Reporting and analysis on retail, e-commerce, and consumer trends in Hong Kong, updated continuously by our newsroom.
In celebration of its 10th anniversary this year, K11 announced a HK$200 million major renovation project for Hong Kong K11 Art Mall, targeting 2019 year-end for completion in phases. The 340,000 square foot mall will redesign its interior zoning, using wood,…
Hong Kong fashion brand Giordano is scrambling to remove an advertising campaign slammed as “sexist” on social media. Promoting the “Team Family Series”, the advert shows a family posing together with the man wearing a t-shirt emblazoned “Work” while the…
For the first time in five years, the demand for retail space in Hong Kong has not declined. Results from the RICS (Royal Institution of Chartered Surveyors) Hong Kong Commercial Property Monitor for this year’s first quarter indicate that the demand for…
Double-digit growth in Mainland China, Hong Kong, Korea and Macau have helped boost sales for Swiss luxury goods group Richemont. Results for the year to the end of March show Richmont sales grew by 3 per cent at actual rates and by 8 per cent at constant…
More than 200 of Hong Kong’s most fashion forward women (and their supporting men) crowded into CÉ LA VI, in the heart of Hong Kong, to celebrate the launch of Isabella Wren’s first capsule collection ever. Collaborating with Angie Lau, former TV anchor and…
The majority of the crippled Etam China retail business has been transferred to a Hong Kong investor. While the terms of the sale agreement have not been disclosed, French media refer to the Chinese business as being “ceded” and financial incentives may have…
Two bottles of rare 60-year-old Macallan whisky fetched a total of more than US$2 million under the hammer on Friday in Hong Kong, Bonhams said, with both sales shattering the previous world auction record for the spirit. One bottle, bearing a label designed…
Ermanno Scervino has opened its debut store in Hong Kong, with inauguration of an Ocean Centre Harbour City store last Saturday. Partnering with retail distributor Requing for the launch, the store is located inside the luxury mall and carries the Italian…
Overseas in-store transactions over Alipay grew fivefold during the Labor Day holiday compared to the previous year, with Hong Kong topping the list of destinations in terms of transaction volumes. Transaction volumes in Hong Kong grew sevenfold over the…
Simon Kwok Siu-ming, chairman and CEO of Hong Kong’s biggest retailer of cosmetics and skincare products, does not hide his tricks to look younger than his 64 years. He said: “I use masks [on my face] when I’m watching football. I care about my hair, as hair…
Stelux Holdings International has warned shareholders of an impending loss due to slow sales through its store network and narrower margins. The Hong Kong-listed retail company, which operates the Optical 88 and Egg eyewear chains and City Chain jewellers,…
While Hong Kong’s e-commerce market accounts for less than 5 per cent of total retail sales, the behaviour of those shopping online is changing. According to data presented by Nielsen at yesterday’s 2018 Hong Kong Retail Summit, organised by the HKRMA, home…
Mindset and talent are the two factors holding back the Hong Kong e-commerce sector, according to a senior Google executive. Speaking at the sell-out HKRMA 2018 Hong Kong Retail Summit this morning, Leonie Valentine, MD sales and operations at Google Hong…
The future of retail is about to be delivered to Hong Kong’s commercial developers, and it’s coming via the Internet, according to a report released today by property consultancy JLL. The company’s report on the city’s shopping scene, “Reimagining Retail –…
As the retail sector finally rebounds, the CEO of Circle K Hong Kong owner Convenience Retail Asia (CRA), Richard Yeung, says the company has reinvented itself. He says profits have grown over the past year, while strong customer loyalty and marketing…
The DHL Hong Kong Air Trade Leading Index has published its results for Q2 2018. Highlights of the DTI Q2 2018 include: The overall trade outlook for Q2 2018 had a slight downward adjustment amid concerns over escalating trade conflict between the United…
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