Sincere to close Central department store after 126 years as lease expires
Hong Kong’s first Chinese-owned department store, Sincere, will close its historic branch in the city’s central business district in December after 126 years of retail history. The company revealed, however, that it would seek a new location in Central or Sheung Wan. Sincere announced on Sunday that the flagship store would shut in early December after lease renewal talks with the landlord broke…
After 126 years of operation, Hong Kong's first Chinese-owned department store, Sincere, is set to close its flagship branch in the city's central business district in December. The store's lease renewal talks with the landlord have fallen through, prompting the company to seek a new location in Central or Sheung Wan. Sincere announced that the Central store would cease operations in early December, with handover to the landlord commencing shortly after.
The company has not yet identified a suitable premises, leaving its Mong Kok outlet as the sole remaining bricks-and-mortar department store in the city. The closure of the Central branch has left many nostalgic for the landmark, with reactions ranging from surprise to sadness online.
Written by urgent.news from South China Morning Post - Hong Kong's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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