Hongkong Accounted For The Impact Of Gucci Sales Are Not Optimistic.

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Xiaobian network to introduce to you that Hongkong accounted for the events of retail sales are different, Gucci sales are not optimistic.

Hongkong has been demonstrating for a month without showing signs of an end, even though the number of demonstrators has dropped significantly.

The occupy central protests took place in three busy shopping areas: Admiralty, Tongluowan island and Mongkok, Kowloon.

Government officials warned that sustained actions would seriously damage the city's economy, especially retail luxury goods and tourism, but others retort that these concerns are exaggerated.

The latest figures show that the number of mainland tourists is increasing.

A very flexible online shopping mode for fashion brands will account for the lowest impact on sales.

Last week, Hongkong's first chief executive, Dong Jianhua, said that because of the protest, hotel booking and total credit card consumption had dropped by 20% to 30%.

"This decline is astonishing, and even more worrying is that it is not a slow decline but a sudden collapse," he said at the age of 77. He is now vice chairman of the twelve CPPCC National Committee.

The demonstration took place on the eve of the "eleven Golden Week" holiday. Many mainland travelers would go shopping in Hongkong shopping center.

From October 1st to October 7th, the Chinese government had some restrictions on the tour groups in the mainland, but this did not hurt the number of free travellers.

According to the statistics of Hongkong Tourism Development Bureau, the number of mainland tourists including tourism increased by 6.8% during the golden week holiday period.

The tourism law prohibits some cheap tour groups from going to Hong Kong.

Brand executives have expressed different concerns about such a situation.

Retailers store near the protest point said that their customers were subjected to demonstrations and related traffic jams; however, the impact was mainly reflected in the first week, but consumers soon knew how to make changes.

"We haven't seen anything yet.

A marked decline.

It is better to say that on the first day of the protest, we have already seen a certain psychological function - because of social uncertainty and traffic challenges, which lead customers to shop in different ways, especially through e-commerce and personalized services.

Lian Kai Fu and Joyce President Andrew Keith said.

Keith said that compared with the same period last year, its online business has doubled two times in the first three weeks of its protest. The company has received some "long distance business", and platinum customers can see the private stylist match and the latest selected products in their homes.

"As a coherent e-commerce business, and providing special services to our customers, we are very flexible and quick to adapt to external factors," Keith said.

Eymon Tsang, chief financial officer of I.T limited, said its retail sales in golden bell, Tongluowan, central and Tsim Sha Tsui shops were down 30%.

He saw a significant part of the gap coming from mainland tourists.

During the golden week, many Chinese tourists came to Hong Kong to shop.

They spend less money on shopping because of road congestion, which affects people's attitudes, "Eymon Tsang said.

Mainland tourists account for a growing share of the I.T consumer audience, and the impact will be greater.

Although sales in the affected areas have rebounded, Eymon Tsang said it is difficult to guess how the situation is going, but he hopes the government can solve this problem as soon as possible.

We have recovered a little bit, but the basic economy has been affected.

Overseas tourists' shopping behavior has been reduced.

We still see the impact of this debate.

The top executives of luxury goods giants Dior and Gucci expressed different views on the situation in Hongkong.

Dior and Gucci have 10 and 11 in Hongkong respectively.

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