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

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How e-ang bao and digital gold are modernising traditional gifts

Gifts of money are born of a tradition dating back centuries, progressing from Imperial Chinese gold coins to paper notes and now virtual gold.

Coronavirus: ‘severe’ impact looms for Asian travel-retail sector

Asian travel-retail sales in Hong Kong and globally are expected to be heavily impacted by the growing coronavirus crisis.

Giordano issues profit warning

Giordano International expects profit attributable to shareholders to fall by about 38 per cent for the December year, based on a preliminary review of accounts.

Retailers across Asia brace for Coronavirus impact as death toll mounts

As health authorities across Asia struggle to assess the severity and impact of the deadly Coronavirus, hundreds of stores have closed in Mainland China.

Burberry bullish despite Hong Kong sales collapsing

Burberry sales slumped by half in Hong Kong in the third quarter – but the British luxury-fashion label is lifting its full-year forecast as revenue elsewhere compensates.

Hugo Boss sales soar in China and online

Fashion label Hugo Boss has reported a staggering 52-per-cent leap in online sales which helped drive a 9 per cent boost in operating profit.

Beauty&You by The Shilla Duty Free kicks off Lunar New Year

Travel retail concept Beauty&You by The Shilla Duty Free is celebrating the Year of the Rat at Hong Kong International Airport with an array of Lunar New Year offers until the end of February.

Key Esprit hire quits after just one year in the role

A key executive hired as part of fashion label Esprit Holdings’ turnaround plan has quit unexpectedly after just one year in the role.

‘Jeweller to the stars’ Mouawad eyes Asian rollout

Dubai- and Geneva-headquartered Mouawad Group – dubbed jewellers to the stars – is planning to open stores across Asia.

Hong Kong restaurants bounce back in final quarter of 2019

Hong Kong restaurants appear to have shrugged off the worst of the impact from the city’s social unrest in the final quarter of last year,

Luk Fook upbeat despite plans to trim Hong Kong store network

Hong Kong-headquartered Luk Fook group has followed its archrival Chow Tai Fook in revealing plans to shutter stores in the territory’s tourist areas.

Watsons China launches WeChat Work and Cloud stores

Health-and-beauty retailer Watsons has partnered with Tencent’s WeChat Work platform to establish an online presence and launch cloud-based WeChat stores this quarter.