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Growth in overnight Mainland visitors to Hong Kong has slumped to a fraction of last year’s figures. Total visitor numbers from China’s Mainland in May rose by five per cent year on year – but it’s the day trippers making the numbers, not the cashed up…
Beauty retailer The Luxasia Group has appointed former SingPost CEO Dr Wolfgang Baier as group CEO, while founder/owner Patrick Chong has become chairman. “Luxasia is now at an important crossroads,” says Chong. “We intend to grow with our international…
Fashion retailer H&M Hong Kong has received Asia’s Best Employer Brand Award at a ceremony hosted by the Employer Branding Institute, World HRD Congress and Stars of the Industry Group. Presented at the Pan Pacific Singapore, the award recognises…
Chains outperform independent eateries in China restaurant rankings, new research shows. A survey by global consulting firm OC&C Strategy Consultants shows that Chinese consumers dine out on average two or three times a week, with Hai Di Lao, Pizza Hut and…
3 Hong Kong will offer free “myTV Super” 5GB data SIM cards at 3Shops and other designated outlets starting mid-March. The card enables mobile users to watch Television Broadcasts (TVB) programs from 30 thematic TV channels for 30 days via the new “myTV…
A strong Hong Kong dollar and fewer tourists to Hong Kong and Macau hit profits for Hong Kong-listed fashion group Bossini International Holdings for the six months to December 31. Revenue dipped 13 per cent to HK$1146 million (US$147 million) from $1319…
Christmas is all around, but this holiday season, Hong Kong is expected to suffer as both locals and tourists are reining in their spending. Christmas is in the air! Usually, this time marks the peak of consumption but NOT this year. Retailers are expecting a…
Retail sales in Hong Kong dropped for the eighth consecutive month in October amid a decline in the number of mainland tourists. October sales fell 3 percent year on year to HK$37.2 billion, against an estimated decline of 5 percent, the Hong Kong Economic…
For the second year running, DFS Group is partnering with Make-A-Wish International (www.worldwish.org) this December in its #JoyToYourWorld charity campaign to help children fighting life-threatening medical conditions by granting their special wishes. Jay…
A VEGETABLE grower is excited about the prospect of his product going from the ground to the dinner plates of Hong Kong within 24 hours. Geoffrey Story is among many from Toowoomba and the region who are preparing to tap into the lucrative Asian market. As…
BlackBerry Ltd’s first Android-based smartphone, Priv, is coming to Hong Kong, according to a company release. Priv is expected to be formally available in retail stores in Hong Kong starting mid this month. In Hong Kong, Priv will be available at a price…
Yahoo Hong Kong has launched its Yahoo Hong Kong-Taiwan cross-border eCommerce platform today. In the first stage, more than 100 Taiwanese brands accredited with the Made in Taiwan Smile Logo will enter the Hong Kong market – in categories ranging from food…
The Hong Kong branch of Rigby and Peller is using a smart fitting room mirror to help customers work out their ideal bra size. For many women, especially young ones, being fitted for a bra is an embarrassing experience that they seek to avoid, often resolving…
The world’s first exchange for physical diamonds, is set to launch in Singapore in the fourth quarter, with a longer-term plan of creating a diamond futures market. Alain Vandenborre, the man behind the Singapore Diamond Investment Exchange (SDiX), thinks…
Continuing volatility in the market and the exchange rate landscape in Hong Kong, Macau and the Asia Pacific region (excluding Japan) has been blamed for Prada’s overall net profit fall of -23% to €188.6m ($212.7m) in the first half of 2015. Despite the big…
Hong Kong has lost its edge as the go-to destination for international tourists seeking retail therapy. In a presentation to the 22nd CLSA Investors Forum, CLSA’s head of consumer and gaming research Aaron Fischer, said luxury retail prices in Hong Kong are…
