Retail
Strong HKD remains a key challenge for retailers
The RMB has fallen 12% against the HKD since Aug 2013.
Retail sales plummet to a 17-year low in 2016
But there are signs of stabilisation in some sectors.
Hong Kong retail sector to benefit from mainland luxury market's first sign of recovery in 3 years
Find out what the other indicators are.
Hong Kongers' consumer confidence likely to bottom out
Index closed at 93 in 2016.
Only 2% of Hong Kong millenials are 'devoted' to their favourite retailers
3 in 5 would buy more if brands were better at communicating with them.
Luxury spending in China beginning to recover
Thanks to consumers bringing back overseas spending.
Uptrend in tourist arrivals boost luxury goods sales
Value sales rose 2.3% in December.
Retail spending drops to 17-year low
No thanks to weakened yuan.
Hong Kong's retail sales value down 2.9%
Overall sales now at $42.4b.
Nine Dragons Paper Holdings expects profit to rise at least 45%
What could be behind the rise?
4 new trends to watch out for in Hong Kong's retail sector
80% of retailers will have additional entertainment element.
Luxury watch and jewellery retailers on Russell Street in Causeway Bay down 20%
These shops account for just 43% of all shops leased.
Hong Kong plans underground shopping streets
These will be developed in Kai Tak.
Blanc des Vosges is providing French luxury in Hong Kong
The company draws a wealth of experience from multiple generations.
Total retail sales down 8.9% in the first 10 months of 2016
No thanks to the 8.2% drop in Mainland visitor arrivals.
Sales of luxury goods plunged 19.7%
No thanks to the consistently dropping arrivals from mainland.
Read Here
Advertise
Sign Up
Commentary
Progressive rating system to impact mid-to-luxury residential properties in Hong Kong