Reporting and analysis on retail, e-commerce, and consumer trends in Hong Kong, updated continuously by our newsroom.
Devialet, the French innovator in breakthrough sound technology, launches its new store at the iconic Hong Kong retail destination, Pacific Place. Fully operational during this soft launch period, Devialet Pacific Place will be continuously upgraded over the…
Toys ‘R’ Us Asia may be taken over by to its local partner, the Fung Group. A deal could give Toys ‘R’ Us Asia a valuation of at least US$1 billion. The private holding company of Hong Kong’s billionaire Fung brothers is considering finding partners to join…
After a gripping competition over 1.6m obstacles, on a course etched out by internationally-renowned course designer Louis Konickx, French Patrice Delaveau, astride Aquila HDC, took top honors, ahead of second-placed Max Kühner of Austria on Cielito Lindo 2…
Clothing retailer Moncler international had double-digit growth in all key financial indicators last year, with soaring Asian sales playing their part. Its revenues for the year reached €1.1 billion (US$1.3 billion), an increase of 17 per cent at constant…
The Amsterdam-based watch brand CLUSE, renowned for its timeless sophistication and strong focus on materials, quality, and style, opens its first branded kiosk in Asia Pacific with the leading Asian brand accelerator Bluebell Group. CLUSE, already popular…
McDonald’s Hong Kong has unveiled a major new branding campaign that plays on the emotional connections people feel while eating fast food. Using a cover version of Elton John’s iconic ‘You Song’ as a soundtrack, the one-minute television commercial showcases…
Local brand IRVINS Salted Egg, which is popular with both Singaporeans and Hong Kong tourists, have taken their famous potato chip and fish skin snacks to Hong Kong. The company opened its first pop-up store in Harbour City in Tsim Sha Tsui on Tuesday (Feb…
Hong Kong food company B&S International expects to raise HK$62.8 million (US$8 million) in an IPO from today, the majority of which will be dedicated to retail store network expansion. The company plans to open 16 more licensed TenRen Taiwanese tea stores…
Hong Kong luxury watch imports posted their highest monthly increase for more than five years in January. According to the Federation of the Swiss Watch Industry, exports to Hong Kong rose by 21.3 per cent in January, leading a broader Asian rebound which saw…
A high-end designer dessert brand founded by European investors plans flagship stores in Hong Kong and Shanghai this year. Sweet Fashion House is launching with a confectionery factory in Tuen Mun which will be staffed by chefs brought in from France and…
Of the abundance of Chinese New Year campaigns by brands this year, McDonald’s Hong Kong has released a touching campaign that tugs at the heartstrings with the help of a classic by Sir Elton John. Cantopop star and actor Eason Chan (who once performed, sort…
Award-winning Australian designer Ashley Sutton has launched a restaurant and bar with a floral theme in a glass-walled space on the roof of IFC mall. Dear Lilly is described as a romantic restaurant and bar inspired by the hole-in-the-wall florists found…
Italian lingerie label La Perla is facing eviction and further legal action over unpaid rent on its Asian flagship store in Hong Kong, with its landlord seeking upwards of $5.1 million. The dispute came to light from a writ filed to a Hong Kong court last…
Hong Kong’s largest cosmetics retailer Sa Sa International Holdings said Wednesday it will shut all its shops in Taiwan after losing money for six consecutive years. Sa Sa has 20 stores across the island according to its official website, and employs about…
HSBC Holdings releases its annual results this week and many investment houses seem positive. Goldman Sachs expects the total amount of share buybacks of the banking group to hit US$3 billion (HK$23.4 billion) this year and the dividend payout to be…
Hong Kong’s SmarTone has reported a 17% year-on-year decline in net profit for the last six months of 2017, due largely to intense competition, increased spectrum expenses and lower handset sales. Profit for the six-month period fell to HK$328 million ($41.9…
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