Ralph Lauren shuts down flagship store in Hong Kong
Ralph Lauren has recently closed its 20,000 sq ft flagship store in Hong Kong at the Lee Gardens Complex on Causeway Bay. The store was opened in 2014. Ralph Lauren still operates a store dedicated to menswear at Landmark Prince’s in Hong Kong’s Central district.
Contacted for comment, a representative of the brand said the closure was “part of our strategic and financial plan”, adding: “We are redeploying assets to focus on new concept stores and transition away from unprofitable formats and locations.”