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
Yum China – the operator of KFC, Pizza Hut, Taco Bell and local restaurant chains – is reportedly preparing to list on the Hong Kong stock exchange as early as next month.
Thailand’s largest private company, Charoen Pokphand Group, says it will buy Hong Kong-based e-commerce platform Chilindo for US$18 million.
Hong Kong-based DTC shoe wear start-up Lane Eight, has just released an all sustainable workout shoe range.
Hong Kong’s Fashion Walk has launched a pop-up store concept in collaboration with the lifestyle brand Asian Gold.
US apparel firm VF Corp has appointed Winnie Ma as its new president for Greater China.
In partnership with Boutir, SaSa has set up personal online stores for its beauty consultants to provide a new sales channel for customer-facing staff.
Hong Kong-headquartered fashion retailer I.T Limited says its sales have fallen in all of its markets, with the US and Japan the worst affected.
Bonjour Holdings has warned of a loss as high as US$12 million for the half year to June as it weighs the impact of protest activity and the Covid-19-driven lockdown of the border with Mainland China.
Hong Kong retail sales in June slumped by 24.8 per cent to US$3.42 billion as the territory’s borders remained all but closed to tourists due to the Covid-19 pandemic.
Declining health-and-beauty and convenience-store sales and a subdued Maxim’s food business took the shine off Dairy Farm Group’s first half year.
Health and beauty retailer AS Watson has opened up its Moneyback loyalty programme to help retailers in Hong Kong promote their businesses for free in preparation for an easing in the coronavirus pandemic.
Hong Kong’s Dairy Farm Group and partners Jardine Restaurant Group and Hang Seng Bank have launched a loyalty programme covering more than 10 retail brands, called Yuu Rewards.