Reporting and analysis on retail, e-commerce, and consumer trends in Hong Kong, updated continuously by our newsroom.
The largest e-commerce players in China have rapidly expanded their scope and reach in recent years through a wave of investments and acquisitions. Alibaba owns two of China’s largest e-commerce platforms, Taobao and TMall, as well as an electronic payments…
A territory-wide Hong Kong Customs raid has resulted in arrests and netted 100 smartphones suspected of being counterfeits. During the one-day Operation Snow Leopard, officers raided 12 shops and two storage places, seizing smartphones with suspected false…
Impossible Foods launches its plant-based meat at three Hong Kong restaurants today: Beef & Liberty, Happy Paradise and Little Bao. They’re the first eateries outside the US to feature the artificial meet on their menus. Introduced in 2011 by Stanford…
Hong Kong’s HKBN has reported a strong 423.4% increase in net profit for the six months ending in February to HK$241 million ($30.7 million), partly as a result of strong residential and enterprise growth. Adjusted for amortisation and non-recurring finance…
Chinese smartphone maker Huawei Technologies will open its first retail store in Hong Kong by the end of July. Just a week after unveiling its flagship P20 Series smartphones in Hong Kong, the Shenzhen-based company has revealed its plans for a 2000sqft store…
Alibaba and JD.com may be embracing brick-and-mortar retailing in a move offline, but Southeast Asia’s fashion-focused Zalora still considers itself a pure-play online retailer and has no plan to change. In an interview, Zalora Group CEO Parker Gundersen, who…
F&B companies have been invited to offer tenders for a lifestyle cafe concession in a restricted area at Hong Kong International Airport (HKIA). It covers 100sqm on level six of the Northwest Concourse of Terminal 1. HKIA has air, sea and land links and works…
Retail sales in Hong Kong and Macau had continuous positive growth for cosmetics retailer Sa Sa International Holdings throughout its latest fiscal year. Releasing its unaudited sales updates for the fourth quarter to the end of March, the group says the…
Hong Kong Broadband Network (HKBN) and free to air TV broadcaster Television Broadcasts Limited (TVB) have launched a new joint mobile service plan offering a shared data allocation for customers roaming internationally. The new plan includes a free Global…
After opening its Tsukada Nojo restaurant in Hong Kong, Japanese restaurant group AP Company plans to open a second eatery this year, and use the territory as a springboard into Asia. It had eyed the Hong Kong market for years before introducing its leading…
Swedish watch brand Triwa Hong Kong has opened a flagship store at Plaza Hollywood, Diamond Hill. Its third international flagship after Stockholm, where it is based, and Tokyo, the store showcases the new SS18 collection. Founded in 2007 by four friends,…
Jewellery retailer Hong Kong Fook Tai Holdings is seeking an IPO on the growth enterprises market board with the aim of opening more retail stores and improving brand recognition. Fook Tai runs seven retail shops under the Fook Tai Jewellery brand in Hong…
Hong Kong retail sales for the first two months of this year soared 15.7 per cent against the same period of last year, the first double-digit increase in years. Census and Statistics Department figures just released showed a 29.8 per cent increase in…
Citibank has launched Citi Pay with Points on HKTV Mall, the online shopping portal of Hong Kong Television Network. Holders of Citi points-bearing credit cards shopping on the mall or using its mobile app can now seamlessly use their reward points for…
Hong Kong retail rents are expected to move into an “early upswing cycle” this year according to a regional real estate market briefing prepared by Savills. The report details commercial and residential property leasing trends across major Asian markets and…
Starbucks Hong Kong has opened its first cafe serving alcohol – including coffee-infused craft beers, exclusive to the city. Starbucks’ local licensee, the Dairy Farm International subsidiary Coffee Concepts, says the move is part of its strategy of elevating…
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