Reporting and analysis on retail, e-commerce, and consumer trends in Hong Kong, updated continuously by our newsroom.
HKT has arranged to become a managed security services provider (MSSP) partner of endpoint security company Carbon Black. As an MSSP partner, HKT will offer a suite of managed security services based on Carbon Black’s Cb Defense and Cb Response security…
More operators have joined the joint blockchain trial being conducted by HKT’s PCCW Global and telecoms and data center services company Colt. Members of the ITW Global Leaders’ Forum (GLF), including Australia’s Telstra, Hong Kong based HGC Global…
Chinese smartphone giant Xiaomi has filed documents for an IPO on the Hong Kong stock exchange that could see the company raise at least $10 billion in the biggest public offer since 2014. The IPO is expected to value the company at between $80 billion and…
Italian fashion label Ermanno Scervino has opened its first boutique in Hong Kong, in Ocean Center Harbour City. With four large windows and an external light box, it covers more than 130sqm and houses ready-to-wear collections and accessories for women and…
Hong Kong and China were the fastest-growing markets globally for edgy Italian outdoor-wear brand Moncler in the first quarter of this year. In every market in which the company operates, it achieved double-digit growth, even when unfavourable currency…
HSBC’s adjusted pre-tax profit of $6,033m for the first quarter is in many senses disappointing. It was down 3% from a year earlier and fell short of analysts’ estimates. From an Asian perspective, however, HSBC’s Q1 financial results highlight the scope of…
Airport Authority Hong Kong has awarded Roxy Limited the right to design, develop and manage the SkyCity project at Hong Kong International Airport (HKIA). It will be the largest integrated retail, dining and entertainment development in the colony. Roxy is a…
Hong Kong retail rents will recover more quickly in Kowloon than on Hong Kong Island according to projections by Colliers analyst Melanie Kotschenreuther. Kotschenreuther predicts high-street Kowloon retail rents will rise 5 per cent in Mong Kok this year and…
Room rates in hotels and guest houses during the Labour Day “mini Golden Week” are not as expensive in comparison to past figures due to competition from Airbnb listings. Hong Kong had a busy weekend ahead of tomorrow’s Labour Day and saw a 9 percent rise in…
Japan’s Kanebo Cosmetics has partnered with The Shilla Duty Free to open a Kate Tokyo counter in arrivals at Hong Kong International Airport. Kanebo says Kate Tokyo aims to establish itself in the global travel retail arena through increased exposure in Asia.…
Hong Kong conglomerate CK Hutchison Group has announced plans to merge its Sri Lankan mobile unit Hutch Lanka with UAE-based Etisalat’s mobile business in the nation Etisalat Lanka. The combined company will be majority owned and controlled by CK Hutchison,…
Shake Shack Hong Kong makes its debut on Tuesday at IFC mall in Central. With panoramic views of Victoria Harbour, the eatery will be able to seat more than 46 guests. As a modern “roadside” burger stand that began as a hot-dog cart in New York’s Madison…
The ubiquitous Octopus Card has been digitally integrated into the Samsung Pay network, allowing consumers to securely pay and travel by simply tapping their smartphones against an Octopus acceptance reader for payment or even door access. Consumers will be…
Profit attributable to the owners of Tse Sui Luen Jewellery International (TSL Hong Kong) doubled for the 12 months to the end of February. Favourable business conditions plus cost-saving measures were cited as the reason when the company announced its second…
Hong Kong-listed fashion brand Esprit Holdings will not renew the lease for its flagship store in Causeway Bay, local media reports. Expiring in June, the lease for the 7000sqft (650sqm) store in Leighton Centre has cost Esprit about HK$2 million (US$254,862)…
Hong Kong Broadband Network (HKBN) has promised to implement new data protection measures for its customer data in the next three months in response to a targeted cyberattack discovered last week. Under the new measures, all personal information of customers…
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