Facing Challenges in Hong Kong's Luxury Retail Sector Although Hong Kong continues to be a key center for the luxurious retail market, it is, however, beset with unusually varied challenges not experienced by other industries. Counter to the mainstream industries, the idea of authenticity and exclusivity is paramount in the luxury sector, on the other hand. The consumers have started not only to personalize their orders differently, but also exclusive service and products, which are significant factors for the management of the stock and the supply chain. Besides, astute customers [...]
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