Reporting and analysis on retail, e-commerce, and consumer trends in Hong Kong, updated continuously by our newsroom.
Beauty products retailer Sa Sa International has warned its half year profits will plunge by 50 per cent. A Sa Sa profit warning filed with the Hong Kong Stock Exchange said preliminary analysis of accounts for the six months to September 30 pointed to a…
Five innovative Hong Kong fashion designers; Chailie Ho, Kathy Lam, KOYO William, Lulu Cheung and Polly Ho, will showcase their 2016 Spring/Summer collections at the Mercedes-Benz Fashion Week TOKYO this month. The group show, “Fashion Hong Kong”, which is…
Hamleys – the world’s oldest toy retailer – has been bought by a Hong Kong investor. As rumoured last week, the business has been sold to interests connected with the Sanpower Group in China’s mainland, which last year acquired UK department store House of…
The Emack & Bolio’s Central ice cream parlour just opened in Hong Kong is described as “unlike any other” you’ll find in the city. Emack & Bolio’s, at 26 Cochrane St, serves up 31 flavours of ice cream, frozen yogurt and sorbets along with smoothies,…
The world’s largest fondue restaurant chain is looking to expand throughout Asia after early success in Indonesia. Franchisees are now actively being sought for The Melting Pot in Hong Kong, Macau, China, Japan, South Korea and India. The Tampa, Florida-based…
Marriott International Asia Pacific announces its second Women in Leadership Asia Pacific Conference closes today after a resounding past three days of success. The event took place at Marriott International’s recently-opened The Ritz-Carlton Macau and JW…
With growing concerns of the effects of pollution on the skin in Asia, personalized routines are in demand now more than ever. International players like L’Oréal are looking to cater to this trend by developing even more specialized formulations that…
Miu Miu will be running another store at Canton Road besides the one at Peking Road in Tsim Sha Tsui. Photo: Nora Tam Fashion brand Miu Miu is taking up a shop formerly occupied by Marc Jacobs on Canton Road in Tsim Sha Tsui, in the musical chairs of Hong…
A slowdown in mainland tourist inflow has prompted Hong Kong’s retailers to step up efforts to attract those who are still making their way to the city. To grab the attention of the visitors, shops and other tourism-dependent entities are launching new…
SCMP Group Ltd announced today that it is acquiring a majority stake in MyDress Holdings Ltd, operator of MyDress.com. SCMP Group acquired a 56.65 per cent share of MyDress Holdings Limited with its investment of HK$39.7 million (US$5.12 million), according…
U.S. luxury handbag maker Coach Inc. opened its four-story flagship store in the heart of Hong Kong’s Central district to much fanfare in June 2008, with a celebrity-studded, champagne-fueled party. In August, the company quietly terminated its HK$5.6 million…
Hong Kong’s retail and tourism sectors have suffered another setback as mainland media have, with good reason, reportedly widely the tragic death of a Chinese tourist in the city this week. Already reeling from slowing sales, the latest negative publicity…
Vendors of wines and liquors appeared to be undaunted by a retail and tourism slump in Hong Kong as they welcomed the annual Wine and Dine Festival in the Central harbourfront. One of the biggest in recent years, the festival this year features 340 stalls and…
In more than three decades in Hong Kong’s real estate industry, Sheraton Valuers’ Michael Chik Pa-fai has seen a number of up and down cycles. With retail sales falling, the managing director of the retail property-focused brokerage expects the slump in…
British luxury brand Burberry says Chinese luxury spending patterns have impacted on its sales in the six months to September 30. While the brand’s global retail sales rose two per cent to £1.105 billion in the half year, CEO Christopher Bailey described the…
Ishtara Jewellery, a Singapore business with origins in India, plans to expand within Asia and into Europe and the Middle East. MD and owner Parthiban Murugaiyan says Ishtara is marketing Indian-made gold jewellery in Singapore and its sister company Luvenus…
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