Hongkong Land invests $1bn to expand and upgrade luxury retail destination, Landmark, in Hong Kong over three years.

Hongkong Land Holdings Ltd. plans to invest $1bn to expand and upgrade its luxury retail destination, Landmark, in Hong Kong over three years. The revamp includes the creation of multi-storey maison-style stores for luxury brands like Hermes and Louis Vuitton, doubling total shop space, and adding new restaurants. This move showcases confidence in the city's luxury retail industry amidst competition from other destinations.

June 26, 2024
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