Reporting and analysis on retail, e-commerce, and consumer trends in Hong Kong, updated continuously by our newsroom.
One in three Hong Kong CIOs believe that a lack of employee knowledge and skills around data security is the most significant security risk their organization will face in the next five years, according to Robert Half Hong Kong. A survey commissioned by the…
Hong Kong’s retail rut is no more. For the month of March, Hong Kong retail sales lifted 3.1%, the first gain in two years, as visitors from mainland China returned to the city’s shopping regions. The 3.1% uptick in Hong Kong was a measure of total revenues,…
Travel fare aggregator website Skyscanner has completed the world’s first in-flight hackathon on an 80-hour trip between Hong Kong and London. A total of 32 entrepreneurs, engineers and designers took place in the hackathon, which commenced on May 5 and…
Dairy Farm International, parent company of Ikea’s business in Hong Kong, recently revealed that Ikea plans to open its fourth outlet in Hong Kong during the second half of 2017. This new Ikea store will be reportedly located in the Tsuen Wan area of northern…
With Hong Kong-listed jeweler Chow Tai Fook recently laying claim to the world’s most expensive cut diamond ever—sold at a Sotheby’s auction on April 4—the increasingly iconic Jewellery Group this week announced the further expansion of its global footprint,…
During a meeting with President Joko Widodo or Jokowi at Conrad Hotel in Hong Kong, CK Hutchison Holdings Limited owner Li Ka-Shing expressed investment commitment in Indonesia. “CK Hutchison Holdings Limited is one of the largest companies listed in the Hong…
Retail banking in Hong Kong seems resilient if you look at the number of outlets. Elsewhere in the world, bank branches have been closing; in Hong Kong, by and large, they have stayed open. HSBC will have halved its UK presence compared to 2011 by the end of…
Shares of Sa Sa International Holdings, Hong Kong’s largest cosmetics chain, declined almost 1% here on Wednesday morning after the company warned of a profit decline for the financial year ended in March. Although Sa Sa’s turnover during the three months…
Samsung has launched an early access program for Samsung Pay in Hong Kong, in collaboration with local banks. Customers with American Express, Citibank, Dah Sing Bank and Standard Chartered Bank cards are able to register to participate in the early access…
Mobile shopping in Hong Kong and has now become a vital part of local consumers’ online purchasing habits, with more than two in every five of them having made purchases via their mobile device in the last three months, according to the latest Mastercard…
President Joko Widodo, also known as Jokowi, has planned to strengthen bilateral cooperation between Indonesia and Hong Kong during a working visit to Hong Kong scheduled on April 30, 2017, after attending the ASEAN Summit in the Philippines on April 28 and…
After 12 consecutive quarters of decline, jeweller Luk Fook has recorded a 2 per cent turnaround for its fourth quarter, ended March 31. The retailer says that with a relatively low base and encouraging improvement in the Hong Kong/Macau market, same-store…
Same store Chow Tai Fook sales in Hong Kong and Macau “continued to show a sequential improvement” during the first quarter of the year. The trend reverses 12 consecutive quarters of decline by the Hong Kong-listed jeweller, the first increase since last last…
The Thai government is eager to build a new subsea cable linking China, Bangkok and Hong Kong, as part of the efforts to transform Thailand into Southeast Asia’s digital hub. The Digital Economy and Society ministry is drawing up a master plan for the cable…
Chicken rules the roost when it comes to Cantonese cuisine, and the fresher the better. But past government efforts to discourage retail sales of live chickens had almost put the once ubiquitous chicken shop on the endangered list. In the not so distant past,…
Hong Kong’s csl, Macau’s CTM and PCCW Global have jointly launched the first service offering end to end VoLTE and video over LTE calling services between Hong Kong and Macau. The new service will be available to mobile customers of the csl, 1O1O and CTM…
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