Retail
Hong Kong no longer the go-to place for cheaper luxury items: CLSA
Hong Kong no longer the go-to place for cheaper luxury items: CLSA
A Louis Vuitton Speedy 30 bag is now 20% cheaper in Japan.
Hong Kong's July retail sales down 2.8% to $37.6b
Again, visitor spending was weak.
Check out these charts showing rich Chinese vs HK shoppers' priority shopping list
Hong Kongers prefer to go big on travel categories.
Li & Fung 1H15 profit slides 19.7% to $182m
Moody's says no ratings impact, however.
Barclays slashes Li & Fung's operating profit estimate by a hefty 21-24%
Is the firm's huge 1H15 miss a reason for this?
Closing of DSC stores a shock to already troubled retail sector
Are the warning signs being heeded?
Hong Kong's SMEs still haunted by pessimistic business outlook
Despite sales outlook's slight improvement.
Retail sales, street shop rents in Hong Kong spiral down
Even hotel occupancy rates have been sinking.
Street shop rents hurt most by retail downturn
Landlords face tougher battles.
Sa Sa's 1H15 earnings feared to tumble by over 24%
No thanks to intensified competition.
Sa Sa develops online strategy to convert offline shoppers
Offering the company a chance to diversify.
Hong Kong is losing the retail game to "new TST" with mainlanders
Sales are sorely suffering.
Hong Kong retail sales down 0.1% y/y by value in May at HK$39.0bn
It's much better compared with April.
Le Slip Francais brings its fun and authentic French brand in Asia
And Hong Kong is its new home.
Hong Kong's retail sector predicted to grow a wee 1% this year
Analysts turn their eyes on local spending to save the situation.
Overall retail sales dipped 2.9% y/y in March
Worse compared with Jan-Feb decline.
Sa Sa's 4Q FY15 Hong Kong and Macau sales down 2.4% y/y
1Q FY16 sales were also disappointing.
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