Reporting and analysis on retail, e-commerce, and consumer trends in Hong Kong, updated continuously by our newsroom.
Convenience Retail Asia says sales in its convenience stores and bakeries rose marginally last year, but rising costs dented profits. CRA, part of the Fung Retailing group, operates 604 retail stores in southern China. It has 329 Circle K stores in Hong Kong…
Prada Hong Kong has opened its ninth store – inside the prestigious Plaza 2000 in Causeway Bay. The space, designed by architect Roberto Baciocchi, covers a total area of 1320 sqm and features women’s and men’s ready-to-wear, leather goods, accessories and…
Hong Kong based jeweller Chow Tai Fook says sales in its core Hong Kong market plunged 29 per cent over Lunar New Year. However an 11 per cent rise in mainland sales saw its total sales rise nine per cent during Lunar NY 2015 compared with the same season in…
Cityplaza is set to open Eslite Spectrum Hong Kong early next year, taking over two storeys of floor area spanning over 49,000 sq ft in the mall. The Taiwanese lifestyle bookstore is expected to enhance Cityplaza’s trade mix and quality retail offerings.…
Hong Kong fast fashion chain Bossini has reported a modest boost in sales in the half year to December. Group revenue increased by four per cent year-on-year to HK$1,319 million (US$170,056,190) and gross profit for the period under review was HK$665 million…
Yum! Brands has unveiled a new concept store in Hong Kong – Pizza Hut Super Delco. The delivery-based, eat-in store model features smaller scale fast casual or a convenient eat-in area with seating for 30-50 customers. The company believes the new store model…
Luxury jeweller Graff Diamonds has further broadened its Asian presence, opening a new flagship in Hong Kong. The new store is in the St George’s Building in the city’s Central district. It features a broad frontage facing onto the street, as photographed.…
A Hong Kong retailer of knock-off designer dresses has been hit with a $2.25 million judgment by US-based Sherri Hill and order to shut down a string of online stores. Sherri Hill, a US designer and retailer of quality prom dresses and evening gowns, has won…
After years of tepid growth, sales at several Australian vitamins, minerals, and supplements companies suddenly shot up by 20, 30, or even 40 per cent in 2015. For those who know what happened in China in 2014, the source of this growth probably isn’t a big…
Hong Kong Customs and police have raided four properties, seizing nearly 4000 fake items in an ongoing clampdown on counterfeit rings in the city. The raids occurred in Mong Kok and Tsim Sha Tsui and resulted in the arrests of four men aged 23-47. The seized…
The new casino is an imposing structure on Manila Bay with 6 gleaming golden towers surrounding a giant egg-shaped dome, and industry and government leaders hope it will attract cashed-up tourists from other parts of Asia Manila aims to rival Macau and Las…
Hong Kong’s Harbour City shopping centre is hosting its sixth annual Chocolate Trail until March 1. For five weeks Hong Kong’s largest shopping destination has been transformed into ‘ChocoLand’, offering visitors a unique ‘Bean-To-Bar’ journey to deepen their…
An Australian sushi restaurant chain has opened its first outlet in Hong Kong. And now Wasabi Warriors plans more stores in the city, along with expansion into the Philippines in February and Dubai later in the year. Hong Kong ‘Business Warrior’ Elga Wong…
“The overall sentiment in the retail market has improved after the political protests, and retail sales have seen a mild increase in the last quarter. However, retailers need to be cautious of the gradual decrease in luxury consumption from mainland Chinese…
The popularity of South Korean pop culture and products in China shows no signs of abating, as South Korea has seen more Chinese shoppers than ever, but it could come at a cost to Hong Kong. Erwan Rambourg, a consumer goods analyst for HSBC and the author of…
The Chinese luxury market has gone through changes in 2014 driven by changes in consumer behavior and the government crackdown. What can we expect in 2015? The recent Ruder Finn and Ipsos’s China Luxury Forecast survey provides a glimpse into what we can…
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