THE WHAT? Beauty retailers Bonjour and Lush are facing lawsuits in Hong Kong after their landlords sued for unpaid rent, according to a report published by Inside Retail Asia.
THE DETAILS Shun Cheong Properties Management has accused the ethical cosmetics chain of failing to pay rent on its Lockhart Road, Causeway Bay store for three months.
Lush has benefitted from rental relief on the space worth some HK$170,000 since closures in February but owes HK$780,000.
Bonjour Holdings will also need to answer charges of unpaid rent bought by its landlord Giant Manor Investment with regards to its Nathan Road store. The beauty retailer is said to owe some six months’ rent and management fees.
THE WHY? With COVID-19 forcing closures and reducing traffic just the latest in a series of crises to hit the Hong Kong retail scene, bricks and mortar is struggling to make ends meet.