Retail

Google to invest US$550m in Chinese e-commerce firm
18 Jun 18
JD.com will put up product sale through Google shopping.
Retail sales up 12.3% to $39.5b in April as tourism strengthens
1 Jun 18
Tourist arrivals posted double digit growth after rising 11% in April.
Retailers ramp up street shop leasing activity in April as sales recover
23 May 18
Major shopping centres posted as much as 10% boost in sales performance.
Will Hong Kong's shopping boom meet another devastating end?
18 May 18
The recent surge in retail sales may not even last for the second half of 2018.
Robust local consumption buoy retail capital values to 0.3% in Q1
15 May 18
The marginal growth represents the first quarterly expansion in four years.
Retail sales value up 11.4% to $39.8b in March
4 May 18
Sales of jewellery, watches, clocks and valuable gifts led the charge.
Mercedes-Benz unveils boutique retail store in Central
30 Apr 18
‘Mercedes me’ features a wide array of goods, accessories and gifts from the brand’s exclusive collection.
Mercedes Benz unveils two new auto series in Beijing
23 Apr 18
The A-Class Saloon and C-Class saloon both have ample space and comfort features for long drives.
Patek Philippe unveils limited edition handicraft timepieces
19 Apr 18
This is in celebration of the 50th birthday of its second oldest watch, Golden Ellipse.
Retail demand recovers in Q1 as brands ramp up leasing activity
18 Apr 18
Retailers took advantage of affordable rents which are only recovering from a protracted decline.
Retail sales surge 29.8% to $45.2b in February
4 Apr 18
Consumer spending hit a seasonal high before the Chinese New Year Festival.
New auto sales growth to slow down to 4.3% to 41,000 units
13 Mar 18
Rising borrowing costs is pushing the brakes on passenger car sales.
Chinese fashion retailer GXG mulls $300m Hong Kong IPO
12 Mar 18
The brand is backed by Louis Vuitton’s private equity firm L Catterton Asia.
Retail sales up 4.1% to $44.9b in January
5 Mar 18
Consumer sentiment rose despite difference in the timing of the Chinese New Year.
Omnichannel may just be Hong Kong retail's saving grace
7 Feb 18
Retailers should tap into this goldmine as the consumer preference of Hong Kongers increasingly turns digital.
Healthier tourist arrivals boosts struggling retail sector as sales hit $446.1b in 2017
2 Feb 18
However, if retailers want to stay afloat, they should look for revenue sources other than mainland tourism.
ASEAN e-commerce forecasted to grow 32% to almost US$90b by 2025
31 Jan 18
But it may cause disruptions in ASEAN economy.
Battered retail sector gains its footing as sales may hit $480b in 2018
26 Jan 18
The sector is poised for a rebound following a bullish global economic outlook.
Online Apparel Brand GRANA Secures Undisclosed Financing from STI Group
23 Jan 18
Total funding is now at US$16M.
The changing face of Hong Kong's retail
17 Jan 18
Retailers should be ready to revamp their stores into unique lifestyle concepts to battle e-commerce.
Total retail sales up 7.5% to $38.7b in November
9 Jan 18
Medicine and cosmetics rose 12.5%.
2 in 5 Hong Kongers are likely to make online purchases on Singles' Day
21 Dec 17
It’s Hong Kong’s top online shopping festival.
Battered retail sector may recover in 2018 but outlook remains negative: Fitch
21 Dec 17
Tourist arrivals are recovering after a two-year decline.
ASEAN consumer companies' profit growth to double to 13.6% in 2018
20 Dec 17
Companies have been battered by higher costs and slower sales in 2017.
Community malls fare better than luxury counterparts amidst retail slump
20 Dec 17
Base rents for second tier malls rose compared to a decline in tier-one retailers.
Survival of the prettiest: Cosmetics put a glow on Hong Kong's pallid retail scene
11 Dec 17
It's amongst the three sectors that survived the retail slump.
Retail sector recovers slightly as rents in core areas stabilise
11 Dec 17
Higher tourist arrivals contributed to the gradual normalisation.
Asia's auto market accelerates as vehicle sales forecasted to grow 4.7% in 2018
8 Dec 17
Sales of commercial vehicles will continue to race ahead of the passenger cars.
Asia e-commerce market projected to grow to US$1.6t in 2021
4 Dec 17
India is a market to watch out for with a projected value of US$82.7b.
Retail sales up 3.9% to $37.5b in October
1 Dec 17
Thanks to the ongoing recovery of inbound tourism.
Asia to dominate global grocery market by 2022
23 Nov 17
The region is expected to enjoy a CAGR of 6.6%.
Facebook and WhatsApp top Hong Kong's social commerce platforms
23 Nov 17
Two thirds of e-commerce players use these online channels.
What you need to know about the 7th Only Watch auction
20 Nov 17
It took place in Geneva last November 11.
Two in five Hong Kongers consider running e-commerce side businesses
15 Nov 17
More people prefer to start businesses online than start with brick-and-mortar.
Will Alibaba steal Hong Kong's luxury lustre?
24 Oct 17
Alibaba is tapping more affluent households with its new Luxury Pavilion for high-end brands.
Hong Kong electronics brands fail in communication
24 Oct 17
Only 17% receive rewards for sharing their personal information.
Retail sales value up 2.7% to $34.8b
4 Oct 17
Volumte of total retail sales inched up by 3.2%.
Why July retail sales performance may be a one-off
4 Sep 17
Analysts say it could be due to tourist rebound when summer started.
Overall business environment for retailers still difficult despite sales rebounding in July
30 Aug 17
Analysts caution reading too much into one month’s print.
Retail sales value up 4% to $36b in July
30 Aug 17
Sales value of jewellery also inched higher by 12.9%.

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Events Calendar

Sep 06
HKB International Business Awards 2018
Island Shangri-La, Hong Kong
Sep 06
HKB Listed Companies Awards 2018
Island Shangri-La, Hong Kong
Sep 06
HKB National Business Awards 2018
Island Shangri-La, Hong Kong
Oct 18
HKB Management Excellence Awards 2018
Island Shangri-La, Hong Kong