K11 MUSEA sees record Golden Week footfall and 20 percent surge in tourist spending according to New World Development

Reuters

2025/10/08

K11 MUSEA sees record Golden Week footfall and 20 percent surge in tourist spending according to <a href="https://laohu8.com/S/NWC.AU">New World</a> Development

New World Development Co. Ltd. announced record-breaking results for its K11 MUSEA mall during this year's National Day Golden Week, which coincided with the Mid-Autumn Festival. Footfall increased by 12% year-on-year, reaching the highest level since the mall's opening for this festive period. Tourist spending rose nearly 20% compared to the previous year, with purchases concentrated on international luxury brands, watches, and jewellery. Notably, the highest single purchase by a Mainland Chinese tourist exceeded HK$1 million. Member sales at K11 MUSEA climbed over 20% year-on-year, with luxury brand and jewellery/watch sales surging 46% and 43% respectively. The mall has also doubled its retail space for luxury brands over the past year, welcoming more than 50 new premium fashion and lifestyle brands and expanding several existing luxury stores.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. New World Development Co. Ltd. published the original content used to generate this news brief on October 08, 2025, and is solely responsible for the information contained therein.

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Ltd. announced record-breaking results for its K11 MUSEA mall during this year's National Day Golden Week, which coincided with the Mid-Autumn Festival. Footfall increased by 12% year-on-year, reaching the highest level since the mall's opening for this festive period. Tourist spending rose nearly 20% compared to the previous year, with purchases concentrated on international luxury brands, watches, and jewellery. Notably, the highest single purchase by a Mainland Chinese tourist exceeded HK$1 million. Member sales at K11 MUSEA climbed over 20% year-on-year, with luxury brand and jewellery/watch sales surging 46% and 43% respectively. 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Ltd. published the original content used to generate this news brief on October 08, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00017","symbol_name":"新世界發展","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251008:nNDL7wpSpZ:1","article_id":"2573559942","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2573559942","pubTimestamp":1759919306,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"New World Development Co. 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Tourist spending rose nearly 20% compared to the previous year, with purchases concentrated on international luxury brands, watches, and jewellery. Notably, the highest single purchase by a Mainland Chinese tourist exceeded HK$1 million. Member sales at K11 MUSEA climbed over 20% year-on-year, with luxury brand and jewellery/watch sales surging 46% and 43% respectively. The mall has also doubled its retail space for luxury brands over the past year, welcoming more than 50 new premium fashion and lifestyle brands and expanding several existing luxury stores.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. New World Development Co. Ltd. published the original content used to generate this news brief on October 08, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}