Reporting and analysis on retail, e-commerce, and consumer trends in Hong Kong, updated continuously by our newsroom.
Louis Vuitton is committed to the Greater China market and the company’s chief believes Hong Kong’s challenges are of a short term nature. And the company has announced it will soon commence renovations of its Louis Vuitton Hong Kong flagship store at…
Hong Kong stocks closed at their lowest level since mid-2012 on Friday, extending steep declines from the previous day in a holiday shortened week, as index heavyweight HSBC tumbled to a seven-year low after the company decided to scrap a pay freeze plan…
Hong Kong International Airport (HKIA) is celebrating the Year of the Monkey with a series of promotional activities and offerings, including cash coupons for shoppers of up to HK$5,000 ($642). From today through to February 15, travellers spending over…
A $100 million investment aimed at funding pan-Asian expansion is on the cards for Singapore’s online grocer RedMart. Discussions involving the Series C investment are said to be at an advanced stage, reportsTechCrunch, citing two sources. While closure is…
Coach Inc says its net sales totalled US$1.27 billion for the second fiscal quarter – up 4 per cent year on year, and up 7 per cent on a constant currency basis. China was a primary driver of the increase in the three months to December 26, with sales up in…
Hong Kong stocks fell in their worst start to a lunar new year since 1994 as a global equity rout deepened amid concern over the strength of the world economy. The Hang Seng Index slumped 3.9 percent at the close in Hong Kong as markets reopened following a…
A stroll down Queen’s Road Central reveals the changes that the drop-off in mainland Chinese tourists has wrought in this once-exclusive shopping area. U.S. luxury handbag maker Coach shut down its four-story shop here last August, and its place was soon…
Established in 2006, French jewellery brand Ofee has launched its first boutique store for Asia, in Hong Kong. Featuring gold and diamond creations, the store has more than 30 outlets in its home country. The opening of its flagship store in Causeway Bay was…
Fashion fans formed a queue outside the new H&M Mong Kok flagship store before it opened its doors for the first time on Friday. And as our photos show, it’s an eye-catching design for the fast fashion giant. Staff members of the Hennes & Mauritz store…
The Chinese New Year – the Year of the Monkey – has passed. The Gregorian calendar year has gotten off to a somewhat inauspicious start – certainly as far as commodities are concerned (although diamonds seem to have bucked that trend somewhat), so what is in…
Hong Kong retail sales fell 3.7 percent last year the worst in 13 years, including the 2.3 percent slide during the 2003 SARS epidemic with a gloomy outlook also forecast for this year. Retail sales fell to HK$475 billion, with volume slipping 0.3 percent, a…
In the two weeks leading up to the Chinese New Year, eCommerce sales in Asia grew by 40 per cent with 25 per cent more consumers shopping online. Three in 10 transactions were completed on a mobile device, according to performance marketing technology company…
Harley-Davidson Hong Kong has unveiled a new showroom in Chai Wan as part of its expansion plan in the city. The new showroom, covering about 9000 sqft (840 sqm), showcases the latest Harley-Davidson motorcycles, clothing and related services and products.…
Going into this quarter the main concern for Alibaba was that a slowdown in Chinese economic growth would damage its performance. Fortunately, this has not materialised with very solid uplifts in its Chinese retail marketplace proposition underpinning a…
Pizza Hut Hong Kong has is implementing a super retail network solution from Hutchison Global Communications to connect more than 100 outlets to the company’s data centers. Pizza Hut says the solution – a next generation metro Ethernet data capability…
Retailers in Hong Kong preparing to welcome Chinese mainland tourists over the Lunar New Year festive period face a real crisis: Canny shoppers don’t think the special administrative region is cool enough. HSBC’s global co-head of consumer and retail…
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