Sunday, 30 November 2014

Hong Kong counts cost of protests on city's core shopping districts

Sales persons wait for customers at a jewelry store at a road occupied by pro-democracy protesters at Mongkok shopping district in Hong Kong By Anne Marie Roantree HONG KONG (Reuters) - Hong Kong is expected to report a drop in October retail sales on Monday, providing the first broad look at the impact of pro-democracy protests on core shopping areas after demonstrators blocked key roads and scared off mainland Chinese tourists. Protests began choking parts of the Asia financial center in late September, disrupting business in one of the world's key markets for luxury companies such as Prada SpA, Burberry and Gucci owner Kering. Three analysts contacted by Reuters forecast falls in retail sales of 0.3, 0.5 and 4. ...








from Business News Headlines - Yahoo! News http://news.yahoo.com/hong-kong-counts-cost-protests-citys-core-shopping-210909582--business.html

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