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…
K.Diamond is a revolutionary skin care product that comes from the house of Swiss Lausanne Research and Development Center, which is a world leader in cell technology research. Recently, the Switzerland based lab decided to distribute and sell its products…
British jewellery brand David Morris will open its second Hong King boutique at The Galleria on 9 Queen’s Road Central at the end of July. Jeremy Morris, son of founder David Morris and managing director of the eponymous brand, said: “Hong Kong has two…
In the world of mobile commerce, all eyes are on China. Even as China’s economy and overall retail sales growth drops, business-to-consumer (B2C) online sales are growing by 25 per cent each year. Data gathered from iResearch in a March 2015 report states…
As part of a huge push to own the Chinese market, Apple is opening up a new store in Hong Kong. It will be located on Canton Road, which is known for shopping, on the Kowloon side of Hong Kong. The company has yet to announce an opening date, but work is…
Thirteen Nuance Group (HK) stores have been recognised for their environmental performance and commitment out of a total 23 at Hong Kong International Airport’s Environmental Management Recognition Scheme 2014/15. Essentially, the Airport Authority Hong…
Baby and maternity products retailer Mothercare is implementing warehouse platform Peoplevox in Asia, following initial success with the system in its Irish business. The vendor’s dedicated eCommerce warehouse management system is to be implemented in…
The retail licences and advertising revenue segment at Hong Kong International Airport (HKIA) rose by a respectable +10.8% to HK$6,820m/$880m in 2014/15, with an upswing that was lower than the year before when it shot up by +23%, largely reflecting a full…
The days of double-digit sales growth seem like a mirage now. Not long ago retailers were blasé about such numbers when mainland visitor arrivals were at their peak. Now, of the 10-odd shops in a prime stretch of Yee Wo Street in the Causeway Bay shopping…
Danish jewellery brand Pandora has opened a dedicated 13.5sq m promotional area at Hong Kong International Airport (HKIA) in partnership with DFS Group. The zone is a celebration of ‘Explore, Dream & Discover’, involving a pre-launch of Pandora’s new travel…
Chow Tai Fook Jewellery Group Ltd., the world’s largest listed jewelry chain by sales, saw the value of its retail sales fell 6 percent in April to June due to weak sales in Hong Kong and Macau. Same-store sales fell by 7 percent in mainland China, and were…
Authorities figures for Hong Kong retail gross sales in Might recommend the worst of the tumult seems to be over. The whole worth of retail gross sales in Might 2015, provisionally estimated at HK$39 billion, edged down by zero.1 per cent in contrast with the…
Hong Kong-based magnificence merchandise retailer Sa Sa has elevated gross sales regardless of the home market challenges. The group’s complete turnover elevated by 2.7 per cent from HK$eight.756 billion to HK$eight.993 billion within the yr to March 31.…
Australian gambling operator Melco Crown has issued a corporate statement, confirming that conditions for its delisting from the Hong Kong Stock Exchange had been met as of 26 June. Today will represent the last day of trading by Melco Crown, as the operator…
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