Reporting and analysis on retail, e-commerce, and consumer trends in Hong Kong, updated continuously by our newsroom.
Japanese ‘celebrity’ ramen champion Hayashi Takao is opening a second branch of Ramen Cubism in Tsim Sha Tsui later this month. The new restaurant is sister to the first outlet in Central, which has performed strongly since its Hong Kong debut in January.…
Hong Kong retail sales crashed 23 percent in August as extradition-bill protests saw stores shuttered and visitors staying away. August’s decline was the worst month on record, even worse than September 1998 when the Asian Financial Crisis hit. According to…
Following its debut flagship in Times Square this summer, the second store of Dutch bath-and-body label Rituals in Hong Kong launched yesterday at IFC. The brand plans to open two more stores in the city this year, along with its first travel-retail venture…
Japanese tearoom chain Afternoon Tea Tearoom will open its first branch in Hong Kong this Saturday to offer a Japanese-style casual afternoon tea experience in a tourist hotspot. The tearoom is located in K11 Musea in Tsim Sha Tsui and offers sweets and a…
HSBC Private Banking has announced the expanded role of Cynthia Lee, appointed as Regional Head of Private Wealth Solutions (PWS), Asia Pacific, and the appointment of Steven Weekes as Head of Private Wealth Solutions (PWS), South East Asia. Cynthia Lee is…
F&B firm Jumbo Group has opened the second Singapore outlet of its Tsui Wah restaurant at The Heeren. The locations are the brand’s sole Tsui Wah venues outside of greater China, with the new 4800sqft Tsui Wah Orchard Road restaurant opening around 15 months…
The Bank of International Settlements has signed an operational agreement with the Hong Kong Monetary Authority to establish an innovation center in the special administrative region. The hub will identify and develop insights about technology affecting…
While most new recipients of Hong Kong digital banking licenses were planning to begin operations by 2019-end, higher priorities are in play for the city’s millennials – the key demographic for the sector – causing lenders to delay their launches. Some…
“Dozens” of smaller Hong Kong retailers may be forced to close their doors as ongoing protests – now into their 15th week – impact trade. The Hong Kong Retail Management Association has repeatedly been warning of critical impact on the retail sector as store…
The new venue, Tominokoji Yamagishi, is part of the 90-year-old firm’s expansion plan in the local dining industry. Located in the prime Ocean Centre in the heart of Tsim Sha Tsui, it provides 15 seats for booking and serves fine Kyoto cuisine. “Kyoto…
Japanese baker Hattendo is planning to ramp up its store rollout in Asia, with particular focus on Greater China and Southeast Asia. The company – known for its cream-filled buns – already has stores in Hong Kong, Singapore, and Australia. Its next stop is…
London avocado-themed restaurant Avobar has opened its first overseas outpost in Hong Kong, one of a raft of new dining concepts at K11 Musea. Avobar considers itself a “superfood restaurant” offering a range of meals such as avocado salads, burgers and…
Hong Kong officials announced various plans to further promote the city’s status as a global financial center and corridor for Greater Bay Area opportunities. According to Hong Kong’s financial secretary Paul Chan Mo-po, measures would be introduced to…
Hong Kong Customs seized about 12 000 pairs of suspected counterfeit sports shoes on Monday, with an estimated market value of about $1 million. The fake goods were discovered in a shipping container at the Customs Cargo Examination Compound of the River…
Singer Rihanna’s Fenty Beauty brand has launched at Harvey Nichols in Hong Kong as its first department store partner in Asia. Following the success of its exclusive launch at Harvey Nichols in the UK, the brand went on sale at Harvey Nichols locations Hong…
A Mexican who made Hong Kong home has redefined bespoke with a gallery-like retail experience, Black Riot in Hong Kong. Eight years ago, Rene Suarez landed in the territory from Mexico City to take up an office job with a logistics company, the next step in a…
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