Retail
Extended dry spell for Chinese grocery retailers
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...
AEON Stores’ Kowloon flagship store opens in Lai Chi Kok
The store becomes the largest GMS in Kowloon and the new territories.
Total receipts in retail trade reach $359.5b
Gross surplus increased to $32.6 billion in 2010.
FreshKon Airis 1-Month contact lenses recalled for silicon oil residue
The Department of Health endorsed the recall of another contact lens product, FreshKon Airis 1-Month contact lenses, by its local distributor Oculus...
Shop raided for misrepresenting chilled meat as fresh meat
The Food and Environmental Hygiene Department raided a fresh provision shop in Ngau Chi Wan, Wong Tai Sin, which has been complained of for selling...
DoH warns against slimming products with banned and undeclared ingredients
The Department of Health has again appealed to members of the public not to buy or consume slimming products of unknown or doubtful composition as...
Ka-ching!: Retail sales in September up 24.1%
The volume of sales of electrical goods and photographic equipment increased the most with 33% growth.
Lunar New Year fair stalls to open for auctioning
1,171 wet goods stalls, 817 dry goods stalls, eight thematic stalls and 16 fast food stalls will be put up for auction.
HKRH’s retail sales under 3D-GOLD Brand surged 113% during the National Day Golden Week Holiday
Sales of 3D-GOLD’s self operated and franchised shops in China soared 115%.
Proprietary Chinese medicine tainted with western drugs recalled
The Department of Health ordered a licensed proprietary Chinese medicine importer and wholesaler, Ocean Pharmaceutical Limited, to recall its product...
August retail sales up 29%
But volume of sales of furniture and fixtures fell 1.8%.
Fancy some wine? Apparently not
For the first time in almost 20 sales Sotheby’s was left with one bottle too many of Chateau Lafite Rothschild after failing to attract buyers.
Safety standards for toys and children's products to be updated
The Government has proposed the adoption of the latest safety standards promulgated by the relevant standards institutions for toys and eight types...
Hong Kong takes a bite of Apple
Apple opened its first store in Hong Kong amidst growth of retail sales driven by spending from visiting Mainlanders.
Active Group begins HKSE Main Board IPO
The group targets to raise HK$549mn from 300mn shares ranging from HK$1.20 to HK$1.83 per share.
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Commentary
Progressive rating system to impact mid-to-luxury residential properties in Hong Kong