Reporting and analysis on retail, e-commerce, and consumer trends in Hong Kong, updated continuously by our newsroom.
Surging gold prices, and a mini gold rush in 2015 have been blamed by leading Hong Kong jewellery retailer Luk Fook Holdings for a sharp fall in sales during its second quarter. The retailer which operates over 1,400 retail outlets in mainland China, Hong…
For example, a good place to look for a Note 7 is Hong Kong, as a store there is selling the recalled model at a special price, even though it’s pretty clear that using this phone is no longer recommended. Samsung: Stop using the Note 7! Samsung made it very…
South Africa’s clothing retailer Foschini Group has set its eyes on opening of three more outlets after marking its entry into the country with a branch at Nairobi’s Junction Mall. Foschini Group, which has 22 different retail brands under its label, has…
The prime shopping hubs of Causeway Bay and Tsim Sha Tsui, among the most expensive in Hong Kong in terms of rental costs, remain attractive for retailers amid overall sluggishness in the sector. Retail rents in Causeway Bay fell 8 per cent in the rental…
The CASBAA Convention annual conference debuted in its new venue, Studio City, Macau, marking the 25th anniversary of CASBAA which is dedicated to representing key players from the cable and satellite broadcasting industry under the motto ‘represent, inform,…
Low-cost carrier (LCC) Thai AirAsia has plans to expand its fleet in China, revealing that it is planning to add five to six aircraft per year over the next few years. Thai AirAsia CEO Tassapon Bijleveld told that half of the additional aircrafts would be…
Hutchison Telecommunications Hong Kong Holding’s mobile division 3 Hong Kong is offering a year’s free subscription to its premium subscription TV and VOD service to all new and existing 4G users. The mobile version of the myTV SUPER and TVB Premium…
China’s traditional retail industry is continuing to decline with demand likely to “remain muted” into next year, according to a new Fitch report. The credit rating agency’s report covers shops and and department stores. “Not only are shopping preferences…
The ninth Hong Kong International Wine & Spirits Fair, organised by the Hong Kong Trade Development Council (HKTDC), concluded on Saturday (12 November). Held at the Hong Kong Convention and Exhibition Centre (HKCEC) from 10 to 12 November, the fair gathered…
Matheson Flight Extenders, Inc. has signed an agreement with Cathay Pacific to act as a freight consolidation agent to provide export and import services at Portland International Airport. Matheson Flight Extenders, Inc., a subsidiary of Matheson Trucking…
Orange Business Services has been selected by Lane Crawford, a multi-brand designer label luxury retailer, to provide a cloud-based platform to extend, secure and manage its IT resources in Hong Kong and China. This deployment will enable Lane Crawford to…
The ninth HKTDC Hong Kong International Wine & Spirits Fair opened today and continues through 12 November at the Hong Kong Convention and Exhibition Centre (HKCEC). This morning’s opening ceremony was officiated by Gregory So, Secretary for Commerce and…
Hong Kong’s economic growth is expected to slow in the third quarter from the second, with weak exports, sluggish retail sales and falling tourist arrivals, continuing to take a toll on the Asian financial centre. The once vibrant city is also grappling with…
According to DHL, McQueen will be responsible for long-term growth across sectors such as aviation, consumer goods, healthcare, retail and technology. He will also be in charge of integrating solutions with freight and logistics services from South China’s…
With Chinese shoppers buying fewer watches, Richemont sales continue to slide, prompting the luxury brand owner to announce uncharacteristically radical moves. While continuing to cull its store network, Richemont has axed its CEO role, placing more…
The HKTDC Hong Kong Optical Fair 2016 started its three-day run (9-11 November) today at the Hong Kong Convention and Exhibition Centre. A record of more than 780 exhibitors from 29 countries and regions are taking part in the fair, including new exhibitors…
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