nowhere in sight.
For retailers of Fendi bags and Rolex watches in Hong Kong, that's the type of nightmare unfolding as pro-democracy protests wreak havoc during one of the...