Reporting and analysis on retail, e-commerce, and consumer trends in Hong Kong, updated continuously by our newsroom.
Mattress supplier Kingsdown, Inc. has opened three additional stores in China, boosting its footprint in the country to 39 stores in 31 cities. The latest openings include two additional stores in Beijing, taking the city’s total to three, and its first…
Airport Authority Hong Kong (AAHK) will restructure its core category airside retail concessions in advance of a series of major tenders beginning late October or early November, The Moodie Davitt Report can reveal. There are currently three anchor…
Calvin Klein, Inc., a wholly owned subsidiary of PVH today announced the opening of the first Calvin Klein accessories store in Hong Kong at ifc mall at Central Waterfront. Considered one of the country’s iconic world-class shopping malls, ifc mall is the…
The 35th edition of the Hong Kong Watch & Clock Fair ended its five-day run (6-10 September) yesterday at the Hong Kong Convention and Exhibition Centre (HKCEC). Jointly organised by the Hong Kong Trade Development Council (HKTDC), Hong Kong Watch…
Hermès and Nike have revealed new collaborations with Apple, to produce exclusive co-branded Apple Watches. Hermès introduced new Apple Watch styles and an expanded assortment of wristbands that incorporate its signature palette alongside a series of bold new…
Discounted prices for Henderson Land’s “mini flats” at its One Prestige project in North Point are as low as HK$3.67 million or HK$22,130 per salable square foot, according to the first price list that the developer issued yesterday. The price list is for 50…
Jacobson Pharma Corp, Hong Kong’s largest generic drug firm and maker of the Po Chai Pills used by generations of the city’s residents, is seeking to raise HK$750 million in an initial public offer. The company will sell 437.5 million shares at a price range…
At least seven companies, including HKBN and SmarTone, have submitted bids for Wharf Holdings’ Hong Kong telecoms division Wharf T&T, according to reports. The private equity copanies including KKR, MBK Partners and TPG Capital Management have also submitted…
Italian luxury leathergoods brand Furla has reported a 38 per cent increase in travel-retail sales for its first half, with Japan being its strongest market. Furla has 223 travel-retail points of sales in 52 countries, the latest openings for Furla Asia…
Private equity firms Carlyle Group and TPG Capital have teamed up with two different Chinese state companies to bid for the McDonald’s China and Hong Kong franchise licences. The deal is said to be worth between US$2 billion and US$3 billion, reports the…
The 35th HKTDC Hong Kong Watch & Clock Fair, the world’s largest timepiece event of its kind, opened today and continues through 10 September at the Hong Kong Convention and Exhibition Centre (HKCEC). Organised by Hong Kong Trade Development Council (HKTDC),…
Italian luxury leathergoods brand Furla has reported a 38% travel-retail sales increase in H1 2016. Furla currently has 223 travel-retail points of sales in 52 countries, the most recent openings in Bucharest Henri Coandă International airport and Singapore…
Asian online shoppers research, locate, engage with and purchase products and services in entirely different ways in different markets, according to a new report. For example, almost all consumers in Indonesia knowingly provide brands with wrong details,…
Hong Kong home prices will fall a further 10 percent as a pipeline of new developments is met by stalling income growth and looming interest rate hikes, Nomura Holdings Inc. said in a report. “We are bearish on the physical property market, on a weakening…
Unmanned aerial vehicle (UAV) technology company DJI Hong Kong is about to open a flagship store featuring flight cages, experience zones, an aerial photo gallery, technical support centre and its full range of consumer and professional products. In Causeway…
Things are not exactly looking up. The bad news continues for Hong Kong’s downtown duty free and travel retailers such as DFS as the latest retail sales statistics show another month-on-month decline. July government data provisionally indicate that the value…
Weekly Briefing
Tuesday, Thursday and a Saturday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.
Read by retail operators, investors and brand teams across Asia.