Reporting and analysis on retail, e-commerce, and consumer trends in Hong Kong, updated continuously by our newsroom.
Hong Kong retail sales declined 2.9 per cent in December, year-on-year, as visitor numbers showed signs of recovering and the watches and jewellery sector posted a long-awaited increase. That follows a revised Census and Statistics Department (C&SD) figure of…
Cognizant, a leading global provider of information technology, consulting and business process services, today announced the expansion of its operations in Hong Kong with the opening of a new office. Cognizant’s expanded presence in Hong Kong will enhance…
Korea’s popcorn soft-serve ice cream brand Sweet Monster has arrived in Indonesia as the first F&B retail venture of Indonesian brand group Time International. It has launched stalls in Project X Plaza Indonesia and Pondok Indah Mall 2 in Jakarta, featuring…
Hong Kong-based retailer A.S. Watson Group said on Thursday it will spend $70 million over the next three years in big data technologies, including investment in a Canadian artificial intelligence venture company. A.S. Watson will consolidate its customer…
Many a fortune has been squandered at Hong Kong’s famed Happy Valley race track. But it’s fair to say that picking a winner from the bidding line-up for the two core category tenders at Hong Kong International Airport (HKIA) some 30 minutes away is a far more…
The first Hong Kong food trucks have hit the streets – 16 in all will be operational tomorrow. Stationed at eight locations, they will offer a range of dishes as diverse as dumplings, dragonfruit smoothies and American-style steamed bread. It is the launch of…
Hong Kong is known to be a melting pot of activities, yet there’s one pastime in particular that locals and visitors alike always gravitate toward: shopping. The big malls like Pacific Place and Times Square definitely give shopaholics a run for their money,…
The daily flight was launched in December 2016 and is operated with an Airbus A320. “We congratulate VietJet on the launch of this exciting new service to Ho Chi Minh, which provides access to an important destination for our customers,” said Mark Whitehead,…
The Wellcome supermarket chain has come under fire for failing to protect workers’ health as it emerged that they do not provide chairs for on-duty cashiers. The Retail, Commerce and Clothing Industries General Union said Thursday that none of the 154…
Two burglars smashed the window of a luxury goods shop in the IFC mall in Central and fled with 40 watches in front of a security guard during a Lunar New Year’s Day raid. In a drama that lasted for barely two minutes, one of the pair broke open the glass…
Korean eyewear retailer Gentle Monster is creating jaw-dropping retail executions across Asia and beyond. The images accompanying this story are of the equally unique Beijing flagship store, located in the Sanlitun retail precinct. Each Gentle Monster…
Hong Kong property tycoon Ronnie Chan Chi-chung came to China’s defense on Thursday, saying U.S. President Donald Trump would eventually become realistic and “shut up,” amid concerns over a looming Sino-U.S. trade war. “China is not the same as before. If the…
After falling 12 per cent in 2016, the pace of decline in Hong Kong high street retail rents should ease in the year ahead, predicts CBRE. Last year’s decline followed a 17 per cent fall in 2015. That represents a full 27 per cent fall since rents were at…
HSBC is shutting 62 more British branches this year, meaning the bank will have closed 340 outlets across the country within the past two years. But in a divergence of strategies between two of its most significant retail banking markets, the bank said it had…
Food and beverage and lifestyle is driving Hong Kong retail innovation, says property expert Shaun McManus with JLL Hong Kong. “The activewear and sports apparel sector has been a front-runner in elevating in-store experiences for shoppers,” McManus, who…
State-owned PT Bank Negara Indonesia (BNI) will be launching Indonesia-Hong Kong Worker Card (KPIH), a multi-function card for Indonesian employees in Hong Kong. The Bank had previously launched Indonesia-Singapore Worker Card (KPIS) in November 2016. The…
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