Twilight has come for the retail industry in Hong Kong, said cosmetic outlet operator Sa Sa International (0178) chairman Simon Kwok Siu-ming, although he remains optimistic of better days ahead. The week-long national holiday saw improved sales for the firm,…
The ASEAN region (The Association of Southeast Asian Nations) is emerging as one of the most promising e-commerce markets in the world to replace the saturated Chinese market. Following the establishment of the ASEAN Economic Community (AEC) at the end of…
China Mobile Hong Kong has contracted Huawei to fully upgrade the operator’s FDD/TDD converged LTE network to a 4.5G LTE-Advanced Pro network. The upgrade is aimed at offering customers a superior user experience and laying the groundwork towards a future 5G…
While Fast Retailing profit fell in the full year, the Japanese apparel giant says its second-half profit rebounded sharply. Consolidated revenue rose 6.2 per cent to JP¥1.7864 trillion (US$17.19 trillion) while its operating profit fell 22.6 per cent to…
Hong Kong free to air TV broadcaster ViuTV has unveiled its content lineup for 2017 with more “real choices” for Hong Kong viewers as ViuTVsix, an English-language channel, will be launched at channel 96 on March 31, 2017. ViuTVsix will provide viewers with…
Asia is home to more than half the world’s most dynamic retail hubs, according to new research that reinforces images of the region’s mall-strewn megacities. The research, by professional services and investment management company JLL, says 12 of the…
SkyCity will feature retail complexes, entertainment facilities, dining space, hotels, and office towers in approximately 25 hectares of land at the north of the airport island. The SkyCity plan was unveiled at “The Future of Shopping Malls” Business…
Asian cities dominate the latest retail destination rankings, with the Middle East taking most of the remaining spots. According to the latest edition of JLL’s Destination Retail report, which ranks markets for retailer expansion around the world, Asia is…
DHL Express has opened its new Tsing Yi Service Center, a HK$78 million (US$10.1 million) facility on the third floor of the Goodman Interlink building in Hong Kong. “The opening of the new Tsing Yi Service Center follows double-digit growth in our…
The Hong Kong Electronics Fair (Autumn Edition) and electronicAsia opened today at the Hong Kong Convention and Exhibition Centre (HKCEC) and continue through 16 October. The 36th Electronics Fair (Autumn Edition) is organised by the Hong Kong Trade…
Hong Kong’s CITIC Telecom International has expanded its presence in Southeast Asia with the acquisition of a 100% stake in cloud infrastructure services provider Acclivis. Acclivis mainly operates cloud facilities in the markets of Singapore, Indonesia,…
Harvey Nichols Hong Kong has reopened its store at The Landmark following a three-month renovation. Originally opened in 2005, the five-storey store now offers the Style Concierge, a personalised service that helps customers with their wardrobe makeover. It…
Despite shortlisting several bidders for the McDonald’s Singapore and McDonald’s Malaysia franchise rights, Malaysian subsidiary Golden Arches Restaurants says it is not in a hurry to sell. MD Azmir Jaafar says the deal is being discussed with the shortlisted…
Japanese retail holding company Fast Retailing intends to have 1000 shops for its low-cost GU brand overseas in 10 years, up from about 10 foreign stores now. GU sells clothing often priced at about half that of stablemate Uniqlo. Fast Retailing will expand…
Parisian fashion house BA&SH has partnered with Hong Kong retail and brand management company ImagineX Group to strengthen its presence in Asia. BA&SH has hopes of accelerating its expansion in Hong Kong, Macau, Singapore, Taiwan and China. The label opened…
Paris-based affordable luxury fashion chain Sandro Asia, along with sister brand Maje and Claudie Pierlot, recorded 51 per cent year-on-year growth in Asia Pacific in the first six months of the year. Sandro opened its largest Asia flagship store in the heart…
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