Reporting and analysis on retail, e-commerce, and consumer trends in Hong Kong, updated continuously by our newsroom.
“Wi-Fi is critical to deliver multimedia content to a proliferation of connected devices to enable a connected global economy,” said Linda Hui from Ruckus Networks at an early October press conference in Hong Kong. “If IT departments need to spend…
More than half (53%) of Hong Kong residents polled during a recent survey conducted by the Hong Kong Internet Registration Corporation (HKIRC) said concerns over cybersecurity and privacy risks are major barriers to greater adoption of mobile payments. Other…
Ted Baker Asia sales slipped in the 28 weeks to August as the UK brand trimmed its store network in Hong kong and Mainland China. According to its latest results filing, Ted Baker Asia sales fell 1.8 per cent in real terms, however in constant currency they…
Millennials feel better about their future earnings than older consumers and spend more on luxury goods. That’s according to a survey of more than 3,000 consumers across China, Europe and the US by UBS Group AG. Eighteen to 35 year olds have contributed 85…
Tencent and Hillhouse Capital have invested RMB1 billion (US$146 million) into fast-growing Chinese discount retailer Miniso. Founded just five years ago, Miniso has already grown to more than 3000 stores worldwide using what it describes as a “high quality,…
Monica Vinader is pursuing its expansion into the great city of Hong Kong with the opening of its third store this September. Famous for its versatile styling, and loved for its encouragement of women to self-gift, and to give to each other, the British…
Hong Kong August retail sales surged 9.5 per cent ahead of last year according to figures from the Census and Statistics Department (C&SD). The figure marked an improvement of the revised 7.8 per cent recorded in July and year to date, growth is running at…
Hong Kong coffee shop Elephant Grounds will open in the Philippines. The popular micro-roaster and cafe, which launched in 2013, has five locations in Hong Kong. It is known for its wooden decor, garden-inspired interiors, bakery items and ice-cream…
Multimillion-dollar fashion brands in Hong Kong are transforming themselves to appeal to rich young customers. Christine Chen, 27, was looking for a special wedding gift for her best friend. Loaded with cash, she went into one luxury store after another at a…
The first Jins Hong Kong eyewear store opened last Friday – part of the Japanese retailer’s broadening focus on Asia. The company said it sees Hong Kong’s “sophisticated retail market” as an idea place to start tapping into the growing eyewear market across…
Hennessy has opened its first airport flagship store at Hong Kong International Airport. The new “House of Hennessy” retail concept involves an exclusive selection of products (including a number or rarities) and an “immersive cognac experience” based on a…
Australian activewear retailer Lorna Jane is expanding into greater China as more than 10 potential investors are seeking a majority shareholding. Around 30 per cent of Lorna Jane’s more than $200 million in annual revenues comes from its online platforms in…
Hong Kong-listed Spring REIT has agreed to buy the Huamao Place shopping centre, located in Huizhou, Guangdong Province. Spring will pay RMB1.65 billion (US$241 million) for the mall, a seven-storey property, part of the larger integrated development by…
Ogilvy will be tasked with raising the profile of Pizza Hut among millennials after being appointed creative agency of record for the brand in Hong Kong. The agency was selected following a competitive pitch. Havas was the incumbent. Ogilvy & Mather also won…
Luxury British perfumery brand Penhaligon’s relaunches two of its most prestigious stores in Asia. After extensive renovations, Penhaligon’s at the IFC Mall in Hong Kong, and Penhaligon’s at Marina Bay Sands in Singapore, have once again flung open their…
For the launch of its autumn/winter 2018 campaign, American Vintage has created a vibrant hotspot in Causeway Bay from 15 to 21 October. True to its roots, the French brand is bringing one of its local sport, “La Pétanque”, to introduce it to the world of…
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