Reporting and analysis on retail, e-commerce, and consumer trends in Hong Kong, updated continuously by our newsroom.
New York’s Museum of Modern Art will open a Design Store in Hong Kong. The Museum of Modern Art Hong Kong store will open in the new K11 Musea art mall. It will be the largest in Asia following two locations in Japan. The 6000sqft retail store, which…
Hong Kong retail sales fell by 4.5 per cent in April, contributing to a 2 per cent decrease in year to date. Worse, the Census and Statistics Department said that after netting out the effect of price changes year on year, Hong Kong retail sales fell 5 per…
Michelin-starred Hong Kong seafood restaurant Xin Dau Ji has opened in Ekovest’s mixed development project, EkoCheras Mall in Malaysia. The opening in the integrated development, which features 1 million sqft of retail space, is a significant step forward for…
There is growing expectation of an Alibaba IPO in Hong Kong which could raise as much as US$20 billion. The plan, if it proceeds, would be the sixth-biggest follow-on share sale in history and succeed the firm’s $25 billion New York float of 2014. It is…
Foodpanda Hong Kong is adding grocery deliveries to its services from late next month. The food-delivery service, pitched in a head-to-head battle with Deliveroo in Hong Kong, is finalising a collaboration with about 100 stores across Hong Kong to source…
Two prospective saviors of the HMV Hong Kong business have walked away after it became clear they would be unlikely to be allowed to use the historic brand name. A liquidation sale may now be held for stock stored since the retailer entered provisional…
Indonesian e-commerce platform BukaGlobal has launched in Singapore, Malaysia, Brunei, Hong Kong and Taiwan. Developed by Bukalapak, the platform will connect 4 million Indonesian sellers to the global market. At the moment, products sold on the site include…
Verizon Media has announced an aggressive expansion program for Hong Kong for the next 180 days and the year ahead, including the expansion of its Yahoo Studio in the market. The studio will be equipped with audio-visual production equipment for creating HD…
Parkson Retail Group is preparing to occupy a complex above Nanjing Railway Station in Chinese Jiangxi. The group, a Hong Kong-listed firm controlled by Malaysian Parkson Holdings Bhd, won its US$6.1 million bid for the tenancy of buildings above the Bayi…
Thailand’s National Broadcasting and Telecommunications Commission has finalized the proposed terms of next month’s 700-MHz auction, and has briefed the prime minister on the progress with the sale. The regulator plans to commence the sale of three slots of…
Gucci’s Harbour City store has been closed for disinfecting after three staff members fell ill with measles within the last week. A Harbour City spokeswoman told that store staff advised mall management about the infections last evening and the Canton Road…
Hong Kong online retailers are ignoring Gen Z consumers, according to a new report on the local payments market by unified commerce platform Tofugear and financial technology firm Wirecard. The research found that the territory’s e-commerce sites are not…
HKBN has launched a new range of bundled broadband and pay TV offers for both enterprise and consumer customers, in collaboration with TVB. Subscribers to HKBN Enterprise Solutions will be able to sign up for a 100Mbps business broadband service for prices…
Hong Kong Customs has seized 55,000 items of fake goods destined for the US during a three-month campaign to combat cross-border counterfeiting. The haul, some of which is shown in the accompanying photograph, included trainer, apparel, mobile phones and…
Florentine high-end luxury watchmaker Panerai has opened a boutique in Kowloon. The 60sqm Panerai Tsim Sha Tsui Centre store is the fifth opened in Hong Kong, after the Landmark Prince, Canton Road, IFC and Times Square boutiques. The concept of the design…
The first standalone Rituals Hong Kong store is slated for opening in July as the Dutch cosmetics retailer ramps up its presence in Asia. The company has promoted business development manager of travel retail, Marjet de Vlieger, as head of travel retail Apac.…
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