American athleisure brand Alo Yoga has taken over a large waterfront commercial space in Hong Kong after being vacated by a British luxury food retailer, with analysts saying “experience-led” wellness brands are emerging as rare bright spots in an otherwise uneven retail recovery. The local debut of the brand at the 7,000 sq ft, two-storey space at K11 Musea in Tsim Sha Tsui follows the exit of food retailer Fortnum & Mason on January 25. The move comes amid a prolonged retail downturn and a...