Reporting and analysis on retail, e-commerce, and consumer trends in Hong Kong, updated continuously by our newsroom.
Christian Louboutin has opened a new boutique in Landmark Prince’s, at Hong Kong’s Central. Inspired by the brand’s first boutique in Galerie Vero Dodat, the store facade features red-tiled walls with “petroleum-blue ceramics” and a Christian Louboutin neon…
Yum China – the operator of KFC, Pizza Hut, Taco Bell, and local restaurant chains – is reportedly preparing to list on the Hong Kong stock exchange as early as next month. The IPO, should it proceed, is likely to raise as much as US$2 billion, according to…
Hong Kong-based DTC footwear start-up Lane Eight, has just released an all sustainable workout shoe range. Released in three colorways – Electric Neon, Cloud White and Lunar Grey – the brand’s signature AD 1 trainers have been redesigned with all-sustainable…
HSBC stay on course with its China ambitions with the latest target to hire 2,000 to 3,000 wealth planners over the next four years for its mainland business. HSBC’s will seek to broadly expand its count of wealth planners in Asia with much of the growing…
Bonjour Holdings has warned of a loss as high as US$12 million for the half-year to June as it weighs the impact of protest activity and the Covid-19-driven lockdown of the border with Mainland China. In a profit warning, the health & beauty retail group said…
Hong Kong retail sales in June slumped by 24.8 percent to US$3.42 billion as the territory’s borders remained all but closed to tourists due to the Covid-19 pandemic. The decline was lower than in May when sales were down 32.9 percent year on year and the…
Swindon Book Co, one of the oldest bookstores in Hong Kong, will permanently close at the end of this month. The 5000sqft Tim Sha Tsui venue, with its distinctive vintage storefront on Lock Road, has operated for more than a century. Its closure comes as…
Global quality control company HQTS’ Production Monitoring service helps your supply chain be as efficient as possible. Production Monitoring is an end-to-end service for monitoring the production process. It gives customers greater control and insight into…
Luk Fook Holdings has reported a 71-per-cent plunge in first-quarter same-store sales due to the impact of Covid-19 on tourist numbers traveling to Hong Kong. However, the company said that entering June, as retail sentiment in Hong Kong and on the mainland…
Renowned for being ‘the breakfast staple of Koreans’, sandwich chain Isaac Toast has just opened its second store in Hong Kong – seven months since its debut at Sha Tin’s New Town Plaza. The new store is located inside Langham Place shopping center in Hong…
Deliveroo, Hong Kong‘s leading food-delivery company, has today announced the arrival of “Wing It,” a virtual chicken wings brand developed and tested by the Deliveroo team in London. Renowned for bringing unique F&B concepts to the local market, Deliveroo…
The popularity of e-commerce has risen in Hong Kong as a result of the coronavirus pandemic, despite the market’s longstanding preference for physical stores. Analytics firm GlobalData says its research shows that the e-commerce market in the territory will…
Hong Kong jeweler Chow Tai Fook says the reopening of retail stores in Mainland China eased the company’s sales decline in the June quarter. But the lack of tourists in Hong Kong and Macau decimated sales there. Same-store sales were down by 93.2 percent in…
Swatch Group has cut about 2400 jobs, its biggest cull in at least three decades, and will trim its store network as the Swiss watchmaker recorded its first-ever loss. The maker of Omega and Longines timepieces said Tuesday it accelerated plans to shut stores…
Lush has taken a positive approach to its future in Hong Kong following the closure of its Central flagship store at the end of last month. But it has criticized the city’s landlords generally for failing to share the burden of a decimated retail market in…
British fashion label Topshop will close its 14,000sqft flagship in Hong Kong when the lease comes up for renewal in October, the latest in a string of mid-level international retailers to exit the territory. And watch brand Swatch has shuttered its prime…
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