Fast-fashion online retailer Shein is preparing to debut its Initial Public Offering (IPO) in Hong Kong as early as next Wednesday, according to individuals privy to the matter. The Singapore-based enterprise has engaged in marketing its share offering to…
Despite the overall downturn in Hong Kong’s retail market, fast-food conglomerate McDonald’s has successfully managed to sell close to half of its 23 retail properties in the city at premium rates. The selling spree initiated in July of the previous year, in…
Lululemon, the athletic apparel retailer, has once again opened the doors of its Hysan Place store in Hong Kong’s bustling Causeway Bay neighborhood. This is a part of the company’s ongoing effort to expand its community-driven retail model and solidify its…
In June, Hong Kong saw an impressive rise in retail sales, with a 4.6% increase compared to the same month in the previous year. This resulted in a total of HK$31.5 billion (US$4.02 billion) in sales, signifying a consistent growth pattern for the 14th…
SmarTone Mobile Communications Limited has announced its plans to permanently halt its 3G mobile services come October 9, 2026. The move is part of the company’s proactive transition to more sophisticated mobile technologies. Shifting to Advanced Technologies…
Nice Rice, a popular Chinese fashion brand, has debuted its first outlet in Hong Kong, marking a crucial step in the brand’s expansion outside of Mainland China. Innovative Flagship Store in a Premium Retail Location The brand’s flagship store, which spans an…
Hongkong Land, a leading property investment, management, and development group, has successfully secured a deal to purchase Singapore’s premium shopping centre, Wheelock Place. The purchase, valued at approximately US$900 million, is being transacted through…
PapaHome, powered by Taobao, continues its growth in the Hong Kong market by moving its primary store to a bigger location at Fashion Walk, Causeway Bay. The grand opening is slated for October. Expansion and Rebranding The upgraded flagship store will occupy…
Online retailer Shein recently reported a notable quarterly loss of $99 million, as indicated in its pre-IPO financial filings. This downturn comes in the wake of the United States lifting an import duty exemption on small packages along with a significant,…
In the wake of a record-breaking first half of the year, bulk homebuyers are anticipated to continue to be a significant influence in Hong Kong’s primary residential market throughout the second half of the year. The strong rental demand, particularly from…
Fast-fashion retail giant Shein has received authorization for its much-anticipated Initial Public Offering (IPO) process in Hong Kong, bringing it one step closer to a listing after unsuccessful runs in both New York and London. This news came from the China…
The retail sector in Hong Kong experienced a healthy growth in May, a trend that is anticipated to sustain, given the positive economic climate. Data from the Census and Statistics Department reveals a 7.9% year-on-year increase in retail sales, reaching…
JD.com, a prominent Chinese e-commerce company, has inaugurated its first physical JD Mall in Hong Kong. This venture marks the beginning of an ambitious expansion strategy, which projects the opening of 6 to 8 more stores across the city over the forthcoming…
Nike recently kicked off a football-centric retail initiative as a part of their worldwide ‘Rip the Script’ campaign in Hong Kong, transforming selected stores into immersive environments. This move, unveiled under the banner ‘Nike Football Universe’, aligns…
Nike has initiated a football-centric retail strategy throughout Hong Kong, as a segment of its worldwide ‘Rip the Script’ campaign, by transforming select stores into immersive environments. This effort, known as the ‘Nike Football Universe’, aligns with the…
The bustling city of Hong Kong is all set to welcome its inaugural 24-hour convenience store managed entirely by a humanoid robot. This groundbreaking project denotes the initial venture outside Mainland China for Beijing-based robotics firm, Galbot. Situated…
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