Reporting and analysis on retail, e-commerce, and consumer trends in Hong Kong, updated continuously by our newsroom.
US informal eating chain Buffalo Wild Wings is within the means of securing grasp franchisees in at the very least six extra Asian nations as its first foray into the area pays off. In January BWW opened its first restaurant within the continent, in Manila,…
Smartac Group China Holdings Limited (“Smartac Group” or the “Company”, together with its subsidiaries, the “Group”, stock code: 395) announces that its wholly-owned subsidiary Solomedia Asia Limited (“Solomedia Asia”) has signed a Memorandum of Understanding…
The board of directors of Luk Fook Holdings (International) Limited announced the annual results of the company and its subsidiaries for the year ended 31 March 2015. The Group’s revenues dropped 17.1 percent $2.48 billion (HK$15.92 billion), from (2014:…
Magnificence merchandise retailer Sa Sa is to simply accept Tencent’s WeChat funds in 100 Hong Kong shops. Sa Sa thus turns into the primary international retail companion of tencent’s new offline WeChat-based cross-border cost service, TenPay. WeChat’s…
Hong Kong listed attire retailer Dickson Ideas says it won’t be renewing its licence to promote the US menswear model Brooks Brothers. Dickson, which has the licence for Hong Kong, Macau, China and “different designated territories in Asia” says the choice…
Smartphone maker Huawei says its determination to concentrate on Southeast Asia is already bearing fruit. With the profitable Southeast Asia regional launch of the Huawei P8 and wearable units in Bangkok Thailand in late Might, Huawei is retaining the…
Hong Kong equipment jewelry and residential ornament retailer Uber Tunique on Wednesday opened its fourth store in Causeway Bay. The Causeway Bay retailer will introduce the 2015 Summer time Assortment of a brand new French trend model Chloe Stora. Based by…
T Galleria by DFS has a brand new luxurious magnificence retailer idea – T Galleria Magnificence by DFS. The shop focuses purely on cosmetics, skincare and fragrances, permitting its clients to find “a world of private magnificence experiences in a single…
Chinese language smartphone maker Xiaomi has opened its first retail retailer outdoors the Mainland. The Mi Hong Kong retailer – dubbed Mi Residence – is a 270 sqm area inside Hollywood Plaza at 610 Nathan Rd in Mongkok. We are saying ‘area’ as a result of…
Hong Kong luxurious division retailer Lane Crawford has been named Tremendous Retailer of the Yr within the Hong Kong Retail Business Commerce Awards introduced this week. The awards have been introduced at a gala dinner through the three-day Retail Asia Expo…
Despite higher net yields in Bangkok, the market is not liquid but does offer value to long-term investors, agents say. An increase in interest among Hongkongers in buying overseas properties has prompted an agent primarily focused on Thai properties to open…
Trend is a worldwide enterprise, and the world is a burgeoning market. The US$1.5 trillion trend commerce is on a double-digital progress trajectory pushed by creating economies, and large retailers will not be the one beneficiaries. Begin-ups and smaller…
Hong Kong retail gross sales in April slipped 2.2 per cent on a yr on yr foundation, proof that the decline in retail spending is stabilising. The Census and Statistics Division (C&SD) says the entire worth of retail gross sales in April 2015 is provisionally…
Hong Kong jeweller Chow Tai Fook is flexing its muscle in a softening retail rental market, in search of lease cuts of as much as 20 per cent. The listed firm says some 30 leases throughout the territory will come up for renewal later this yr and the…
The MetaPack Group, the main supplier of e-commerce know-how for supply providers, as we speak introduced its enlargement into Asia with the opening of operations in Hong Kong. With workplaces in the UK, France, Germany, Poland and the USA at present, the…
Hong Kong born luxury fashion label Shanghai Tang is expanding from fashion and homewares into the fragrance business. While Shanghai Tang, now part of French based Richemont Group, has offered scents for some years, this week’s launch takes it into the top…
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