Reporting and analysis on retail, e-commerce, and consumer trends in Hong Kong, updated continuously by our newsroom.
Pre-owned luxury items are becoming more popular, according to the 2016 Asia Luxury Index, compiled by Singapore-based online luxury retailer Reebonz. Drawing on industry reports and its sales data, the index reveals 30 per cent sales growth in the pre-owned…
Esprit Holdings (0330) posted a net profit of HK$21 million for the financial year ended June, marking a sharp turnaround from a HK$3.7 billion loss in the previous financial year. Chairman Raymond Or Ching-fai said the company’s return to the black was…
Starting bright and early on Friday, September 16, you can get your hands on a brand new iPhone 7 or iPhone 7 Plus. Apple fans are finally laying their hands on the brand new iPhone 7 and iPhone 7 Plus. Eager customers joined long lines in cities like Sydney,…
Singapore salad bar chain SaladStop! has raised S$5 million (US$3.6 million) from private equity firmsDSG Consumer Partners and Hera Capital who took a minority stake in the company. SaladStop! has 15 outlets in Singapore and eight in the Philippines, with…
Hong Kong is about to get a new official Apple store. Hoardings have gone up in the APM shopping mall in Kwun Tong, inside Millennium City, as construction gets underway of a single-storey Apple Hong Kong shop. Hong Kong boasts one of the highest numbers of…
Calvin Klein, Inc, a wholly owned subsidiary of PVH Corp, has opened the first Calvin Klein accessories store in Hong Kong, at IFC Mall. Located on level one of the mall, the store offers both men’s and women’s Calvin Klein Platinum accessories and leather…
Four Mainland China restaurant chains have set up in Singapore since November, the latest opening in Riverside Point on Friday. It will be the first overseas outlet for Chengdu-style hotpot chain Spicy House, which has about 30 outlets on the mainland. Two…
Baroque Japan, which has a retail portfolio of young women’s fashion apparel and accessories, has arrived in New York City. It has opening an Enfold fashion brand shop in the West Village and a Moussy outlet in SoHo. Launched in 2012, Enfold has a strong…
Kingdom Jewellery is trying to stand out among the eerily quiet luxury stores in Hong Kong’s Causeway Bay, once the world’s most expensive shopping district in terms of rents. But while it has hung signs promoting a “crazy sale” and payment by installments in…
Hong Kong based on-demand delivery app Lalamove is moving into restaurant and food delivery across Bangkok to feed the growing appetite for appetizing restaurant dishes and produce to be brought straight to customers’ doors. Restaurants and food producers…
CENTRESTAGE, the Hong Kong Trade Development Council’s (HKTDC) new fashion brand promotion and launch platform, ended Saturday (10 September) on a high note. The four-day (7-10 September) international fashion event welcomed some 200 fashion brands from 20…
According to DHL, the new HK$78 million facility is capable of handling 380 tonnes of shipments per day, the strongest out of all DH service centres worldwide. “The opening of the new Tsing Yi Service Center follows double-digit growth in our international…
Starbucks Asia is rolling out Teavana in 6200 stores across its 16 Apac markets. Four tea beverages prepared in-store will be offered to the 16 countries, with two or three expected to be sold in each market, the choice up to each one. Starbucks acquired…
Marie France Van Damme, the Hong Kong-based company known for its globally influenced line of luxury resort, swim, and ready-to-wear, announced today the opening of a seventh boutique in December 2016. Located in Hong Kong’s Elements shopping mall in Kowloon,…
Hang Lung Properties has staged a grand opening for Olympia 66 in Dalian, the Hong Kong-based developer’s eighth commercial complex in China. Located in the Xigang business and financial district of Dalian, the megamall joins Hang Lung’s other world-class…
Luxury Italian fashion house Bruno Magli Hong Kong has established its first foothold in Asia with a shop-in-shop retail boutique. Marking its 80th anniversary, the heritage brand earlier announced expansion plans for Asia. Its debut outlet is on the new…
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