Hong Kong Latest News - Inside Retail Asia

Lee Garden Three boost Hysan revenue and profit

Mall owner Hysan Development has boosted turnover by 9.1 per cent to HK$2.086 billion on the back of its newest development, Lee Garden Three contributing its first full accounting period.

Swarovski sorry for ‘misleading’ communication on Chinese sovereignty

Jewellery retailer Swarovski has issued a sweeping apology over implying that Hong Kong is not part of China.

Falling spend by mainland Chinese dent Sogo department store sales

Sogo department store parent Lifestyle International has been impacted by falling spending by mainland Chinese visitors and the early stages of the extradition bill protests.

Tokyo restaurant Kikanbo opens first Hong Kong restaurant

Tokyo restaurant Kikanbo is to open its first Hong Kong restaurant in Causeway Bay.

Trade war, climate erode first-half Giordano sales

The China-US trade war and an unseasonably warm winter have been blamed for Giordano sales falling 11 per cent in the first half of the year.

Taiwanese bubble-tea brands caught in Hong Kong protest backlash

Internet users on the Chinese mainland have blacklisted popular Taiwanese bubble-tea brands after a Hong Kong franchise urged solidarity with protesters.

JD boosts stake in Tiki Vietnam

Chinese online giant JD has become the largest shareholder in e-commerce platform Tiki Vietnam.

Times Square and Harbour City hit by ‘perfect storm’

The parent company of Times Square and Harbour City says business for its retail tenants has become more difficult in the wake of ongoing protests and the China-US trade war.

LF Products relaunches as Living Style Group

Fung Group subsidiary LF Products will rebrand itself as Living Style Group.

Fung Group sells Guangzhou Circle K network

Fung Group has sold its Guangzhou Circle K-store network to Chinese retailer Suning for an undisclosed sum.

Jack Wills sold; Hong Kong stores closed

Struggling UK fashion chain Jack Wills has been bought by Sports Direct for £12.75 million after being placed in administration.

Hong Kong protests: Monday marks retailers’ worst day yet

Hong Kong protests ramped up on Monday, making for retailers worst day yet as the tumult enters its third month.

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