Reporting and analysis on retail, e-commerce, and consumer trends in Hong Kong, updated continuously by our newsroom.
Sa Sa International Holdings Limited announced its collaboration with Taobao Global to develop a complete loop retail ecosystem with the integration of online and offline platform with the goal to encourage local buyers to start selling as an important role…
Mastermind and A Bathing Ape have collaborated to open their first crossover concept store in Hong Kong. The store, which opened on Saturday in Causeway Bay, features a streetwear collection from the two Japanese brands. Decked out in black and white with…
Aeon Stores Hong Kong has recorded record half-year revenue of HK$4.93 billion ($US628 million) in sales. The figure represents a year-on-year increase of 6.7 per cent. The group’s gross profit margin rose by 0.2 percentage points to 30.7 per cent during the…
Cosmetics giant Estee Lauder says it achieved sales growth in every global market last financial year, led by strong double-digit increases in China and Hong Kong. Every single category posted growth as well. Globally, Estee Lauder sales reached $13.68…
DFS stores in 16 international cities – including Hong Kong and Macau – will be featuring Meitu Magic Mirrors for the next year. The connected device allows customers to see their desired makeup style applied directly to their face, just as if they were…
Digital and creative marketing strategies have been credited for rising sales at Hong Kong Circle K and Saint Honore stores in the first half of this year. Parent Convenience Retail Asia says the combined operations achieved sales of HK$2.574 billion and…
The Australian government expects to seal free-trade agreements with Indonesia and Hong Kong by the end of this year, its trade minister said on Friday. Concluding the two agreements would wrap years of talks, which in the case of Indonesia have dragged on…
Sogo store sales on both sides of the harbour surged ahead in the first half of this year. Causeway Bay recorded a 20 per cent upturn in sales during the six months to June 30, as inbound tourist numbers rebounded and consumer spending improved. The…
Apparel retailer Giordano says sales growth in its key Hong Kong and Macau market has become “increasingly sluggish”. While the year started well, “inclement weather and fierce competition have hindered performance so far,” chairman and CEO Peter Lau said in…
Lenders owed funds from the collapsed Toys R Us North American business are trying to have a US court force Hong Kong’s Fung Group to sell its stake in the profitable Asian subsidiary. According to a report by Bloomberg, for which Fung Retailing did not…
The Fung family has invested US$35 million in Indian technology platform ShopX. The funds came from Fung Strategic Holdings a member of Fung Investments, the private investment vehicle of the families of Dr Victor Fung and Dr William Fung. ShopX is described…
Shenzhen-headquartered tech firm DJI has released of a Line Friends drone, its first character-branded device. The move is expected to be a step towards making the technology more accessible to a wider audience. The miniature camera drone depicts the popular…
Hong Kong Jeweller Tse Sui Luen (TSL) has moved to target the Chinese middle class, according to a report. TSL has announced plans to open 100 outlets in the Chinese mainland within two years, taking its total number of stores to 487. The firm’s deputy…
Hong Kong provided German fashion group Hugo Boss with its strongest market growth terms in the second quarter Sales in Hong Kong and Macau were not disclosed, but the company described growth as being in the double-digits. Sales in Mainland China rose 8 per…
Hong Kong’s retail sales renaissance continued in June, with a 12 per cent rise for the month. That is marginally less than the 12.9 per cent increase in May, and below the 13.4 per cent increase for the first half year, but the rate shows signs the growth is…
C.banner International has dropped its House of Fraser rescue plan, dealing what some observers in the UK are describing as a potentially fatal blow. Hong Kong-listed C.banner, which is the parent of toy retailer Hamleys, had undertaken to invest £150 million…
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