Retail
Retail sales up 12.9% to $40.5b in May
Retail sales up 12.9% to $40.5b in May
The retail boost comes from strong tourist arrivals in recent months.
Recovering tourism breathes life into retail as sales expected to hit $484b in 2018
Sustained growth may buoy the market to exceed the 2013 peak in two years time.
Retail sales up 12.3% to $39.5b in April as tourism strengthens
Tourist arrivals posted double digit growth after rising 11% in April.
Retailers ramp up street shop leasing activity in April as sales recover
Major shopping centres posted as much as 10% boost in sales performance.
Will Hong Kong's shopping boom meet another devastating end?
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
The marginal growth represents the first quarterly expansion in four years.
Retail sales value up 11.4% to $39.8b in March
Sales of jewellery, watches, clocks and valuable gifts led the charge.
Mercedes-Benz unveils boutique retail store in Central
‘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
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
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
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.
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