Reporting and analysis on retail, e-commerce, and consumer trends in Hong Kong, updated continuously by our newsroom.
Brash English chef Gordon Ramsay is to open a chain of airport restaurants around the world in partnership with SSP, a specialist in food and beverage brands in travel locations. The company describes the planned Gordon Ramsay airport network – called Plane…
Hong Kong-based real estate private equity firm Gaw Capital Partners and a consortium of partners including Goldman Sachs have won a bid to acquire a retail portfolio comprising 17 shopping centers in Hong Kong from Link Asset Management Ltd for HK$23 billion…
With expansion in Hong Kong and “outstanding” growth in China, restaurant/catering group Cafe de Coral Holdings says it has had six months of key achievements. Its first-half revenue grew by 6.2 per cent to HK$4.1 billion (US$525 million), but profits were…
A whimsical ideal world of the imagination begins at LANDMARK with the return of ‘Santa Paws’ and a cast of creative children and their inspired ideas to make our planet a better place this Christmas. In ‘Dream Square’ kids gather to share their Christmas…
Pacific Place has just put on an enchanting experience for the whole family. From 23 November 2017 until 1 January 2018, Pacific Place exhibits the spirit of “Christmas Spectacular” with festive surprises around every corner. Pacific Place becomes the…
Easing rents, the closure of unprofitable stores and a trimmed-down inventory all helped Oriental Watch Holdings record a 10-fold increase in profit in its latest quarter. In the six months to September 30, Oriental Watch increased its post-tax profit from…
In the middle of London’s Camden Market, a trader from China hands red-bean cakes to a group of tourists from Sweden, as tattooed locals dressed in black leather weave their way between food stalls cooking up dishes including barbecued meat and fish and…
Skincare and cosmetics retailer Sa Sa International Holdings Ltd on Thursday posted a 14.5 percent rise in first-half net profit as consumer sentiment and mainland tourist arrivals improved. The Hong Kong-based retail chain operator’s net profit rose to…
Asia has been the best performing region globally this year as China 2.0 kicked in as a theme with China (at the MSCI level) being the best performing market and tech being the best performing sector. As Mark Tinker, responsable de AXA IM Framlington Equities…
A stagnant luxury market has made it a tough half-year for fashion retailer Joyce Boutique Holdings, its interim results showing an HK$28.1 million (US$3.5 million) net loss. This follows a HK$16.6 loss for the same period last year. The group says its…
Italian luxury brand Moncler has readied a special Hong Kong-based art-performance piece, entitled ‘Moncler | Destination Hong Kong.’ The event is to celebrate the relocation of its local flagship store, the label is debuting a city activation centered around…
DHL Express has announced that it will launch an approximate HK$2.9 billion expansion plan for its Central Asia Hub (CAH), in partnership with Airport Authority Hong Kong. This multi-year expansion brings DHL’s commitment for this strategic hub to…
Supermodel Gigi Hadid has partnered with Stuart Weitzman on two exclusive footwear styles for launch this fall. Hadid, face of the F/17 ad campaign has created the Eyelove and Eyelovemore ranges, pointed-toe mules which represent the first project for Stuart…
Despite plummeting retail rents in Hong Kong, Causeway Bay has retained its ranking as Asia’s most expensive retail strip – and the world’s second, behind Upper 5th Avenue in Manhattan, New York. Soaring London rents have seen New Bond Street rise to become…
A Baby Milo popup store has opened in Gala Place, Mongkok. The short-term store will trade through until January 1, according to our friends at Hypebae. “Streetwear lovers will be able to shop themed accessories and apparel, ranging from fluffy pillows to…
As e-commerce continues to grow, it is fundamentally changing the face of retail. It has already influenced how many products and services are being sold, from clothes, packaged goods and seafood to hotel bookings, music files and taxi services. Because of…
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