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    Luxury Retail in Asia Pacific

    Asia Pacific Major Report | November 2015

    The high growth period for luxury retailers in Asia Pacific, mainly driven by Greater China, is gradually coming to an end as weaker retail sales, surging operational costs and over-saturation prompt retailers to consolidate their existing store networks and slow their rate of entry into new markets.

    However, CBRE Research has identified several emerging trends which are set to provide the sector with a fresh source of leasing demand and partially offset some of the negative effects arising from the slowdown.

    This report identifies and analyses three key trends: the emergence of affordable luxury brands; the inclusion of F&B in luxury retail stores; and the growth of the luxury childrenswear segment. It then goes on to explain how retailers and landlords alike can benefit from the projected growth in these market segments.

    The report also discusses how the ongoing slowdown – combined with these new trends – is already impacting luxury retailers’ real estate requirements and resulting in new, and in some cases, weaker, demand for different types of retail property.


    Contacts


    Henry Chin, PH.D.
    Head of Research, Asia Pacific
    +852 2820 8160
    Email
      Liz Hung
    Manager, Research Asia Pacific
    +852 2820 6557
    Email
      Joel Stephen
    Head of Retailer Representation
    Retail, Asia
    +852 2820 2803
    Email
             
    Alistair Palmer
    National Director
    Retail Services Group Australia
    +61 2 9333 3396
    Email
           

    Infographic


    The Future of Luxury Retail in Asia Pacific


    The Future of Luxury Retail in Asia Pacific

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