Hong Kong Latest News - Inside Retail Asia
6ixty8ight makes Japanese debut with online launch
Hong Kong lingerie brand 6ixty8ight marks its Japanese debut on June 20 by launching an e-commerce store.
Dairy Farm launches new Market Place store in Hong Kong
Dairy Farm launched its new Market Place fresh food and grocery store at Hong Kong’s Langham Place shopping centre today.
Apparel retailer Bossini reveals customer data hack
Hong Kong-based apparel retailer Bossini says its database of loyalty programme members and online customers was hacked earlier this month.
Loss-making Sa Sa will continue to cull stores if landlords won’t compromise
Beauty-products retailer Sa Sa International says it will continue to renegotiate rents and quit locations where it cannot get satisfactory rent reductions.
Struggling Bossini issues another profit warning
Troubled apparel retailer Bossini has issued another profit warning after reviewing 11 months of its trading year.
Hong Kong Airport extends relief to retail tenants
Hong Kong airport is extending its relief package to tenants and other stakeholders in recognition of the prolonged impact of the coronavirus pandemic.
Oriental Watch issues profit warning
Slow-moving stock and falling sales due to the Covid-19 pandemic have prompted listed Hong Kong timepiece retailer Oriental Watch to issue a profit warning.
Hongkong Land unveils premium food hall concept BaseHall in Central
Property company Hongkong Land has unveiled a new premium food hall concept BaseHall at Jardine House, in Hong Kong’s Central district.
Online move limits damage to Cafe de Coral Group’s sales
Listed Hong Kong restaurant and catering operator Cafe de Coral Group managed to minimise the impact on sales during Covid-19 social-distancing restrictions by expanding its online and delivery operations.
Link secures sustainability-linked loan from Hong Kong bank
Link Asset Management has secured a five-year sustainability-linked loan of HKD$1 billion from Hong Kong’s OCBC Bank, its first such loan in HKD.
Lululemon: the great survivor of Covid-19
Lululemon has emerged from the Covid-19 crisis as one of its greatest retail survivors, posting an operating surplus in the first quarter while almost all of its apparel contemporaries were bleeding red ink.
Guess Asia sales improve, but store closures loom
Guess Asia sales are recovering post Covid-19, but the company will be exiting some stores in the region when leases come up for renewal, as part of a worldwide network trim of 100 outlets.