Hong Kong retail sales
More non-toy retailers use blind boxes to boost sales
More non-toy retailers use blind boxes to boost sales
Travel, food and beverage, and fashion can also benefit from a little bit of excitement.
Tourists stabilise HK’s F&B sector amidst retail sales decline: CBRE
Total restaurant receipts declined by just 0.3% year-on-year in the first three quarters of 2024.
Retail sales drop by 7.3% YoY in November 2024
Online sales accounted for 9.3% of the total, a 7% year-on-year decrease.
Retail sales value fall to $29.6b in September
Most retail outlet types recorded a sales decline.
Retail sales value fall 9.7% YoY to $29.9b in June
The government attributed the decline to changing consumption patterns.
Retail sales value plummets 14.7% in April amidst the Easter holidays
Only one retail outlet type recorded an increase in sales.
Three sub-sectors to drive HK's retail growth in 2024
PwC Hong Kong anticipates a 5% increase in retail sales.
Retail sales value jumps 7% YoY in January
The total value stood at $36.2b.
Hong Kong retail sales to climb by 13% in 2023: report
It is projected to amount to HK$395b (approximately US$50.3b).
Hong Kong retail market momentum depends on full border reopening
Retail sales for the first nine months slightly dipped by 1.3% YoY.
Retail sales value slightly dips by 0.1% YoY in August
The total value stood at $28.6b.
Value of total retail sales jumps 4.1% YoY to $28.3b in July
Online retail accounted for 7.9% of the total sales.
Hong Kong retail sales likely to reach $370b in 2022
This reflected a 5% year-on-year growth.
Retail sales drop 13.8% YoY in March
The local epidemic situation dampened consumption confidence.
Commentary
Why the impact of AI is being underestimated and how it will transform business productivity in Hong Kong
The strategic decarbonisation model for Hong Kong real estate
The survival playbook for the CEO amidst geopolitical conflicts