Retail
Retail sales up 13% YoY to $31.8b in September
Retail sales up 13% YoY to $31.8b in September
Online retail sales accounted for 11% of the total value.
Unit sales of tech and durables market drop 7% YoY in 1H23
Across subsegments, IT recorded the biggest drop in value USD terms, falling -22%.
Retail sales up 13.7% YoY to $32.4b in August
The sector will continue to benefit from the growth of inbound tourism.
UK’s Berkley Group to run first-of-its-kind pop-up retail experience in HK
The pop-up will run for five weeks.
Brands that act with empathy win trust of Hong Kong consumers
An IPSOS report showed that consumers’ trust towards businesses has been eroding.
Brands that act with empathy win trust of Hong Kong consumers
An IPSOS report showed that consumers’ trust towards businesses has been eroding.
Loyalty programmes are more popular with Gen Zs and Millennials
The lowest interest is from Baby Boomers.
HK investors favour retail properties
There were more larger sum of transactions generated in August 2023.
3 key elements that fuel branded mobile app effectiveness
By introducing a shopping credit in its mobile app, a retailer saw a 500% growth in sales.
Online wholesale marketplace Markato enters Hong Kong
The startup enables a one-stop shop for retailers and buyers.
Around 9 in 10 people in Hong Kong would buy engagement ring locally
Preference for a more glamorous wedding is now back.
Retail sales to grow 17% YoY in 2023 – PwC
This is equivalent to HK$408b.
Retail sales value jumps 19.6% YoY in June
The total value stood at $33.1b.
Retail property market sees significant boost in 1H23
As of end June, rents of High Street shops rebounded 8.2%.
Get to know the Top 7 Tailors in Hong Kong
Hong Kong is recognised as a world-renowned tailoring mecca. Here are the most established shops that have been around for ages.
Retail sales value jumps 18.4% YoY in May
The total value stood at $34.5b.
Patek Philippe has inaugurated the grand exhibition “Watch Art” Tokyo 2023
The exhibition is open from 10 to 25 June 2023.
Read Here
Advertise
Sign Up
Commentary
Progressive rating system to impact mid-to-luxury residential properties in Hong Kong