Retail

Year-end retail sales may fall by up to 8.1% as protests ravage Hong Kong
8 Aug 19
The sales decline may be even worse than the 2014 Occupy Movement.
Retail sales fall 6.7% to $35.2b in June
5 Aug 19
Sales will likely be subdued due to the weak economic outlook and ongoing demonstrations.
Luxury retailers halt expansion plans as sales weaken
31 Jul 19
As a result, non-luxury retailers are moving on in core areas outside Central.
Skyrocketing rents hit Hong Kong retailers hard
24 Jul 19
Retailers are burdened by leasing costs as high as $20,864 annually.
High street retail rents slipped 0.1% in Q2
17 Jul 19
Most new leases were by mid-range retailers in the personal care and sporting goods categories.
Large-scale retailers take advantage of Hong Kong's prime office shopping boom
11 Jul 19
Recent woes in the retail sector made landlords increasingly open to different concepts.
Hong Kong retail sales to dip 5% in 2019: PwC
9 Jul 19
Consumer experience is key to combat sales slump as tourist arrivals slow.
Neighbourhood shopping malls flourish in Hong Kong's tight spaces
3 Jul 19
Investors have pooled $63b into the sector in the past decade.
Retail sales down 1.3% to $40b in May
3 Jul 19
This was blamed on the late arrival of the Labour Day holidays on Mainland.
Retail sales slipped 4.5% in April
25 Jun 19
Sales of jewellery, watches and luxury goods sector fell 11.4%.
Retail sales volumes dipped 0.8% in March
11 Jun 19
Upgrades in transportation links may not be strong enough to offset visitors' weakening purchasing sentiments.
China-specific Pitfalls and Mitigation Strategies in Procurement Transformation
6 Jun 19
By Wen CHEN, Principal at Oliver Wyman With the evolution of international trade and advancements in domestic industrials, many...
Inflation up 2.9% in April
28 May 19
Higher prices for food, housing and transport offset declines in utilities.
Retail sales dropped 10.1% in February
30 Apr 19
Consumer durable goods led the outlet-wide declines at 18.4%.
Retail sales dipped 1.6% in January-February
17 Apr 19
Customers chose to spend their dollars abroad than locally.
Retail sales up 7.1% to $48.1m in January
29 Mar 19
Sales at department stores and F&B outlets rose 15.1% and 13% respectively.
Retail sales reverse slowdown with 7.1% gain in January
6 Mar 19
The earlier arrival of the Lunar New year boosted sales growth.
India's booming e-commerce market to be worth US$200b by 2026: report
11 Feb 19
Electronics & Accessories purchases occupies nearly half of the country’s e-commerce sales.
Retail sales growth falls to 18-month low at $44.9b in December
6 Feb 19
Buying sentiment remained cautious.
Retail rents to remain flat in 2019 amidst economic headwinds
30 Jan 19
F&B and healthcare sectors will provide key support to the retail leasing market.
Higher Central office supply looms as Chinese tenants pull out
21 Jan 19
Occupiers in the financial sector have also been exiting.
2.5 million sqft of retail space to be completed in 2019
16 Jan 19
Healthcare and cosmetics firms will drive leasing growth.
Baby Basics aims to be a one-stop online portal for all your infant essentials
9 Jan 19
It also unveiled its physical store in Lansing House following a positive online response.
Ztore.com hauls $62m in series B round
9 Jan 19
Funding proceeds will be used to launch its Ztore App.
Retail sales slow 1.4% to $39.2b in November
8 Jan 19
Buying sentiment has soured in response to economic uncertainties.
Prime street shop rents to fall by at least 5% in 2019
19 Dec 18
The weak renminbi and stock market are to blame.
Grade A office capital values may drop 10% in 2019
11 Dec 18
Central and Kowloon East are forecasted to post the slowest growth.
Retail sales reverse September slowdown to hit $39.7b in October
5 Dec 18
The faster increase in visitor arrivals boosted purchases.
APAC's mobile payment usage climbs 30% in 2018
27 Nov 18
Consumers in China and India are more likely to reach for their phones to shop and pay.
Retail rents in Causeway Bay are the world's most expensive
14 Nov 18
Leasing costs are at a whopping $2,671 sqft/per year.
Retail sales skyrocket by an average of 758% on Singles' Day
8 Nov 18
Residents spend an average of $960.
Fung Group moves to ease Mainland retail expansion in Alibaba tie-up
8 Nov 18
They will assist in online and offline distribution.
Mid-price brands outdo luxury retailers in August expansion
6 Nov 18
Charles & Keith is opening another store in Parker House.
Retail sales grind to a halt at 2.4% to $36.6b in September
2 Nov 18
Trade tensions and typhoon Mangkhut were a double whammy.
Patek Philippe unveils self-winding wristwatch for the modern woman
26 Oct 18
The Twenty~4 Automatic comes in stainless stel or rose gold.
Cosmetic brands cash in on tourist influx as they lead Q3 retail expansion charge
23 Oct 18
Notable leasing deals include those by Bonjour and NYX Professional Makeup.
Nearly half of consumers set to join Black Friday shopping craze
18 Oct 18
Hong Kongers are expected to spend an average of $825.
Retail sales hit $38.2b in August but fail to sustain double-digit growth
4 Oct 18
This marks the second month of single-digit expansion.
Retailers ramp up expansion plans in August but shun Central street shops
3 Oct 18
Luxury brands have found a new hot location.
Retailers scramble to cash in on bubble tea craze
10 Sep 18
Their strong sales volume have endeared them as the new darling of shopping malls.

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Aug 27
HKB Made in Hong Kong and Designed in Hong Kong Awards 2019
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