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Hong Kong retail, Paris hotels, Tesla and Miami real estate – News briefs

Four Seasons Hotel George V, Paris Four Seasons Hotel George V, Paris

 

Today in luxury marketing:

Prestige brands threaten to close Hong Kong stores amid high rents and falling sales
Hong Kong's retail leasing market is in its biggest state of turmoil for a decade - with even global brands warning landlords they will close their stores if rents continue to soar amid falling sales.