Reporting and analysis on retail, e-commerce, and consumer trends in Hong Kong, updated continuously by our newsroom.
Hong Kong’s retail environment showed further signs of improvement in November, although the recovery may have been short-lived as the city was hit with a fresh wave of virus infections and imposed new restrictions late in the month. The provisional value of…
The new Sustainability Concept Store focuses on reducing plastic waste and supporting local sustainability projects. Located at Pacific Place in Hong Kong, the new store aims to engage the public in a fun way by undertaking green tasks and earning points…
OmniFoods creator, Green Monday Group, has launched Southeast Asia’s first Green Common outlet at VivoCity, in Singapore. Spanning 3000sqft, the Green Common Singapore venue houses a dedicated area for retail and a wider cafe area with indoor capacity of 112…
VF Corp. (VFC), a provider of branded lifestyle apparel, footwear and accessories, announced a transformation plan for its Asia Pacific operations, with relocations over the next 12 to 18 months with the first moves expected in April 2021. VF plans to move…
Hong Kong’s retail sales fell 8.8% in October, the first single-digit fall since June last year, showing further signs of a recovery after coronavirus restrictions had slammed the brakes on spending and tourism in the global financial hub. The drop compared…
A 37-year old man in Hong Kong allegedly sought to sell bitcoin for cash but ended up being swindled during an in-person transaction in a vehicle and kicked out. The victim had originally scheduled to meet two individuals to trade 15 bitcoin at HK$235,000…
Located at the K11 Art Mall in Tsim Sha Tsui, the 265 square meter store will be Sephora’s first location in Kowloon, marking a new milestone in Sephora’s business expansion in the region. Due to open its doors in early January 2021, the new Sephora K11 Store…
Self-exiled Hong Kong dissident Ted Hui, who was recently spotlighted over frozen accounts at HSBC, has faced even more pressure from the British lender which allegedly canceled credit cards and «unlawfully embezzled» his funds without explanation. Ted Hui…
Hong Kong-based lingerie and fashion label 6ixty8ight has opened its first franchise store in Mainland China. The 6ixty8ight franchised store is located at Daruncheng Shopping Centre in Henan, its first brick-and-mortar outlet in the province, and spans about…
Deliveroo today announces that, together with Feeding HK, over HK$650,000 has been raised by Deliveroo customers through the delivery app’s donation feature. A first of its kind in Hong Kong, the Deliveroo in-app donation and tipping feature allowed customers…
Local apparel retailer Bauhaus International (0483) has revealed an intention to close all its retail stores outside Hong Kong and Macau by the end of March. The group’s loss outside Hong Kong and Macau expanded more than 13 times to HK$78.4 million in 2019…
Esprit Group has announced that its CEO Anders Kristiansen and chief financial officer (CFO) Johannes Schmidt-Schultes are both exiting the company next year. Kristiansen, who was formerly managing director of New Look, has been at the helm of Esprit since…
The desk will cater to the needs of family offices and independent advisors managing wealth on the behalf of their clients. HSBC’s private banking arm has set up dedicated independent asset management (IAM) in Singapore to expand its reach into a fast-growing…
Just one week after Singapore saw its first mainstream crypto foray by DBS, Hong Kong mirrors the city-state’s move by issuing a license to BC Technology Group’s OSL Digital Securities. The Securities and Futures Commission (SFC) has issued a Type 1 (dealing…
Hong Kong on-demand platform and food delivery giant Deliveroo has announced the appointment of Kevin Wong Chi Wang as Commercial Director. He will lead the Deliveroo restaurants team, which comprises over 60 account managers, business development…
Hong Kong on-demand platform and food delivery giant Deliveroo has announced the appointment of Kevin Wong Chi Wang as Commercial Director. He will lead the Deliveroo restaurants team, which comprises over 60 account managers, business development…
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