Retail
Large-scale retailers take advantage of Hong Kong's prime office shopping boom
Large-scale retailers take advantage of Hong Kong's prime office shopping boom
Recent woes in the retail sector made landlords increasingly open to different concepts.
Hong Kong retail sales to dip 5% in 2019: PwC
Consumer experience is key to combat sales slump as tourist arrivals slow.
Retail sales down 1.3% to $40b in May
This was blamed on the late arrival of the Labour Day holidays on Mainland.
Retail sales slipped 4.5% in April
Sales of jewellery, watches and luxury goods sector fell 11.4%.
Retail sales volumes dipped 0.8% in March
Upgrades in transportation links may not be strong enough to offset visitors' weakening purchasing sentiments.
China-specific Pitfalls and Mitigation Strategies in Procurement Transformation
By Wen CHEN, Principal at Oliver Wyman
Retail sales dropped 10.1% in February
Consumer durable goods led the outlet-wide declines at 18.4%.
Retail sales dipped 1.6% in January-February
Customers chose to spend their dollars abroad than locally.
Retail sales up 7.1% to $48.1m in January
Sales at department stores and F&B outlets rose 15.1% and 13% respectively.
Retail sales reverse slowdown with 7.1% gain in January
The earlier arrival of the Lunar New year boosted sales growth.
Retail sales growth falls to 18-month low at $44.9b in December
Buying sentiment remained cautious.
Retail rents to remain flat in 2019 amidst economic headwinds
F&B and healthcare sectors will provide key support to the retail leasing market.
Baby Basics aims to be a one-stop online portal for all your infant essentials
It also unveiled its physical store in Lansing House following a positive online response.
Retail sales slow 1.4% to $39.2b in November
Buying sentiment has soured in response to economic uncertainties.
Prime street shop rents to fall by at least 5% in 2019
The weak renminbi and stock market are to blame.
Retail sales reverse September slowdown to hit $39.7b in October
The faster increase in visitor arrivals boosted purchases.
Retail rents in Causeway Bay are the world's most expensive
Leasing costs are at a whopping $2,671 sqft/per year.
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