Reporting and analysis on retail, e-commerce, and consumer trends in Hong Kong, updated continuously by our newsroom.
China’s Meituan Dianping, an online food delivery-to-ticketing services platform, has set an indicative price range of HK$60 to HK$72 ($7.64-$9.17) per share for its initial public offering (IPO) in Hong Kong, valuing itself at up to $55 billion, four people…
Consumers in Hong Kong are accustomed to online shopping, with two thirds of shoppers completing purchases within the day if they were to complete the shopping journey, demonstrating decisiveness compared to shoppers in other markets. SAP Consumer Propensity…
Hong Kong-based scooter maker Globber has partnered with retail technology specialist Red Ant Asia to develop a visual-led interactive website for 16 markets across Asia-Pacific, North America, and Europe. Built using the PrestaShop e-commerce platform, the…
CHARLES & KEITH is the go-to label for accessible designs that are always on the cutting edge of fashion. This October, CHARLES & KEITH is expanding its retail reach by opening two new stores in Hong Kong, an iconic shoppers’ paradise. These stores would be…
The pace of Hong Kong retail sales growth is tapering off. The Census and Statistics Department (C&SD) estimates total sales at HK$38.9 billion in July, 7.8 per cent higher than the same month last year. That follows a revised estimate of 11.9 per cent in…
TUMI unveils the ‘TUMI Scandinavian Lodge’ in the Garden Court of Pacific Place, Hong Kong. The pop-up celebrates the brand’s Fall 2018 collection inspired by the Scandinavian landscapes. The Scandinavian Lodge welcomed celebrities and fashionistas including…
Strong performances throughout Asia helped Samsonite International lift sales by 12.9 per cent in the first half of this year, to US$1.849 billion. Samsonite Asia sales across the group’s entire brand portfolio grew 14.4 per cent year on year, behind Latin…
Japanese snack store Okashi Land is planning to open a self-service outlet in Mong Kok. The unmanned store, which opens on September 5 in Gala Place, has been undertaken in partnership with Guangzhou unmanned convenience-store startup EasyGo. It will stock…
First launched as a merchandise project by London based designer in 2016, Geo Owen is very well known for his album art, tour merchandising, and prints for Kanye’s coveted YEEZY Season One. After years of experience, Geo Owen has now created GEO, a…
Indian e-commerce aggregator BuyMore has partnered with retail consulting firm Hong Kong Circle Tech to assist Chinese retailers seeking to sell their products in India. The deal will see Circle Tech’s Chinese retail clients listed on BuyMore’s 10 e-commerce…
Emperor Watch & Jewellery cites “strong momentum in luxury consumption” as the reason for a massive profit boost in the first half of this year. Total sales surged 34.3 per cent to HK$2.454 billion (US$312.6 million), as inbound tourism arrivals from the…
Lego Hong Kong operations continue to expand as the iconic toy brand marks its 60th anniversary. In an interview, the brand’s regional GM Troy Taylor explained how in such a well-established market as Hong Kong (as opposed to neighbouring regions where the…
Corporate restaurateur Tao Heung is reporting improved sales in both its core Hong Kong market and on the mainland as people dine out more often and the average tab increases. Tao Heung operates 60 restaurants under its own brand, two RingerHut eateries…
L Brands, parent of Victoria’s Secret, Pink, La Senza and Bath & Body Works, has reported a drop in sales and earnings for the second quarter. Teen-focused diffusion-brand Pink, now a US$3 billion business which achieved $12 billion in sales last year, is…
Three of the world’s largest bitcoin mining equipment makers plan to raise billions of dollars with initial public offerings in Hong Kong, even as other companies report plunging demand for the chips needed to make bitcoin and a halving in the price of the…
House 99 by David Beckham, the global men’s grooming and skincare brand, has launched its first-ever pop-up store in Asia, in collaboration with Beauty&You – the new experiential retail concept by The Shilla Duty Free in the Hong Kong International Airport…
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