Retail
Retail sales growth to slip 10% amid global lull
High-end luxury products gained only 3.1% sales growth.
Credit card receivables rise 3.2% to HK$98.7
This is after decreasing 4.8% in the previous quarter, the Monetary Authority said.
H&M refuses rent increase
Swedish retail clothing company H & M Hennes & Mauritz AB will shutter its flagship store in Hong Kong due to an increase in rent.
Decrease in retail sales expected
Retail sales in Hong Kong are projected to fall for the rest of the year following an 11% increase in value in June.
February a good month for retail
Total retail sales volume for February less the effects of inflation rose 10% compared to the same month a year earlier.
“Ganbei!” to Jackie Chan Moutai
But does it have a kick like its namesake?
Hong Kong will top the world in retail rents
Hong Kong’s Causeway Bay is now the second most expensive shopping district in the world, behind New York’s Fifth Avenue and ahead of Tokyo’s Ginza...
Fung buys French high-fashion house, Sonia Rykiel
Sonia Rykiel, one of the last family-owned French luxury brands founded by one of the world’s 10 most elegant women, has severed its continental...
Graff Diamonds to open second Hong Kong branch
More IPO glitter comes to Hong Kong.
Houston and Hong Kong look to more trade
Hong Kong and the largest port city and city in Texas have a lot in common.
HSBC continues retail banking restructuring
The banking giant sells off four units in just two days.
A premium brand backed by history and tradition
For over more than a century, RIMOWA’s products have had a special status in the sector. It is one of the few manufacturers producing luggage in...
How the ‘lion rock spirit’ has propelled Sa Sa International into a Hong Kong Legend
Hard work, endurance, and not giving up easily are the words to live by for Dr Simon Kwok, who, together with his wife Dr Eleanor Kwok, founded Sa Sa...
Extended dry spell for Chinese grocery retailers
Another quarter of weak sales foreseen after six months of hardship with recovery likely to start only by 2Q12.
Asia’s retail and consumer industry maintains growth momentum
Online retailing to experience phenomenal growth during forecast period to 2015 amid global economic uncertainty.
3D-GOLD Jewellery and Bank of Beijing join forces
Hong Kong Resources Holdings Company Limited (“HKRH”) is pleased to announce that 3D-GOLD Jewellery has signed a cooperative agreement with the Bank...
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