Maria SantosFashion
LVMH and Prada Shares Trade at Deep Discount to Zara and H&M
Investment trends that propelled high-end apparel makers for 20 years are fading as luxury brands depend on a narrow group of ultrawealthy consumers.
Hong Kong Retail News
Reporting and analysis on retail, e-commerce, and consumer trends in Hong Kong, updated continuously by our newsroom.
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Minjun ParkReal Estate
Bangkok Luxury Home Prices Surge 75% over Past Decade
Prime residential properties in the Thai capital average $12,000 per square metre, maintaining an accessible valuation gap against Singapore and Hong Kong.
Maria SantosFood
DFI to Take over 1,100 Starbucks Stores in $340 Million Deal
Maxim’s Caterers will buy back DFI Retail Group’s 50 per cent stake as part of a reorganisation across seven Asian markets.
Sarah ChenE-Tailing
Shein Net Revenue Rose 1 per Cent in First Report as Public Company
Rising shipping costs and changing customs rules squeezed profits even as orders and active customer numbers grew.
Sarah ChenE-Tailing
Buy&Ship Joins Tokyo Stock Exchange Hub as First Hong Kong Scale-Up
The cross-border platform evaluates a Tokyo listing and US expansion following a 12 million US dollar Series C funding round.
Minjun ParkReal Estate
Casino Tycoon Angela Leong Sells Sai Kung House for $8.9M
SJM Holdings co-chairwoman Angela Leong netted a modest HKD1.2 million gain on the Pik Sha Road property after holding the asset for 14 years.
Rajiv MenonE-Tailing
Shein Net Profit Drops 67 Percent to 228 Million Dollars as Air Freight Squeezes Margins
Second-quarter revenue rose just 0.9 per cent to 11.08 billion dollars while stock in Hong Kong fell 27.3 per cent below its listing price.
Aiko TanakaLogistics
DHL Express Names Julian Neo Managing Director for Hong Kong and Macau
Veteran executive Julian Neo takes charge of Hong Kong and Macau operations ahead of a planned 4.9 per cent rate increase across both territories.
Sarah ChenE-Tailing
Shein Second Quarter Profit Plunges 67 per Cent to US$228 Million
Higher jet fuel costs and shrinking sales across Europe and the United States eroded operating margins to 2.1 per cent in the retailer’s first public report.
Maria SantosFashion
Alo Yoga Opens 7,000 Square Foot Flagship at K11 Musea in Hong Kong
The Los Angeles athleisure label takes over a prime two-level harbourfront space in Tsim Sha Tsui as it prepares a wider mainland store rollout.
Maria SantosLiving
Mainland Chinese Tourists Flock to Hong Kong Trails as Spending Slows
Visitors are bypassing luxury shopping hubs to visit natural landmarks such as the 140-million-year-old UNESCO Global Geopark.
Aiko TanakaResearch
Gleneagles Hospital Completes Hong Kong’s First 2 Histotripsy Cancer Trials
Dr Neal Kassell of the Focused Ultrasound Foundation says global trials for pancreatic and brain cancers could yield major results within three years.
Rajiv MenonReal Estate
Nearly 20% of Asia-Pacific Firms Expect AI to Cut Office Space, CBRE Finds
A survey of 651 corporate real estate executives found that 56 per cent see no immediate impact on space demand, while 25 per cent expect to expand their footprint.
Minjun ParkReal Estate
Shorea Capital Buys Sheung Wan Tower as Amazon Adds Fanling Sites
Singapore investment firm Shorea Capital will convert The Pemberton into residential units, while Amazon Data Services adds two Fanling sites.
Wei ZhangTelecom
Goodman Group Raises $455 Million for Hong Kong Data Centre Partnership
Proceeds will primarily fund mechanical and electrical works at the 50-megawatt HKG10 facility in Tsuen Wan, scheduled to enter service in early 2028.
Sarah ChenReal Estate
Hong Kong Malls Target Double-Digit Tenant Sales Growth During Asian Games
Sino Group expands sports campaigns across four properties after earlier World Cup promotions lifted customer visits by up to 15 per cent.