"Occupy" protests slash HK retail sales

Disruption from pro-democracy movement cuts Golden Week turnover by up to 60%, according to the Hong Kong Retail Management Association.

"Occupy" protests slash HK retail sales

The Occupy Central protests cut deeply into retailers’ sales during Golden Week, the Hong Kong Retail Management Association HKRMA said on Monday night.

Fashion retailers saw sales fall between 30% and 50% from the same period last year, while department stores and supermarkets saw declines of 10% to 60% and small- and medium-sized enterprises up to 80%.

“We are very disappointed at the sales results. For retailers it is difficult to operate...

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