Reporting and analysis on retail, e-commerce, and consumer trends in Hong Kong, updated continuously by our newsroom.
Supply chain leaders and service providers will convene again on March 1, 2016 in Hong Kong to provide major brands, manufacturers, retailers, agents and suppliers insight into the challenges and strategies to prepare for increased globalization of supplier…
Fast fashion chain H&M is estimated to contribute 10 per cent of Hang Lung Properties’ rental income in Hong Kong this year but the developer faces a decline in retail rents in the mainland. The US investment bank estimated the developer’s rental income in…
Airport Authority Hong Kong (AAHK) has welcomed nine newly-opened retail shops and a café to the recently-inaugurated Midfield Concourse at Hong Kong International airport. In addition to the new shops outposts there are also outposts and a money-exchange…
Maverick beer maker BrewDog has opened the doors to its latest bar, promising Hong Kong residents and visitors a “mega soul food menu” alongside a line-up of craft ales. The Aberdeenshire brewer, founded in 2007 by business partners James Watt and Martin…
Hang Lung Properties chairman Ronnie Chan Chichung said on Thursday the developer cut its final dividend for the first time in 16 years amid weak sales in Hong Kong and the poor retail outlook in China would be a headwind over its prospects going forward. On…
Hong Kong retail sales posted a second straight annual decline despite sharp discounting, the Census and Statistics Department said, reflecting a sustained decrease in visitors from mainland China and the diminished buying power of a weaker yuan. Retail sales…
Growing ranks of Hong Kong landlords are renting out retail space for as little as 90 days to ride out the downturn. The number of short term Hong Kong leases has risen sharply since November, according to property agent Midland IC&I. The trend began in the…
In a bizarre retail initiative, Gift Flowers Hong Kong is willing to plan the next 50 Valentine’s Days in advance for everyone. The Hong Kong online florist says it will deliver roses to their loved ones “for the rest of their lives, even when they are not…
Retail sales fell 3.7 percent in value last year, the biggest decline since the SARS outbreak in 2003, Hong Kong Retail Management Association chairman Thomson Cheng said. Cheng also said the value of retail sales this year is forecast to fall by at least 3…
‘I run the business just like a hobby’: says Bosco Law, Lawsgroup chief executive. Before his death in 1996, the Hong Kong textile tycoon Law Ting-pong handwrote a letter of wishes in which he expressed the hope that “those who are careful at the beginning…
Two months after jeweller Chow Tai Fook set up its first shopping mall selling Hong Kong products in the Qianhai free-trade zone, it was offered opportunities by several mainland cities, including Shanghai, inviting it to build such malls in their free-trade…
Cosmetics and skincare products company L’Occitane International reported China was the main driver of sales in the nine months ended December 31. But Hong Kong and Macau retail sales dropped by 14.5 percent. Hong Kong travel retail business also suffered…
AS a premier Asian financial center parked at the doorstep of one of the fastest-growing economies on the planet, Hong Kong has long lived a charmed life. The former British colony’s Western-style legal and regulatory system made it a magnet for global…
Foodpanda Hong Kong has partnered with OpenRice Hong Kong, the city’s most comprehensive platform for sharing dining experiences through reviews and ratings. This cross-platform collaboration will allow Hong Kongers to order directly from Foodpanda’s…
With demand from Hong Kong, Brunei and Malaysia, Indonesian fashion brand Berrybenka is taking steps to beef up its eCommerce services. It will also be opening more pop-up stores outside Jakarta, its main stronghold, The Jakarta Postreports. CEO Jason Lamuda…
Dubai-based real estate master developer Nakheel , creator of some of the world’s most famous landmarks including Palm Jumeirah, is heading east to showcase new projects with construction values of over US$4.6 billion at the Dubai Property Show in Hong Kong…
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