
Hong Kong Retail Sales Rise 4.5 per Cent to HK$31 Billion in July
Online shopping reached HK$2.8 billion during the month as jewellery and watch sales led gains across the territory.
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Online shopping reached HK$2.8 billion during the month as jewellery and watch sales led gains across the territory.

Double-digit revenue and profit gains show budget-conscious consumers continued buying accessories despite tightened household spending.

The Chinese heritage gold jeweller is preparing international store openings to offset slowing growth across its domestic retail network.

Revenue rose 17.6 per cent to $938.8 million on rapid network rollout and double-digit sales gains across the Americas and Europe.

Retail sales in Singapore experienced increased growth in June, with most sectors seeing improvements, with the most significant ones being recreational goods, watches, and jewelry. According to the Department of Statistics, retail sales—excluding motor…

Chow Tai Fook Jewellery Group has announced the appointment of David Tse to the newly created role of Global Creative Director. This strategic move is intended to bolster the company’s ongoing globalization efforts. Strengthening Position as a Leading Chinese…

Tang Yick-ki, a director of Prince Jewellery and Sky Regal Properties, has recently engaged in significant real estate transactions in Hong Kong. He sold an apartment in Kowloon and obtained a two-story home in the vicinity for HKD50 million (US$6.4 million).…

In recent data from Singapore’s Department of Statistics, there has been a resurgence of retail sales growth in October, rebounding from a deceleration experienced in the prior month. Retail Sales Overview Retail sales, with the exclusion of motor vehicles,…

Retail sales in Singapore continued their upward trajectory in September, albeit at a slower rate than in August. Retail Sales Trend In September, retail sales, excluding motor vehicles, rose by 2 per cent. This is a slight dip compared to the 4.7 per cent…

In September, retail sales in Singapore continued their upward trajectory, albeit at a slower pace than in August. Overview of Retail Sales Singapore’s retail sales, excluding motor vehicles, witnessed a 2% growth in September. This figure is slightly lower…

Hong Kong’s renowned luxury jewellery brand, Chow Sang Sang, has announced its foray into the North American market. This expansion is made possible through a strategic partnership with Nuvei, an international payments company. Genevieve Chow, the Chief…

The Indian lifestyle retail giant, Titan, known for owning the Tanishq jewellery brand, has recently made a significant acquisition. The company bought a 67% stake in Damas Jewellery, which is based in Dubai, for a total of US$189 million (AED695 million).…

Luk Fook sales in the third quarter fell 10 per cent on a same-store basis. “Recent market sentiment has been adversely impacted by the US-China trade war, the depreciation of Renminbi, and downward pressure in the stock and property markets,” said chairman…

Pop Mart, the renowned creator of the globally popular “blind box” toys featuring the unique and charming Labubu character, unveiled its debut jewellery store in Shanghai last Friday. The new concept store, known as Popop, offers a variety of accessories…

Dao Xuan Tuan, the director of the Foreign Exchange Management Department at the State Bank of Vietnam, has announced exciting developments in the nation’s gold bullion landscape. In a recent statement to the Lao Dong (Labour) daily, Tuan revealed that the…

Italian luxury jeweller Vhernier will make its physical debut in Vietnam in collaboration with local distributor Runway Vietnam. The brand’s collection, which includes Abbraccio, Calla, and Eclisse, will be available at the Runway Rex Hotel in Ho Chi Minh…
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