Reporting and analysis on retail, e-commerce, and consumer trends in Hong Kong, updated continuously by our newsroom.
Swatch Group, the maker of Omega and Tissot timepieces, has reported its lowest first-half profit in seven years, with demand tumbling in Hong Kong, France and Switzerland. Its first-half operating profit fell 54 per cent to 353 million francs (US$359…
Fashion brand Prada Hong Kong will renovate and expand its store on Canton Rd. Covering more than 1300 sqm over two storeys, the store has a secondary internal access from Harbour City. Its facade pays homage to Franco-Venezuelan kinetic artist Carlos…
High-end lingerie sales are outpacing China’s generally downbeat luxury market, and heating up competition between international brands and local rivals looking to go upmarket. U.S. brand Victoria’s Secret will open its first store, and companies including…
3 Hong Kong, the mobile division of Hutchison Telecommunications Hong Kong Holdings Limited (HTHKH), has introduced new monthly plans and roaming passes, enabling customers to use mobile services in Macau and six European countries. HTHKH chief operating…
A massive Starbucks Asia store roll-out has boosted the global coffee company’s third quarter results. Across China and the Asia-Pacific region, Starbucks opened 888 new stores in the first nine months of the current financial year. That helped lift revenues…
A 19.8 per cent drop in sales in Hong Kong and Macau has been recorded by French skincare retailer L’Occitane International for its first fiscal quarter. This amounts to €22.8 million (MOP175.3 million/US$21.9 million), according to its filing with the Hong…
Visa, MasterCard and American Express have all introduced support for Apple Pay in Hong Kong. Holders of credit and debit cards from the three companies issued by Bank of China, DBS Bank, HSBC, Standard Chartered, and Hang Seng Bank are now able to take…
Hong Kong’s CSL aims to take advantage of the global buzz around the augmented reality game Pokemon GO by offering free unlimited mobile data for the app as a promotional exercise. Once the game launches in Hong Kong, customers of both the CSL and 1O1O mobile…
Apple Pay has arrived in Hong Kong, allowing the Apple users to use the company’s mobile payment system. Apple’s payment system has been rolled out to American Express, Visa and MasterCard cardholders in Hong Kong. Other participating banks are Standard…
Sa Sa sales are slowing, despite an improvement in Mainland Chinese visitor numbers. Retail and wholesale turnover for cosmetics retailer Sa Sa International Holdings fell by 5.7 per cent for the first quarter to June 30, according to unaudited data. Turnover…
Hong Kong ISP HKBN has secured a license from telecoms regulator OFCA to offer MVNO services in the market. OFCA has granted HKBN an expanded services-based operator license to allow the company to offer mobile services using the infrastructure of established…
HomeSquare, Hong Kong’s largest one-stop shopping mall for home furnishing is proud to bring back its Smart Buy Weeks event for the seventh year in a row. Taking place from July 17 to August 17, 2016, more than 58,000 pieces of furniture will go on sale for…
AccorHotels Group has selected Ruckus Wireless as the preferred Wi-Fi partner for its chain of more than 3,700 hotels in 90 countries. The company has started implementing 802.11ac access point technology from the vendor at hotels including Novotel Hong Kong…
Citilink, the low-cost arm of national flag carrier Garuda Indonesia, is set to open a new route from Hong Kong to Manado in North Sulawesi in a bid to lure Chinese tourists to the archipelago. Citilink Indonesia commercial president director Hans Nugroho…
Urban park retail development Parc Central, Guangzhou is now fully open in the heart of the CBD. Commissioned as masterplanner, architect and interior designer, Benoy has delivered the Pearl River Delta city project in collaboration with Ronald Lu & Partners.…
Lifestyle shop Kapok at NDC has launched its own label, Future Classics. The label features wardrobe staples with a focus on fabric, silhouette and details, and is said to “redefine genderless casualwear”. “Working with Japanese and technical fabrics, Future…
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