Reporting and analysis on retail, e-commerce, and consumer trends in Hong Kong, updated continuously by our newsroom.
Tiffany holiday season sales surged 16 per cent in Asia-Pacific, driven by strong performances in Hong Kong, Mainland China and Korea. The region accounted for US$232 million of Tiffany’s $1.05 billion global sales in the two months to December 31. The…
On 11 January 2018, Hermès opened the door of its new store in Hong Kong, the original and first home in Greater China. Located in Landmark Prince’s, within the dynamic Central district on the corner of Ice House Street and Des Voeux Road, this new…
“The most beautiful shop in the world . . .” – that is how Esquire magazine described the wood-paneled splendour of the London premises of John Lobb’s store in St. James’s Street, which has been traditionally the home of coffee houses, gentlemen’s clubs and…
ObEN Inc., an artificial intelligence (AI) company that is building a decentralized AI platform for intelligent avatars, and announced that it has raised $10 million from K11, founded by entrepreneur Adrian Cheng. This strategic funding continues the growth…
Last week, Loro Piana previewed 2018 Spring/Summer collection in the Entertainment Suite of The Mandarin Oriental in Hong Kong. The new collection features unique, sophisticated articles that combine a contemporary look with refined elegance. The collection…
Natuzzi has signed a preliminary agreement to form a JV with China’s Kuka furniture company with the aim of expanding the Italian brand’s retail network in Greater China. “We have known Kuka for many years and have always admired its growth-oriented…
Planning to go public late this year, Chinese smartphone maker Xiaomi Corp is said to be seeking a valuation of up to US$200 billion. Based in Beijing, the electronics and software company prefers Hong Kong over New York for its listing mainly because Hong…
Chow Tai Fook Jewellery Group (1929) said retail sales in Hong Kong and Macau in the third quarter ended December 31, remained unchanged from the same period the year before. Same store sales grew by 5 percent. Gem-set jewelry sales were up by 22 percent,…
Replace complexity with simplicity. Prioritize quality over quantity. As the cosmopolitan life continues at an ever-increasing pace, the pursuit of an exquisite, simple, yet practical lifestyle has gradually been on the rise. And unsurprisingly, the Nordic…
Sales of jewelry, watches and other luxury items in Hong Kong rose in the first 11 months of 2017 as tourists returned and local consumer sentiment recovered, the city’s official data authority said. Retail sales for the category grew 5% year on year to $8.49…
Hong Kong retail sales in November lept 7.5 per cent, the biggest monthly rise in at least three years. Census and Statistics Department (C&SD) data also showed a revised estimate of 3.9 per cent growth in October, fuelling a year-to-date increase of 1.8 per…
LANCÔME Travel Retail Asia Pacific, leading French luxury beauty brand, held a monumental finale celebration of its ‘Declaring Happiness’ campaign with the launch of an unforgettable Holiday Wonders pop-up concept at Hong Kong International Airport (HKIA) on…
People from other places may find it hard to imagine, but Hong Kong, although such a small city, can accommodate more than 50 million tourists each year. Of course, most of them are from the mainland. But the government should think of how to overhaul our…
CDF-Lagardère (CDFL), the joint-venture from China Duty Free Group (CDFG) and Lagardère Travel Retail, which won the contract to operate the duty-free liquor and tobacco stores at Hong Kong International airport (HKIA) has revealed initial performance of its…
The Hong Kong government will step up efforts to promote innovation and technology. This was the message from Chief Executive Carrie Lam Yuet-ngor at the grand final of Alibaba’s startup competition Jumpstarter 2017 held in Hong Kong last week. Lam promised…
Italian leather goods label Il Bisonte, owned by UK investment fund Palamon since 2015, plans to open a directly owned shop in Hong Kong as a way into China. Founded by Wanny Di Filippo in 1970, the company expects to close this year with revenue exceeding…
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