Retail
Prepare to go cashless or pay the price
One in three consumers will abandon a purchase if they cannot pay for it digitally.
Prepare to go cashless or pay the price
One in three consumers will abandon a purchase if they cannot pay for it digitally.
Retail sales drop 14.6% YoY in February 2022
The tightened measures against COVID-19 weakened consumption sentiment.
Retail sales value up by 4.1% in January
The growth, however, was lower than the December 2021 record of 6.1%.
Here's why 2022 is going to be a ‘slightly’ worse year for retail in HK
Retail sales growth is expected to be lower in 2022 at 7%.
Growth in retail sales to crash to 0% in 2022 if…
In 2021, the growth in retail sales was 8.1%.
Hong Kong retail sales up 8.1% to $353b in 2021
The retail sales value, however, was 27.3% below the 2018 level.
China, Hong Kong share of sales in top 100 luxury goods rises to 8.9%
Chow Tai Fook Jewelry Group from China/HK SAR was amongst the top 10 companies.
Should Hong Kong’s brick-and-mortar retailers ride the e-commerce wave?
Surprisingly, retailers will need to cater more to the 62.1% of Hong Kongers who prefer to shop in-store.
Israel and Hong Kong forge fertile business bonds
The Head of Economic and Commercial Mission for the Consulate General of Israel says several of its companies are keen on entering the Hong Kong...
Retail sales jump 12% YoY to $30.7b in October
A government spokesman attributed the increase to entrenched economic recovery.
Why are locals choosing to buy second-hand items
Carousell said 85% of its HK users have made secondhand purchases in the past.
State of the real estate: How the property market performed in October
Knight Frank cited trends that affected the performance of the market.
SME business receipts diffusion index dips to 46.7 in October
The current DI is also lower than the November estimate of 49.7.
Link REIT to buy 50% interests in 3 Sydney malls for $398.16m
The HK-listed REIT said the acquisition will be funded by cash and debt.
Opening of China border to impact HK’s retail market
Some retailers already saw an uptick in share prices.
How evolving digital economy transforms HK's 'most exciting' industries
PwC and InvestHK report details the role of digital in HK’s e-commerce.
Patek Philippe introduces three new chronograph models
The manufacturer unveiled three variations of the 5204, 5905, and 5930 models that illustrate its expertise in the field of complications.
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