Reporting and analysis on retail, e-commerce, and consumer trends in Hong Kong, updated continuously by our newsroom.
AirAsia Group is looking at a secondary listing of the airline, AirAsia Bhd, on the Hong Kong Stock Exchange (HKSE) and hopes that it can take place before the middle of this year. Towards this end, it is believed that China Merchants Bank, an investment bank…
Hong Kong’s SmarTone has teamed up with Cisco Jasper, Cisco’s IoT division, to launch IoT services in the market. The companies will offer Hong Kong businesses the opportunity to leverage SmarTone’s mobile network and Cisco Jasper’s Control Center managed…
US fast-fashion retailer Forever 21 has launched its activewear collection globally at its stores and on its website. The Forever 21 Activewear Collection provides low-, medium- and high-impact pieces in an array of soft and neon hues. The Fit and Run…
Singapore F&B chain Old Chang Kee is forming a JV in the UK so it can expand and build its brand there, primarily in London. With Singapore company 13 Wonders, which is mainly involved in the general wholesale trade and food retail, it is forming Old Chang…
Same-store sales for clothing retailer Bauhaus International in Hong Kong and Macau have dropped 10 per cent year-on-year for the three months ended December 31. The streetwear retailer designs and makes apparel and accessories which it wholesales and retails…
Mobile advertising tech company S4M has launched a service to target more than 30 million airport travellers each week. Using enriched geo-localised user behavioural and contextual data, the company wants to help brands boost their presence in 30 global…
McDonald’s has confirmed the sale of its China and Hong Kong operations to an investment consortium for US$2.08 billion (HK$16.14 billion). Under the deal, the purchasers, Citic Limited, Citic Capital and The Carlyle Group, will open 1500 new outlets. Phyllis…
Users of China mobile wallet app Alipay hit spending records last year both online and in stores. Of the app’s 450 million users, most are in Shanghai, paying out an average US$20,400 last year, says the Alibaba spin-off company. This was 1.5 times more than…
The HKTDC Hong Kong Toys & Games Fair, HKTDC Hong Kong Baby Products Fair and the Hong Kong International Stationery Fair opened today at the Hong Kong Convention and Exhibition Centre (HKCEC). The four-day fairs will continue through 12 January and gather a…
China’s new import tax regime has enabled cosmetics giants AmorePacific and Estee Lauder to lower their prices in China by up to 30 per cent. AmorePacific’s China division says it will reduce Mainland cosmetics prices for 327 lines under the brands of Etude…
Over 250 expressions from 50 international brands will be on offer for passengers travelling through Hong Kong’s airport, including the opportunity to sample more than 40 different whiskies every day. The Whiskey House has been created by DFS in partnership…
The decline in Hong Kong retail sales widened in November, although the market is still performing better than in the previous quarter. Official government data shows the value of sales in November 2016, provisionally estimated at HK$36 billion, decreased by…
The 43rd HKTDC Hong Kong Toys & Games Fair, the eighth HKTDC Hong Kong Baby Products Fair and the 17th Hong Kong International Stationery Fair are set to open at the Hong Kong Convention and Exhibition Centre (HKCEC) next week. Starting on 9 January and…
Retail sales of jewelry and other luxury items in Hong Kong slumped in November as tourist arrivals continue to dwindle. Revenue from jewelry, watches, clocks and valuable gifts declined 14 percent to $731.6 million (5.67 billion) in November, according to…
The trend of hosting art shows in privately owned spaces with public access is catching on in HK. Is exhibiting in malls the future in a city where galleries are struggling to cope with depleting footfalls? Last April it was the giant balloons. This month it…
According to SkyCargo, Yiu has more than 20 years of experience in the logistics industry. He has worked for various global freight forwarders in Hong Kong and China, overseeing operations and capacity procurement. Yiu also has experience in contractual…
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