Inside Retail Asia breaking news, supplier information, product launches and consumer campaigns within the Hong Kong retail sector.

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Second store for David Morris Hong Kong

David Morris Hong Kong is to open its second store at the end of July.

Chow Tai Fook sales plummet

Jeweller Chow Tai Fook says same store sales in Hong Kong and Macau fell by 24 per cent in the June quarter.

Japan retail rebounds

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 …

Jia Plus Taiwan opens in Suzhou

China founded Jia Plus Taiwan has opened its first retail store, in Suzhou.

Hong Kong retail sales stabilise

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 …

Sasa.com set to flourish

Hong Kong beauty products retailer Sa Sa believes Sasa.com and O2O represent huge opportunities in the tight retail climate.

PE invests in Crystal Jade expansion

Standard Chartered Private Equity has invested in Crystal Jade Group to help Louis Vuitton accelerate the restaurant group’s Asian expansion.

Luk Fook’s gem-set focus pays off

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, Bailian to launch 300 store China chain

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.

Trinity warns of looming loss

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.

Oriental Watch profit plummets

Listed retailer Oriental Watch Holdings says its net profit fell 78 per cent in the year to March.

Tangshan malls to open in spring

T Commercial Real Estate is seeking tenants for the shopping malls of its large-scale commercial and residential project in Tangshan Lerthai City, China.