Retail

SML Group reports ESG progress towards net-zero emission by 2050

With over 92% waste no longer landfilled and 57.7% pioneer products features sustainable.

Alaina Shum to lead Consumer Council

The former VTC Deputy Executive Director will assume office on 21 August.

New payment systems integrated into Kai Tak Sports Park

More than 300 payment terminals have so far been installed.

New World’s bond decision seen as red flag for liquidity risks

S&P warns the situation could hurt buyer confidence.

Xiaohongshu opens first overseas office in Hong Kong

It will help connect global brands with Chinese consumers.

Hong Kong losing appeal as shopping mecca due to tariffs

Mainland Chinese tourists may turn to Japan and Korea for better value.

Retail sales drop 2.3% YoY in April

It was provisionally estimated at $28.9b.

Shein drops London listing for Hong Kong IPO—report

Reports indicate that the online retailer has yet to get approval from Chinese regulators.

The Z Label tests AI tools for products targeting Gen Z

The goal is to develop at least three tools into successful ventures.

Retail sales down 3.5% YoY in March

It is 4.8% lower after adjusting for price changes.

Inflation rises 1.4% YoY in March

Underlying inflation stood at 1%.

Canon Hong Kong zooms in on creators to drive growth

Cameras with vlogging functions are in demand, according to its CEO.

FEHD to auction 642 public market stalls in April

Stalls include food, electronics, and more.

More non-toy retailers use blind boxes to boost sales

Travel, food and beverage, and fashion can also benefit from a little bit of excitement.

Seven in ten ASEAN consumers purchased Hong Kong goods in 2024: survey

Consumer electronics top the list, favoured by 70% of ASEAN online shoppers.