Inside Retail Asia breaking news, supplier information, product launches and consumer campaigns within the Hong Kong retail sector.
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Burberry Hong Kong has reported a heavy sales fall – the only dark spot on a solid quarter for the British luxury fashion retailer.
Kelsey Ryan of Dezan Shira & Associates offers advice on the power of WeChat for retailers and other companies doing business in China.
David Morris Hong Kong is to open its second store at the end of July.
Jeweller Chow Tai Fook says same store sales in Hong Kong and Macau fell by 24 per cent in the June quarter.
As the world’s fourth largest economy emerges from depression, global retailers are again taking Japan seriously. Over almost the last decade, Japan has been overlooked as a first priority market for the expansion of fashion brands. But now it is back with a vengeance and retailers are flooding to the market to boost their presence there. Until last year the world’s second biggest luxury market, Japan has suffered in recent years from a stagnant economy, highly valued currency and one …
China founded Jia Plus Taiwan has opened its first retail store, in Suzhou.
Government figures for Hong Kong retail sales in May suggest the worst of the tumult appears to be over. The total value of retail sales in May 2015, provisionally estimated at HK$39 billion, edged down by 0.1 per cent compared with the same month in 2014. The revised estimate of the value of total retail sales in April 2015 decreased by 2.1 per cent compared with a year earlier. For the first five months of 2015, the value of total retail sales decreased by 1.8 per cent compared with the …
Hong Kong beauty products retailer Sa Sa believes Sasa.com and O2O represent huge opportunities in the tight retail climate.
Standard Chartered Private Equity has invested in Crystal Jade Group to help Louis Vuitton accelerate the restaurant group’s Asian expansion.
Hong Kong jeweller Luk Fook says its focus on gem-set jewellery has paid off as higher margins minimised the profit hit from declining sales.
Wangfujing Department Store, Bailian Group and Li & Fung plan to launch a 300-strong chain of retail stores in China in a three-way joint venture.
Hong Kong menswear retailer Trinity has warned it expects to post a loss in the half year to June due to a tight retail market in mainland China and falling visitor numbers in Hong Kong and Macau.