Occupy Has Had a Devastating Impact on Retail: Ooi

The video discusses the significant impact of Occupy Central on retail businesses in Hong Kong, particularly in the luxury goods sector. It highlights the compounded challenges faced by retailers due to China's crackdown on corruption and the resulting decline in sales. The discussion includes strategies adopted by businesses to adapt, such as focusing on local markets and online sales. Additionally, the video touches on the civic engagement and activism in Hong Kong, emphasizing the community's response to political changes.

What is one of the main reasons for the decline in retail sales in Central, Hong Kong?

• Lower rent costs

• High local demand

• Occupy Central protests

• Increased tourism

How has the jewelry retailer adapted to the changing market conditions?

• By expanding to new locations

• By focusing on local residents

• By increasing prices

• By reducing product variety

What is the primary market for the retailer's online business?

• Australian market

• Asian market

• US market

• European market

What is the speaker's stance on the Occupy Central movement?

• Unaware

• Opposed

• Indifferent

• Supportive

What aspect of Hong Kong society does the speaker find inspiring?

• Civic engagement

• Economic growth

• Cultural diversity

• Technological advancements