Reporting and analysis on retail, e-commerce, and consumer trends in Hong Kong, updated continuously by our newsroom.
Popular Taiwanese tea shop Don’t Yell At Me has launched in Hong Kong. The Lyndhurst Terrace shop in Central is the brand’s first location outside its home territory since opening last year under Taiwanese celebrity Yako Chan. The brand is known for its…
Asia-focused British lender HSBC beat analyst forecast, more than doubling profits in the first half after a significant reduction in credit loss provisions. HSBC posted $8.4 billion of profit after tax, according to its first-half interim report, a 170%…
Luk Fook sales in the third quarter fell 10 per cent on a same-store basis. “Recent market sentiment has been adversely impacted by the US-China trade war, the depreciation of Renminbi, and downward pressure in the stock and property markets,” said chairman…
Korean fashion retailer F&F has revealed plans to open in Hong Kong. Details are sketchy, but the company has signed an affiliate and will open its first standalone store in January, according to Korean analysts. The expansion follows a stunning 28.6 per cent…
Hong Kong tops the table of the world’s most expensive cities in terms of everyday cost of living. That’s according to a newly-published global survey by Mercer, a company specialising in sharing of ideas and information. Claiming six out of the top 10 spots,…
agnès b. Galerie Boutique has always brought beautiful and artistic works to Hong Kong. In January, agnès b. Galerie Boutique was pleased to welcome renowned, published Belgian cartoonist turned artist, François Olislaeger, who has participated in exhibitions…
Sa Sa International Holdings (0178), the cosmetics and skincare retailer, said yesterday retail and wholesale turnover for the first quarter ended June 30 increased by 24.8 percent over the same period the year to HK$2.11 billion. The retail and wholesale…
“We have tried to adapt but our ability and resources are limited,” the owners shared in a heartfelt Instagram post that captures both their frustration and resilience. After dedicating 11 years to cultivating their space, they are shutting the doors to…
All 138 units in the Wong Chuk Hang neighborhood were sold within just seven hours of their launch on Saturday morning, raising a staggering HK$1.53 billion (US$196 million), as reported by property agents in the South China Morning Post. Record-Setting…
Despite subdued consumer sentiment impacting its sales in the last fiscal year, Chow Tai Fook witnessed an increase in its operating profit. The company’s revenues for the fiscal year, ending on March 31, saw a significant decrease of 17.5 per cent, amounting…
Cafe de Coral, a prominent foodservice operator, has disclosed a slump in earnings, attributing the setback to a frail economy and lukewarm consumer sentiment. The fiscal report for the year ending March 31 revealed a 1.4% slide in revenue, resulting in…
The Mid-Levels District in Hong Kong is buzzing with real estate activity as celebrity Karen Joy Morris finalized the purchase of a luxurious 2,153 square-foot, three-bedroom unit on Old Peak Road on June 12, as reported by the South China Morning Post.…
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The vacant building nestled in the bustling Mong Kok district has recently hit the market, boasting a remarkable five floors and a total gross floor area of approximately 13,000 square feet (1,207 square meters). The news broke last Wednesday, as the South…
AirAsia is proud to announce the launch of its latest Fifth Freedom route, connecting Bangkok (Don Mueang) – Hong Kong – Okinawa, Japan, with the inaugural flight departing today. This marks the airline’s first route to Japan connecting Hong Kong. To…
The continued downtrend in retail sales in Hong Kong marked its 14th consecutive month in April, as per the latest government data. Local consumers have adopted a cautious approach towards spending, and tourists from mainland China have been opening their…
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