Causeway Bay (Hong Kong, China)

Asia's most dynamic shopping district, Causeway Bay once commanded the world's highest retail rents, with average shop rents reaching $1,200 per square foot in 2018. This 24-block hub blends Japanese department stores like Sogo with global fashion houses and electronics outlets, plus street markets that operate 18 hours daily. It outperforms #10 Rodeo Drive in visitor volume, attracting 200,000 shoppers on peak days—more than double the 18 million annual visitors to its Beverly Hills rival. Its 1.5 million square feet of retail space makes it 50% larger than the typical luxury street on this list, offering a uniquely high-energy mix that consistently drives 25% year-over-year sales growth for flagship brands.