Inside Retail Asia breaking news, supplier information, product launches and consumer campaigns within the Hong Kong retail sector.
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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.
Swindon Book Co, one of the oldest bookstores in Hong Kong, will be permanently closed at the end of this month.
Chinese buyers on the mainland and in Hong Kong have steadily migrated towards e-commerce in the midst of the continuing coronavirus pandemic, communicating with businesses via social media or digital channels and remaining focused on “value for money”.
High class Malaysian jeweller Aurora Italia International will extend its e-commerce efforts to build sales growth in the coming year.
Brooks Brothers has received a bid backed by Authentic Brands Group and mall owner Simon Property to buy the bankrupt clothing chain.
Global consumers are still planning on doing their holiday shopping this year – regardless of a widespread drop in personal income caused by the coronavirus pandemic – with Chinese shoppers in particular planning on high levels of spending.