Reporting and analysis on retail, e-commerce, and consumer trends in Hong Kong, updated continuously by our newsroom.
Oettinger Davidoff AG and the Hong Kong listed Sparkle Roll Group have rubber stamped their earlier agreed multi-million dollar Davidoff cigar and cigar accessories joint venture for China, with Davidoff taking 49.9 % and Sparkle Roll 50.1%. While the…
Asia Pacific consumers are increasingly likely to make their online purchases and bill payments through mobile devices (mobile phone or tablet), rather than via desktops, according to Visa’s 2015 Regional eCommerce Monitor Survey. The survey, which polled…
Sa Sa International says its online arm sasa.com will launch a Sa Sa flagship store on JD.com’s eCommerce platform, JD Worldwide . The move opens the way for more than 100 million JD shoppers to access Sa Sa products in the Mainland as well as in Hong Kong.…
Luxury multi-brand footwear and accessories retailer Pedder Group is pulling out all the stops with its new 20,000 sq ft Pedder on Scotts store at Scotts Square that opens today. The concept store is the group’s largest free-standing one in Asia. The biggest…
The Internet of Things (IoT) is regarded as the third technological advancement, after computers and the Internet, which sets a new trend for the ICT industry. Through IoT technology, electrical products gain access to networks, enhance remote capabilities…
The price of buying a home in Hong Kong could fall by 30 percent between now and 2017, according to forecasts. Quick, cut down on bubble tea and start saving for the property bubble to burst! Eva Lee of market leader USB says buying demand will be hurt by…
Italian luxury lingerie brand La Perla has reopened its Russell St flagship store after renovation. La Perla Hong Kong first opened in 2006 in Lane Crawford at pacific Place. Since then the brand has expanded to four stores – and the Russell St shop is…
Eyewear brand Mujosh has made its first appearance in Europe. The Hong Kong-registered label made its debut at the Silmo Paris optical fair this year, presenting its usual distinguished green wood booth concept and showcasing its select boutique products and…
Italian fashion house Prada is trying to negotiate lower shop rents in Hong Kong and Macau to reflect weak sales and the dwindling flow of wealthy tourists from mainland China, its chairman said last week. However, the Hong Kong-listed group does not plan to…
While Hong Kong, soccer minnows ranked just 151 in the world compared to China’s 84, are unlikely to cause an upset, some say the political unease could motivate the underdogs. As China celebrated its struggle victory towards Japan in Beijing on Thursday, the…
Aid agency Oxfam has urged listed companies in Hong Kong to put more effort into improving society, saying such initiatives could help enhance their brands and attract investors. But one leading finance academic questioned whether local investors were ready…
French leather product brand Perrin Paris opened its first store in Hong Kong. Perrin Paris was founded by Berthe Rigaudy and Victor Rigaudy in 1893. Though the brand has a long history, it only has four stores, which are located in Paris, New York, Los…
Casio Computer Co. Ltd., maker of G-Shock watches, is targeting the middle-class market with high-end electronic watches priced at over HK$10,000 each. The company has long been in the mass market selling plastic watches for US$100 to US$150 each. But Hiroshi…
Dairy Farm International says it has now closed 74 stores in Indonesia – and more will follow before the year ends. Dairy Farm is the majority owner of the PT Hero retail network which includes supermarkets, Guardian pharmacies and Starmart convenience…
Hong Kong consumers continue to be the most well-travelled tourists in Asia Pacific, with 84 per cent of respondents having travelled internationally for leisure during the past 12 months. That’s well above the regional average (41 per cent) and ahead of…
The Hong Kong office is intended to help JD.com expand its local market presence and warehousing capabilities, enabling it to better engage with brands and retailers across Singapore and major Southeast Asian markets, who are looking to tap the online…
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