Reporting and analysis on retail, e-commerce, and consumer trends in Hong Kong, updated continuously by our newsroom.
Asian equities saw mixed results as concerns over the US economy overshadowed earlier hopes for stable interest rates. Weak retail sales and consumer sentiment in the US are now shifting investor focus to upcoming earnings from major retailers.
China has debuted offshore trading of government bond futures in Hong Kong, marking a strategic move to encourage broader international use of the yuan. This initiative aims to draw non-Western capital by offering stability and enhanced hedging options.
7-Eleven has launched its inaugural concept store in Macau, extending its experience-focused convenience retail model beyond Hong Kong. The new outlet combines specialty products, collectibles, and an expanded ready-to-eat food range.
Van Cleef & Arpels, a luxury French jewelry, watch, and perfume company, has recently relocated its Hong Kong boutique from Landmark Prince’s to Alexandra House. The new two-story space spans an expansive 564 square meters and is a marvelous blend of nature…
Fast-fashion online retailer Shein is preparing to debut its Initial Public Offering (IPO) in Hong Kong as early as next Wednesday, according to individuals privy to the matter. The Singapore-based enterprise has engaged in marketing its share offering to…
Despite the overall downturn in Hong Kong’s retail market, fast-food conglomerate McDonald’s has successfully managed to sell close to half of its 23 retail properties in the city at premium rates. The selling spree initiated in July of the previous year, in…
Lululemon, the athletic apparel retailer, has once again opened the doors of its Hysan Place store in Hong Kong’s bustling Causeway Bay neighborhood. This is a part of the company’s ongoing effort to expand its community-driven retail model and solidify its…
In June, Hong Kong saw an impressive rise in retail sales, with a 4.6% increase compared to the same month in the previous year. This resulted in a total of HK$31.5 billion (US$4.02 billion) in sales, signifying a consistent growth pattern for the 14th…
SmarTone Mobile Communications Limited has announced its plans to permanently halt its 3G mobile services come October 9, 2026. The move is part of the company’s proactive transition to more sophisticated mobile technologies. Shifting to Advanced Technologies…
Nice Rice, a popular Chinese fashion brand, has debuted its first outlet in Hong Kong, marking a crucial step in the brand’s expansion outside of Mainland China. Innovative Flagship Store in a Premium Retail Location The brand’s flagship store, which spans an…
Hongkong Land, a leading property investment, management, and development group, has successfully secured a deal to purchase Singapore’s premium shopping centre, Wheelock Place. The purchase, valued at approximately US$900 million, is being transacted through…
PapaHome, powered by Taobao, continues its growth in the Hong Kong market by moving its primary store to a bigger location at Fashion Walk, Causeway Bay. The grand opening is slated for October. Expansion and Rebranding The upgraded flagship store will occupy…
Online retailer Shein recently reported a notable quarterly loss of $99 million, as indicated in its pre-IPO financial filings. This downturn comes in the wake of the United States lifting an import duty exemption on small packages along with a significant,…
In the wake of a record-breaking first half of the year, bulk homebuyers are anticipated to continue to be a significant influence in Hong Kong’s primary residential market throughout the second half of the year. The strong rental demand, particularly from…
Fast-fashion retail giant Shein has received authorization for its much-anticipated Initial Public Offering (IPO) process in Hong Kong, bringing it one step closer to a listing after unsuccessful runs in both New York and London. This news came from the China…
The retail sector in Hong Kong experienced a healthy growth in May, a trend that is anticipated to sustain, given the positive economic climate. Data from the Census and Statistics Department reveals a 7.9% year-on-year increase in retail sales, reaching…
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