Retail
Retail demand recovers in Q1 as brands ramp up leasing activity
Retailers took advantage of affordable rents which are only recovering from a protracted decline.
Retail demand recovers in Q1 as brands ramp up leasing activity
Retailers took advantage of affordable rents which are only recovering from a protracted decline.
Retail sales surge 29.8% to $45.2b in February
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
Rising borrowing costs is pushing the brakes on passenger car sales.
Retail sales up 4.1% to $44.9b in January
Consumer sentiment rose despite difference in the timing of the Chinese New Year.
Omnichannel may just be Hong Kong retail's saving grace
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
However, if retailers want to stay afloat, they should look for revenue sources other than mainland tourism.
Battered retail sector gains its footing as sales may hit $480b in 2018
The sector is poised for a rebound following a bullish global economic outlook.
Online Apparel Brand GRANA Secures Undisclosed Financing from STI Group
Total funding is now at US$16M.
The changing face of Hong Kong's retail
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
Medicine and cosmetics rose 12.5%.
2 in 5 Hong Kongers are likely to make online purchases on Singles' Day
It’s Hong Kong’s top online shopping festival.
Battered retail sector may recover in 2018 but outlook remains negative: Fitch
Tourist arrivals are recovering after a two-year decline.
Community malls fare better than luxury counterparts amidst retail slump
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
It's amongst the three sectors that survived the retail slump.
Retail sector recovers slightly as rents in core areas stabilise
Higher tourist arrivals contributed to the gradual normalisation.
Retail sales up 3.9% to $37.5b in October
Thanks to the ongoing recovery of inbound tourism.
Facebook and WhatsApp top Hong Kong's social commerce platforms
Two thirds of e-commerce players use these online channels.
Read Here
Advertise
Sign Up
Commentary
Transforming Hong Kong into a climate tech powerhouse