16 stories in this topic
Scaffolding has emerged around the latest project from Louis Vuitton, poised at K11 Musea and overlooking the Avenue of Stars—a scenic promenade that showcases breathtaking views of Victoria Harbour and the vibrant Hong Kong skyline. As the luxury brand…
Thai-based supermarket chain, Big C, is expanding its footprint within Hong Kong through the opening of a new flagship store situated in the bustling district of Tsim Sha Tsui. Expanding in Hong Kong Marking its entrance into the Hong Kong marketplace in…
The Mills officially opened at the end of 2018, becoming a new landmark that combines historical and cultural retailing, attracting a number of local brands in Hong Kong. The Mills is a revitalization project from Nan Fung Group scheduled for completion and…
A “steady if cautious” Hong Kong retail recovery is clearly underway, according to a report from Savills released today. “The retail sector is slowly coming to life after four years of painful adjustment which has seen the emergence of a ‘tenant’s market’, a…
Taiwan’s ZhangMen Brewing Company has chosen Hong Kong to set up its first international flagship pub. On Kimberley Road in Tsim Sha Tsui, the outlet offers 24 varieties of craft beer, shipped directly from its brewery, as well as providing Taiwanese snacks.…
The prime shopping hubs of Causeway Bay and Tsim Sha Tsui, among the most expensive in Hong Kong in terms of rental costs, remain attractive for retailers amid overall sluggishness in the sector. Retail rents in Causeway Bay fell 8 per cent in the rental…
Hong Kong may no longer be the darling of European luxury brands after the combined effect of a slower local economy and fewer mainland shoppers as a result of Beijing’s anti-corruption crack down, but the city is still magnet for less expensive luxury brands…
Luxury tableware and gifts retailer Town House is opening another retail store location at Wing On department store in Sheung Wan. The expansion of Town House into a fully-fledged retail shop in Wing On is part of a strategy to open new retail locations to…
Shares of Chinese Estates dropped as much as 11 per cent on Tuesday despite its core profit jumping 3.4 times last year to HK$16.78 billion, mainly driven by asset disposals. The company’s shares end the day 8.65 per cent or HK$1.80 lower at HK$19 after…
Korean cosmetics retailer Nature Republic has shuttered its Tsim Sha Tsui flagship store – seven months before the end of its lease. According to a report in the Hong Kong Economic Journal, Nature Republic was paying a monthly rent of $950,000 for the 1640…
The ranks of English language bookshops in Hong Kong may be dwindling, but someone forgot to tell Taiwanese retailer Eslite. The second store will be themed ‘Travellers, Taiwan, Diversity and Culture’, spread over two floors of Star City at 3 Salisbury Rd. It…
Hong Kong retail is moving from its traditional luxury focus to the mid market and the demographics of shoppers change, according to a report from CBRE. Mid-market retail brands are set to overtake luxury brands as the main driver of retail demand in the…
Hong Kong police and customs officers have made the biggest seizure of counterfeit bags and accessories in a decade. The authorities say they netted 30,000 bags in a two day operation on July 28 and 29, details of which have only just been revealed. Customs…
Department store operator Lifestyle International says its Sogo department stores in Causeway Bay and Tsim Sha Tsui helped it achieve a 15.1 per cent boost in first half year profit. In the six months to June 30, group turnover increased 6.6 per cent to…
Korean cosmetics retailer Missha is returning to Hong Kong. Some 20 Missha Hong Kong stores were shuttered around New Year’s Eve this year when the previous local retail partner collapsed. Now Missha has a new partner – DKSH (DiethelmKellerSiberHegner) –…
The days of double-digit sales growth seem like a mirage now. Not long ago retailers were blasé about such numbers when mainland visitor arrivals were at their peak. Now, of the 10-odd shops in a prime stretch of Yee Wo Street in the Causeway Bay shopping…