Inside Retail Asia breaking news, supplier information, product launches and consumer campaigns within the Hong Kong retail sector.
Hong Kong Latest News - Inside Retail Asia
Two retailers have been arrested for trying to profit from the coronavirus crisis after spot checks by Hong Kong Customs staff.
Luxury group Ralph Lauren Corp fears the coronavirus will reduce its March-quarter sales by between US$55 million and $70 million, due to falling store footfalls in Mainland China, South Korea and Japan.
The coronavirus is driving many Asian consumers to shop online – and it could mark the early stages of a long-term fundamental shift in the region’s retail industry.
Dr Adrian Cheng has taken the helm of New World Development’s Mainland China subsidiary as executive chairman.
Frites, the Belgian-themed beer-house chain in Hong Kong has launched two new branches – in North Point and Kwun Tong – taking its store count to six.
The coronavirus outbreak is set to rob retailers of all the romance on Valentine’s Day tomorrow according to analysts from OC&C Strategy Consulting.
Deliveroo has offered support for its Hong Kong restaurant partners as many of them are suffering from coronavirus impact.
Under Armour Asia-Pacific sales surged 9.8 per cent in the December quarter – a far greater growth rate than the global 3.7 per cent.
Hong Kong restaurant sales fell 14.3 per cent in the December quarter, provisionally estimated at HKD26 billion (US$3.35 billion).
Yahoo! Hong Kong is to close its commerce operations, including Yahoo! Auctions, Yahoo! Store and Yahoo! Group Buy.
American retail property giants Simon Property Group and Taubman Centers have announced an effective merger, including the three-mall strong Taubman Asia portfolio.
International fashion lingerie and apparel label 6ixty8ight has made its debut on Shopee and SGG.com.