Sincere to close Central department store after 126 years as lease expires

Hong Kong's first Chinese-owned department store, Sincere, is set to close its historic branch in the city's central business district in December. The closure marks the end of 126 years of retail history at the landmark location as its lease expires.

Despite the impending closure of the Central flagship, the company has indicated that it plans to seek a new location within the Central or Sheung Wan areas to continue its operations.