Retail

Gen Zs taking over consumer preferences in APAC markets

Gen Z consumers are observed to purchase based on pleasure and purpose, whilst also taking into account cost and convenience.

Wellness products key to thriving in Hong Kong's pet economy

In SHOPLINE, probiotics and crocodile meat supplements emerged as top pet products.

Retail sales value plummets 14.7% in April amidst the Easter holidays

Only one retail outlet type recorded an increase in sales.

Retail rents under pressure as sales dip in May

Prime retail street rents, however, have gained momentum.

Source Green’s bespoke and off-the-shelf solutions propel firms away from plastic packaging

F&B firms can source packaging made from wheat bran, bagasse, and areca palm.

Retail sales value dip by 7% MoM to $31.2b in March

Amongst retail outlets, "jewellery, watches and clocks, and valuable gifts" recorded the steepest decline.

Pet economy to boom, reaching $2.7t by 2027

SHOPLINE merchants specialising in pet products grew 27.9%.

Delta Global partners with HK leaders on sustainable retail

Hong Kong consumers' environmental awareness has only increased by 25% over the past two years.   Luxury sustainable packaging expert Delta Global has...

Patek Philippe Salons exhibit largest “Rare Handcrafts” collection

Discover the new Patek Philippe “Rare Handcrafts 2024” collection, with a total of 82 timepieces combining technical prowess with unlimited creativity...

Local spending trends cast a shadow on Hong Kong retail rent growth

High street rents in retail areas grew modestly in 1Q24, by 0% to 1% QoQ.

Reliance on third-party data may affect competitiveness: report

Seven in 10 brands heavily rely on third-party data.

NWD taps Visa to enhance loyalty rewards under the K Dollar Program

Customers can now instantly earn loyalty rewards through the K11 HK app.

Gov’t sets up 'Silver Economy' panel

The panel will explore the economic potential of Hong Kong's growing elderly population.

Why Hong Kong's retail sector may face talent shortage in 2024

Employee expectations to contribute to manpower crunch in the industry.