Retail

Sincere’s Central department store to cease operations in December

The department store chain is looking for a new site in the area.

Golden Week mainland arrivals top 2025 record at over 1.41 million

Hotel occupancy hit 90% as retailers reported single- to double-digit spending growth. 

Retail sales extend 16-month streak despite visitor growth cooling

High street vacancy fell to 6.0% in Q3 as landlords gained confidence in rent talks. 

Patek Philippe has inaugurated the WATCH ART Grand Exhibition - Milan 2026

From 2 to 18 October, the public and devotees may immerse themselves in the world of the last remaining independent family-owned Genevan watch...

Gov’t to expand Mainland market access via enhanced CEPA framework

Measures include applying national treatment to local suppliers outside the negative list.

HK Mineral Boutique owner not part of DNA Brands probe, Singapore watchdog says

The CCS refund scheme covers Singapore outlets run by DNA Brands. 

Best Mart 360 posts $116.2m attributable profit in H1

Revenue rose 1% to $1.45b, whilst gross profit edged up 0.1%.

Retail sales rise 4.5% YoY to $31b in July

Sales value grew 8.9% in the first seven months of the year. 

Hong Kong retailers face AI checkout trust barrier

Shoppers readily use AI for product discovery but remain reluctant to surrender payment control as retailers test agent-led commerce.

Retail sales extend gains with 4.6% rise in June

Online sales rose 11.6% to $3b, accounting for 9.4% of total retail spending.

DFI Retail returns to $925m profit in H1

Full-year organic revenue growth forecast lifted to 3%-4%.

Lake Silver Shopping Centre up for sale with $1b valuation

The 52,293 sq ft property is being sold entirely on an “as-is” basis. 

Hong Kong household spending climbs 7.4% on inflation

Housing and food had the largest expenditure shares.

Retail sales rise 8.6% in April

Online retail sales jumped 30.6%, accounting for 9.7% of total retail sales during the month.