Rise & Fall of Department Stores 百貨業興衰見證

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The leading position has been changed since the invasion of the Japanese department stores in 1980s, in place of the Chinese products stores and local department stores in early Hong Kong. However the golden age ended in 1990s after the explosion of economic bubble in Japan, resulted in consequent closed down nor withdrawn of Daimaru1, Matsuzakaya2 and Mitsukoshi3, the surviving one, Sogo4 remains.

The economic conversion and new mode of large shopping malls become the trend. The former flourishing age of department stores was going to disappear, the old photos is the only way for recalling.

昔日國貨公司和本土百貨公司林立,至八十年代日資百貨公司引入香港,是零售業全盛時期,更成為電車廣告的長期客戶。可惜在九十年代日本經濟泡沫爆破,多家日資百貨公司大丸、松坂屋、 三越等相繼撤出香港或告結業,僅餘崇光百貨仍然屹立香港。

隨著社會經濟轉型,大型購物商場進入主導時期,百貨公司當年風光地位已不復再,這些經典的廣告相信也很難重現……

HKT 84: Alan Photo (Matsuzakaya, JUN-1976, Ice House Street/Central)

HKT 150: H.C. Steele Photo / Lars F. Richter Collection (Matsuzakaya, 10-MAY-1992, Happy Valley Terminus)

HKT 102: Jonathan McDonnell Photo (SOGO, c.1992, Hennessy Road/Canal Road East)

HKT 68: Bill Strong Photo (JUSCO, 1991, Queensway Loop)

HKT 162: detany Photo (WING ON, OCT-1993, Johnston Road Loop/Wanchai)

HKT 124: T.V. Runnacles Photo (SINCERE, OCT-1982, North Point Terminus)

Notes:

1 Daimaru restructured the global business in 1998 by closing down the branch stores in France, Thailand and Hong Kong after the severe Kobe Earthquake in 1995 and continuing appreciation of Yen.

 2 Matsuzakaya was the competitor of Daimaru when launched at Causeway Bay, however the continuous loss obliged to cease business at HK in 1998.

The invasion of Japanese trend was brought by the opening of Mitsukoshi in August 1981, but the decrease in revenue and rise of rents forced its closure in September 2006.

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