Mergers and acquisitions, unseasonable weather patterns caused by climate change, and surprise appointments and resignations dominated the headlines in a year in which clear blue water separated the high street's winners and losers. Mergers and acquisitions, unseasonable weather patterns caused by climate change, and surprise appointments and resignations dominated the headlines in a year in which clear blue water separated the high street's winners and losers.
The sight of steadily falling rents in Hong Kong’s top shopping districts and high-end stores closing bodes ill. For Hong Kong to thrive requires a significant restructuring of the economy with less reliance on tourists and their retail spending interests.