Retail
Chow Tai Fook Jewellry taps Gabriela Ferreira as international general manager
Chow Tai Fook Jewellry taps Gabriela Ferreira as international general manager
She will focus on enhancing brand desirability and identify new growth opportunities.
Alternative payments is top choice for e-commerce purchases in Hong Kong
It accounts for 41.7% share in 2023.
Retail sales value drops 11.3% YoY in July
Retail sales volume also dropped 13.3% YoY.
PAÑPURI expands into Hong Kong with new store in Tsim Sha Tsui
The brand offers wellness products such as fragrances, beauty products, essential oils, and diffusers.
Stella’s net profit soars 65.7% in H1 2024
The interim dividend stands at HK65 cents (US$5) per ordinary share.
Hong Kong shops need new strategy versus mainland
They must innovate, improve service or partner with their rivals amidst slumping sales.
Hong Kong warns consumers on toilet roll brands that may clog drains
Four toilet paper brands were found to have a high tendency to clog drainpipes.
Hong Kong a ‘pivotal global financial hub’: Knight Frank
Its urban prosperity is the best amongst new wealth hubs.
Retail sales value fall 9.7% YoY to $29.9b in June
The government attributed the decline to changing consumption patterns.
Hong Kong offers rent-free shop premises for start-ups
The programme will run for 7 months.
HK inaugurates shopping festival to boost local SMEs in Mainland China
Over 230 local brands are participating in the event.
High street rents to outperform non-core retail rents
Rents rose 1.0% QoQ and 7.4% YoY in Q2.
HK launches 'E-commerce Easy' to boost Mainland market access
It has a cumulative funding ceiling of $1m.
HK retail landlords boost investments amidst sector downturn
They are enhancing malls through marketing, renovations, and amenities like pet-friendly spaces.
Riviera Plaza in Tsuen Wan for sale
The plaza was completed in 1990.
HK retail leasing market stable amidst shifting consumer trends
The overall high street vacancy rate held steady.
The retail leasing market in Hong Kong remained stable in Q2 2024, according to Cushman & Wakefield...
Retail sales decline 11.5% in May
The decline was due to the changes in consumer spending and the weakening Hong Kong dollar.
Commentary
Don’t let ESG gaps affect your asset’s value