Sa Sa sales in Hong Kong and Macau grew by 2.4 per cent for the first quarter, but same-store sales dropped by 2.5 per cent. Sa Sa says the unaudited figures were weaker than the previous quarter, affected by a particularly quiet June which was marked by…
German headphone brand Sennheiser has opened its first standalone Hong Kong store at The Peninsula Arcade. “We hope to build a close relationship with Hong Kong’s customers by knowing their demand and providing a place where they can experience the perfect…
DHL Supply Chain has commenced management of all aircraft maintenance, repair and overhaul logistics activities for Cathay Pacific and Cathay Dragon in the airlines’ home base at Hong Kong International Airport (HKIA), part of a 10-year contract signed…
Harbour City, Hong Kong’s biggest shopping mall, is expanding to provide dining options, decks for viewing the harbour and a permanent home for customs and immigration services for cruise passengers. Work on the five-storey extension to the western end of…
Homebrew store HK Brewcraft has opened a branch in Tsim Sha Tsui showcasing 200 international beers. It is the company’s second outlet. Its original store in Central houses 300 different craft beers. However, says the company, the new shop is the first in…
Shake Shack, the burger-and-fries chain founded in New York, will open its first location in Hong Kong next year, setting the stage for a push into the fast-food hotbed of mainland China. The restaurant will be opened with licensee Maxim’s Caterers Ltd. and a…
Lip service means the full treatment with drinks and nibbles as well as lipsticks at the pop-up Lips Cafe in Causeway Bay all next month. At T Galleria Beauty by DFS, the pop-up is being created in collaboration with artisanal cafe Habitu to mark the annual…
Many Hong Kong retailers plan to open more stores next year, a new JLL survey shows. The realty consultancy firm found that 62 per cent of overseas and local retailers in its survey plan new stores despite predicting a recovery in retail rents in core…
I overheard a young Hongkonger say recently, “I rarely buy anything at shops anymore. I only shop online.” It is not hard to notice the profound effect that e-commerce has had around the world and especially in an emerging and fast-growing market like China.…
Brands are caught in a vicious cycle when it comes to building a relationship with their customers. According to a recent study conducted by global loyalty marketing agency ICLP, a majority of Hong Kong consumers do not expect to get anything in return for…
Online payment solution provider Stripe has launched services in Hong Kong, and announced the formation of new global partnerships with Alipay and WeChat Pay. The launch will provide Hong Kong online businesses with access to Stripe’s entire portfolio,…
Hong Kong digital wallet provider TNG Wallet has launched Merchant Dollar, a new service allowing merchants to issue designated dollars under their own brands. Merchant Dollar will allow TNG Wallet users to purchase multiple types of branded Merchant Dollars…
Airport Authority Hong Kong (AAHK) has reported ‘a solid financial performance’ in its fiscal year ending 31 March 2017, with a marginal 1.1% increase in passengers to 70.5m, plus ‘higher revenues from airport charges, airside support services franchises and…
Cathay Pacific (CX, Hong Kong Chek Lap Kok) has announced plans to buy out DHL Group of its 40% stake in Air Hong Kong (LD, Hong Kong Chek Lap Kok). Cathay Pacific, which owns the majority 60% stake, said in a Hong Kong Stock Exchange disclosure on Friday,…
Chinese smartphone and electronics products maker Xiaomi opened its second Hong Kong flagship store in the Hang Lung Centre, Causeway Bay. With an area of over 3,000 square feet, Xiaomi’s new Hong Kong flagship store has eight floors. The store provides…
The company claims the track could earn $2.2 billion a year now that betting has been legalized in Vietnam. A Hong Kong-based company has been given the all clear to conduct a feasibility study for a racecourse in Vietnam’s southern city of Can Tho. SIBC…
Weekly Briefing
Asia's retail intelligence, in your inbox
Tuesday, Thursday and a Saturday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.
Top industry moves and market shifts
Weekly data-driven analysis from across Asia
Tuesday, Thursday and the Saturday Weekly Wrap
Read by retail operators, investors and brand teams across Asia.