Reporting and analysis on retail, e-commerce, and consumer trends in Hong Kong, updated continuously by our newsroom.
Luxury Italian brand Furla is planning more flagship stores in Asia as the region delivers strong growth for the 89-year-old family-owned company. In an exclusive interview with Inside Retail Asia, Furla CEO Eraldo Poletto explains how the company has bucked…
Throughout February 2016, shoppers who make purchases at selected T Galleria by DFS stores in Hong Kong and Macau can enjoy an ‘exclusive’ silhouette portrait created by local artists as part of a new Swarovski campaign. The portraits are gifted in a…
As Walt Disney readies to open its first Disneyland resort in mainland China and its sixth in the world by June, its decade-old theme park in Hong Kong has tumbled back into a loss, portending challenges ahead amid the country’s slowing economic growth. Hong…
Hong Kong property prices have been surging over the past few years. A report from Swiss bank UBS indicated that Hong Kong property prices have appreciated around 340% from 2003 to 2015. But, 2016 might not be such a good year for Hong Kong real estate. Based…
High operating costs – particularly rents and labor in Asia – will ensure retailers are more cautious this year, concludes real estate specialist CBRE. In its annual Asian retail outlook, the company’s research department predicts many retailers will shift…
China’s Ambassador to Qatar, His Excellency Li Chen, and Qatar Airways Group Chief Executive, His Excellency Akbar Al Baker, commemorated Chinese New Year, with a visit to Qatar Duty Free’s traditional Chinese pavilion on 10 February 2016. Hany Al Deeb,…
Beijing should not wait for the market to stabilise to launch the Shenzhen-Hong Kong stock connect scheme and should introduce it as soon as possible to help attract more capital inflow to the mainland China. Hong Kong Exchanges and Clearing chairman Chow…
Grana (grana.com), an online clothing retailer creating luxury fabrics and wardrobe essentials at guilt-free prices, announced today it has secured an additional $3.5 million U.S. dollars in seed funding. The lead investor is Golden Gate Ventures, along with…
Walt Disney Co’s Hong Kong theme park posted its first net loss in four years in 2015 as Chinese visitor numbers slumped, a potential headache for the U.S. firm as it prepares to open its first mainland Chinese park in June. The park posted a net loss of…
Earlier today, minutes after taking a bow at her autumn/winter ’16/’17 show during New York Fashion Week, Victoria Beckham announced that her burgeoning retail empire is officially on the rise with a Hong Kong storefront scheduled to open in March. “The women…
We’ve all heard of DBS — after all, it’s the largest bank in Singapore and Southeast Asia. And, it has 280 branches all over the rest of Asia, including China, Hong Kong, Taiwan, India and Indonesia. Other than its extensive coverage, the bank recently…
Hong Kong stocks tumbled after a three-day holiday as a global equity rout deepened amid concern over the strength of the world economy. The Hang Seng Index plunged 4.3 percent at 9:31 a.m. in Hong Kong, heading for its lowest close since June 2012. The MSCI…
Black Friday, the day after the Thanksgiving holiday in the US (celebrated on the fourth Thursday in November), and Cyber Monday, the first Monday after Thanksgiving, mark the start of the year-end holiday shopping season. Figures from the United States…
Greater China has its first Ferrari Store Junior, at theFestival Walk shopping mall in Hong Kong. This flagshop store not only offers a range of children’s apparel and lifestyle accessories, but also features the Atelier custom-made studio where children can…
Hong Kong retail sales plummeted 8.5 per cent year on year in December, ending a dismal year for retailers. It followed a revised 7.8 per cent fall in November. For the full 2015 year, Hong Kong retail sales fell 3.7 per cent in value and 0.3 per cent in…
With global demand rising for online video streaming on over-the-top (OTT) devices, Samsung Electronics expects consumers to welcome its new 18.4-inch tablet as a new means to consume streaming content – especially users in Hong Kong. “Hong Kong people are…
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