Reporting and analysis on retail, e-commerce, and consumer trends in Hong Kong, updated continuously by our newsroom.
French fashion label Maison Kitsune has opened its first permanent store in Hong Kong. Kitsuné is a French electronic music record label and fashion label created in 2002 by Gildas Loaëc, Masaya Kuroki and the London-based company Åbäke. Kitsune is the…
Dairy Farm says it achieved “modest” like-for-like sales growth in most of its major markets in the first half of this year. However, underlying profit fell 14 per cent to US$193 million, largely due to margin pressures in the food businesses and a…
Hong Kong retail sales are not as depressing as many luxury retailers would have us believe. Figures for June released unusually late in the day on Friday show a year on year decrease of just 0.4 per cent, a figure low enough to adjust the first half year’s…
Retail rents in Hong Kong have long been among the most expensive in the world, but for years the high operating costs have been worthwhile. Luxury brands could capture not only the highly sophisticated local shoppers, but also mainland Chinese and other…
From its base in Hong Kong, Hang Seng tops Bloomberg Markets’ ranking of the world’s strongest banks for the second year in a row —by being everything HSBC isn’t. While the two share roots in Hong Kong, HSBC embarked on a global expansion to become Europe’s…
Last week, Samsung introduced its latest Galaxy Tab S tablets line up which is already up for pre-orders in some regions across the globe. If you’re based in Hong Kong waiting for the new tablet, you be glad to find out it will hit retail in the region next…
Rents for retail space on the island of O‘ahu rose to a record earlier this year. Colliers International says commercial rents here have been rising for the past several years, a trend that’s expected to continue. Commercial rents have also risen in Hong…
Fast-growing Hong Kong-based online fashion business Grana has opened a pop up store in Singapore. The Grana Singapore pop up is its second – and this one is located in the heart of the city’s retail zone, on Orchard Rd. Grana is the creation of Australian…
“In Style – Hong Kong”, a large-scale promotion organised by the Hong Kong Trade Development Council (HKTDC), is coming to Jakarta 14-20 September 2015. The promotion will showcase a range of Hong Kong lifestyle products as well as business services to…
Listed Hong Kong eyewear and watch retailer Stelux Holdings has reported a 7.1 per cent decline in sales in the first three months of the 2015 financial year, compared to the same period last year. However Stelux China proved a standout in the trading results…
A new report from conservation group Save the Elephants shows Hong Kong has more ivory products for sale than any other city in the world. The group says the illegal export of these products to mainland China is undermining that government’s efforts to stop…
Burberry Hong Kong was the only apparent dampener on a solid quarter for the British luxury fashion retailer. Global retail revenue reached £407 million in the three months to June 30, representing an eight per cent increase, or 10 per cent at reported…
Korean cosmetics retailer Missha is returning to Hong Kong. Some 20 Missha Hong Kong stores were shuttered around New Year’s Eve this year when the previous local retail partner collapsed. Now Missha has a new partner – DKSH (DiethelmKellerSiberHegner) –…
Singapore-based travel and duty free retailer Duty Free International (DFI) is seeking to list on the Hong Kong stock exchange. DFI is Malaysia’s largest duty free operator, runs 36 stores, including those under the Zon Duty-free brand throughout the country,…
A decline in the number of shoppers from mainland China travelling to Hong Kong to buy luxury goods has continued to be a drag on Burberry, the British retailer best known for its trenchcoats and cashmere scarves. Burberry said on Wednesday that comparable…
International brands of non-luxury products are keen to enter the Hong Kong market despite the city suffering from a decline in retail sales. Foreign retailers catering to Hong Kong’s mass retail market are eager to secure shops in Hong Kong, which they…
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