Reporting and analysis on retail, e-commerce, and consumer trends in Hong Kong, updated continuously by our newsroom.
During July to August, Hong Kong conducts special events and stores have special sales for the festival. One can get quality products and prices. During this time, there will be more sales than usual. Many stores will be also open longer than usual. Major…
CEC International Holdings (0759), which operates 759 Store outlets, recorded a net loss of HK$29.9 million for the six months to October, a reversal from the HK$8.1 million net profit that it made a year earlier. Loss per share was 4.49 HK cents in its…
The number of shoppers venturing out to the Boxing Day sales fell 6.7% on last year in another challenging period for struggling UK retailers, figures show. Hardware and technology stores particularly struggled, mainly because buyers do not need to inspect…
Baby Milo has opened a pair of pop-up locations in Tokyo this week, as well as a Hong Kong location over the weekend. Parent brand A Bathing Bape has begun opening Baby Milo stores across Japan (Harajuku and Shibuya), Hong Kong and China this past weekend,…
J.Co Donuts & Coffee, the Indonesian ‘lifestyle cafe’ chain has further expanded its Asian footprint, opening its first store in Hong Kong this week. The 11 year-old brand now has 250 stores in its home market,Malaysia, Singapore and the Philippines – and now…
Hong Kong luxury brand Luk Fook Jewellery has arrived in Malaysia, opening two stores – at Pavilion Elite and Suria KLCC. The group hosted a grand ribbon-cutting ceremony at its Pavilion Elite outlet, attended by actress Kristal Tin, Pavilion Kuala Lumpur…
Quirky US skincare brand Burt’s Bees is set to open stores across Asia after testing new concept formats in Hong Kong. The first stores are now trading at Queensway Plaza and Ocean Terminal. Despite its relative youth, Burt’s Bees is something of an…
Most local and mainland retail investors will trade funds on an online platform if the Hong Kong Exchanges and Clearing sets up and operates one, according to a Hong Kong Investment Funds Association survey. The poll showed that 81 percent of mainlanders…
People visit a viewing deck overlooking Victoria Harbour in Hong Kong. The city’s property prices have continued to climb because of the influx of mainland Chinese developers. Hong Kong: Here’s how billionaire Edwin Leong, one of Hong Kong’s largest retail…
Hong Kong’s retail banks saw a modest rise in profits in the first three quarters of the year thanks to improved income from foreign exchange activities. According to figures from the Hong Kong Monetary Authority, retail banks in the city saw their pre-tax…
Humane Farm Animal Care (HFAC), the leading international nonprofit certification program improving the lives of millions of farm animals in food production, announced that Korin Agropecuária, the largest organic chicken producer in Brazil and the first…
HKT, the telecoms unit of the Richard Li-owned PCCW Group, warned that the administration fees charged by the telecoms industry to consumers are set to rise significantly by 2021, due to higher spectrum cost and “monopoly rents”. HKT group managing director…
The inaugural HKTDC Lifestyle Expo in New Delhi welcomed more than 2,000 trade buyers during its two-day run on 19 and 20 December 2016, as 120 Hong Kong and mainland companies showcased a range of trendy, high-quality products, reaffirming Hong Kong’s…
Chinese international restaurant brand Element Fresh plans to grant development rights to franchisees across Asia, with an initial focus on Hong Kong, Japan, Thailand and Singapore. Founded in 2002, the group has nearly 40 restaurants in China, mainly in…
Sunway Velocity Mall has opened in Cheras, with a catchment of 1.72 million residents including the nearby areas of Ampang and Kuala Lumpur. With a neo-futuristic appearance, the sphere-shaped shopping centre, known as the “KL Orb”, is set to be a landmark on…
Hong Kong Customs has arrested 10 people and seized HK$10 million (US$1.2 million) worth of fake products, smashing a counterfeit syndicate at the Ladies Market. It was the largest syndicate caught in three raids by the Customs and Excise Department this year…
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