29 Jul '11, 11am

Burberry to open flagship store in Hong Kong

Burberry to open flagship store in Hong Kong

The shopping landscape in Hong Kong is about to be expanded once again with news that luxury brand Burberry plans to open its Asian flagship store in the city. Burberry will take up residence over two floors and 21,000 square (1950 sq m) feet of space and that the new store will open in the second half of 2012. It will be the British retail giant’s largest store in the region and the second largest in the world, behind its 57th Street, New York outlet which spans 24,000 square feet. At present the Burberry site is taken up by the locally-run Lane Crawford department store but its lease in Pacific Place runs out in February next year. Burberry is keen to tap into the Chinese tourist market in Hong Kong — with the city being China’s favored shopping destination. So far this year the city has seen visitor numbers from China rise 65.5 percent, following a record 2010 when 22.7...

Full article: http://www.luxuo.com/luxury-trends/burberry-hong-kong-fla...

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