Retail

Watsons China names Fred Chan and Vivian Nie as co-managing directors

The appointments are effective from April 2024.
3 days ago

Watsons China names Fred Chan and Vivian Nie as co-managing directors

The appointments are effective from April 2024.
3 days ago

Gov’t sets up 'Silver Economy' panel

The panel will explore the economic potential of Hong Kong's growing elderly population.

Why Hong Kong's retail sector may face talent shortage in 2024

Employee expectations to contribute to manpower crunch in the industry.

3 key strategies for Hong Kong retailers to amplify sales in 2024

Implementing one of these strategies has shown conversion rates between 50%-70%.

Loyalty- and tech-driven strategies key to effective returns management

Experts vouch for third-party services to leverage the potential of return policies.

Provisional retail sales up 7.8% YoY in December 2023

For the whole year, Hong Kong saw a 16.2% increase in retail sales value.

High street shop rents rise 14.8% YoY in 2023

In 2024, experts expect rents to climb by only 5%-10%.

Retail sales up 13% YoY to $31.8b in September

Online retail sales accounted for 11% of the total value.

Unit sales of tech and durables market drop 7% YoY in 1H23

Across subsegments, IT recorded the biggest drop in value USD terms, falling -22%.

Retail sales up 13.7% YoY to $32.4b in August

The sector will continue to benefit from the growth of inbound tourism.

Brands that act with empathy win trust of Hong Kong consumers

An IPSOS report showed that consumers’ trust towards businesses has been eroding.

Brands that act with empathy win trust of Hong Kong consumers

An IPSOS report showed that consumers’ trust towards businesses has been eroding.

HK investors favour retail properties

There were more larger sum of transactions generated in August 2023.

3 key elements that fuel branded mobile app effectiveness

By introducing a shopping credit in its mobile app, a retailer saw a 500% growth in sales.