Reporting and analysis on retail, e-commerce, and consumer trends in Hong Kong, updated continuously by our newsroom.
Between now and December 16, Airport Authority Hong Kong is incentivising passengers with ‘deluxe promotions’ which include a coupon for HK$5,000 ($645) and a complimentary delivery service to all addresses in the Greater China Region. The offer is open to…
Indian retailer Malabar Gold and Diamonds says it will open 22 new stores in India, the Gulf and ‘the Far East’ over the next six months. New showrooms will be opened in Hong Kong and Indonesia as part of the plan, but there are no details as yet on timing or…
BNP Paribas is shutting down a private trading platform in Hong Kong, according to a note sent by the French bank to its clients. The platform was what’s called a dark pool – a place where institutional investors can engage in private securities trades.…
English Premier League club Manchester City has partnered with EZ Shopnet to launch five online stores serving Asian fans. Manchester City online stores will be launched for customers in China, Hong Kong, Japan, Korea andSoutheast Asia. As the club’s new…
Apparel business I.T. Limited has boosted sales by 5.1 per cent to HK$3.393 billion in the first half year despite a slowdown in Hong Kong. But the company recorded a net loss of $31 million due to a non-recurring foreign exchange losspreviously reported…
L’Occitane Hong Kong and Macau sales are still falling, but in the mainland they soared 20.4 per cent in the last six months. Unveiling its results for the half year to September 30, L’Occitane said worldwide sales rose 12.5 per cent to US$546.7 million. In…
A new study on the future of fish in the South China Sea reveals that key species consumed in Hong Kong are under serious threat from overfishing and habitat destruction, and unless immediate action is taken it will be too late. Some of the topline findings…
After waving goodbye to the boom in mainland Chinese arrivals, Hong Kong’s retail leasing market is refocusing on broad-based, local consumption, including food and drink. Hong Kong shopping streets are changing as luxury shops, including watch, handbag and…
Marie France Van Damme, the Hong Kong-based designer known for her globally influenced line of luxury resort, swim, and ready-to-wear, announced today the opening of a fifth boutique in Singapore’s Takashimaya Shopping Centre in November 2015. Since launching…
The Estée Lauder Companies reported strong financial results today for Q1 ended September 30, 2015/16, achieving net sales of $2.83bn – up +8% against $2.63bn achieved in the prior-year quarter. Net earnings rose +36% to $309.3m compared with $228.1m in the…
Airport Authority Hong Kong has issued audio/visual/electronics, fashion and fashion accessories and gifts/souvenir/toys tenders at Hong Kong International airport. Five consumer technology retail store concessions are available with a submission deadline of…
Berlin-based premium-restaurant delivery service foodora is expanding to Hong Kong. The startup offers an alternative to traditional takeaway options and employs an advanced logistics algorithm to ensure that food maintains its high quality and arrives at the…
Tina Priscilla Tam has resigned from Burberry, where she was Vice President of Travel Retail Asia, to set up her own company called Paccaya Resources Ltd in Hong Kong, where she is now pursuing new personal opportunities. Formerly with Celine, Lancaster, and…
Despite being the city with the 3rd most expensive real estate prices in the world and home prices hitting a record high earlier this year, Hong Kong property prices are expected to begin to drop in 2016, according to experts and analysts in the city’s…
Sinomax Group Limited (“Sinomax,” together with its subsidiaries, the “Group”) (stock code: 1418), a leading marketer, manufacturer and distributor of quality visco-elastic (“memory foam”) pillows, mattress toppers and mattresses in the United States (the…
Clothing retailer Esprit Holdings Ltd reported a 14.9 percent slide in first-quarter turnover on Monday as sales in Europe lagged and it cut its store footprint. Turnover in Hong Kong dollar terms fell to HK$4.7 billion in the three months ended Sept. 30,…
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