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Department stores, which were already losing the competition to online sales, all announced a major crisis to come, being unable to compensate their losses with online sales. [7] In April 2020, clothing sales fell 79% in the USA. [6] Malaysian fashion designers were hardly hit too. [8] The industry recorded a 9.6% global decline in 2020. [5]
On 5 February, after a five-day strike by front-line medical workers, the Hong Kong government closed all but three border control points including Hong Kong International Airport, Shenzhen Bay Control Point, and Hong Kong–Zhuhai–Macau Bridge Control Point remaining open. Hong Kong was relatively unscathed by the first wave of the COVID-19 ...
The COVID-19 pandemic has taken a sharp economic toll on the retail industry worldwide as many retailers and shopping centers were forced to shut down for months due to mandated stay-at-home orders. As a result of these closures, online retailers received a major boost in sales as customers looked for alternative ways to shop and the effects of ...
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Best Mart 360's chairman said on Monday he would keep every one of the popular Hong Kong snack food chain's stores open, despite them being repeatedly damaged during anti-government protests. Lin ...
The virus was first confirmed to have spread to Hong Kong on 23 January 2020. [97] On 5 February, after a five-day strike by front-line medical workers, the Hong Kong government closed all but three border control points – Hong Kong International Airport, Shenzhen Bay Control Point, and Hong Kong–Zhuhai–Macau Bridge Control Point ...
Nike has also temporarily shut down half of all their stores in China, due to the virus epidemic. [277] Air India announces that starting from 8 February, they will temporarily suspend flights to Hong Kong. [278] [279] An aviation conference during the Singapore Airshow is cancelled to allow leaders to deal with the coronavirus. This comes ...
Robinsons exited Singapore and Malaysia in 2020 due to the COVID-19 pandemic.In August that year, Robinsons announced the closure of its Jurong East Mall outlet, [9] followed by their main outlets at The Heeren and Raffles City on 30 October, ending its 162-year history and joining the list of closures in the city-state, such as Topshop, Hotwind and Esprit Holdings.