32 stories in this topic
For affluent Hong Kong residents, the allure of real estate doesn’t hold the same level of appeal as it once did, according to a recent study. Interestingly, travel appears to be taking precedence over traditional investments like property. Only a quarter of…
Mastercard has broadened its premium travel services in the Asia Pacific region by launching the first Taste by Priceless dining club at Hong Kong International Airport. This move is aimed at bolstering the company’s allure for wealthy travelers. The dining…
Fast-fashion online retailer, Shein, recently disclosed that its US operations are currently under investigation by the US Federal Trade Commission (FTC). This news comes from documents related to its intended Hong Kong initial public offering (IPO),…
Donald Tang, executive chairman of Shein, the global fast-fashion retailer, is preparing to step down as the company nears its public offering, according to sources with first-hand knowledge of the situation. Tang has been the public face of the company for…
Zimmermann, the esteemed Australian fashion label, has unveiled its first boutique in Hong Kong at the upscale Pacific Place, further solidifying its foothold in the Asian market. The boutique is strategically situated in the posh sector of Pacific Place,…
Luxshare Precision Industry, headquartered in China, announced on Tuesday that its Hong Kong listing has been priced at the upper limit of its target range, resulting in the raising of approximately HK$24.27 billion (US$3.09 billion). The Apple supplier,…
Lululemon, the renowned athletic apparel company, is reinitiating its Like New programme in Hong Kong, in collaboration with Redress, a local NGO. This endeavour aims to give a second life to pre-owned clothes and is part of Lululemon’s broader sustainability…
In celebration of its 185th anniversary, Watsons Hong Kong has unveiled a heritage concept store in Yau Ma Tei. This innovative store seeks to blend the brand’s long-standing pharmacy heritage with the excitement of experiential retail and exclusive…
High-end fashion house Miu Miu has inaugurated a new boutique in Hong Kong’s K11 Musea, further enhancing the luxury retail location’s high-grade fashion repertoire. The 161 square metre boutique showcases ready-to-wear collections, handbags, footwear and…
In a strategic move to align its retail footprint with a site steeped in local history and prominent architecture, Lacoste has inaugurated a new flagship store in Hong Kong. This elegant location is situated in the Central district’s Pedder Building, a Grade…
The Oversea-Chinese Banking Corporation (OCBC) has announced plans to bolster its wealth-management staff in Hong Kong by 30% this year. This move is a strategic reaction to an increasing demand from its clientele for investment and financing services.…
KKV, a leading Chinese lifestyle retailer, has paved its way into Hong Kong, initiating its first store at the bustling Lee Tung Avenue. Phase of Expansion This unveiling signifies yet another step in the brand’s strategy to strengthen its presence in the…
Accessories retailer Cafuné recently unveiled a pop-up store inside Harbour City situated in Tsim Sha Tsui, marking a significant milestone as the brand’s first solo venture in Hong Kong. The store is situated on the third level of the Ocean Centre. Store…
On Monday, a shocking incident occurred at Hong Kong International Airport, one of the world’s busiest air cargo hubs, when a cargo plane veered off the runway during landing and splashed into the sea. This unfortunate event resulted in the death of two…
UBS, a major global bank, has recently found itself facing penalties from Hong Kong’s Securities and Futures Commission (SFC). The bank has been fined HK$8 million ($1 million) due to misclassification of its clients under the professional investor regime,…
Fintech platform, iCapital, is reportedly planning to expand its presence in the Asia-Pacific region, including in cities such as Hong Kong, Singapore, and Australia. Expansion in Singapore iCapital is currently relocating to a larger office in Singapore,…