Hong Kong Archives - Inside Retail Asia
February saw a catastrophic collapse in Hong Kong retail sales, which slumped a massive 44 per cent year on year, the greatest fall in the city’s history.
Giordano group sales fell 11.9 per cent last year to US$624.6 million with sales at physical stores falling by 9.6 per cent and to franchisees by 24.2 per cent.
Hong Kong’s soon-to-be-completed shopping centre development The Lohas mall is having significant troubles in attracting tenants following months of unrest in the region.
Hong Kong food-delivery companies, Deliveroo and Foodpanda, have joined WWF’s Plastic Action Initiative (PACT) to help reduce single-use plastics.
Le Saunda sales slumped in the latest quarter as the Hong Kong footwear retailer slashed its store network.
Hong Kong-based apparel retailer Giordano International has voluntarily implemented a series of preventive and control measures with respect to the coronavirus outbreak, in particular in Mainland China.
British lingerie brand Janet Reger has signed a new global licensing deal with Hong Kong’s Hop Lun, one of the world’s largest lingerie and swimwear designers and producers.
Hong Kong Housing Authority (HA) has extended the 50 per cent rent cut for another six months for its retailers, following the government’s relief measure.
New World Development has sold its stakes in two Hong Kong shopping malls to rail operator MTR Corporation, with settlement due next month.
Celebrity chef Jamie Oliver’s Italian restaurant franchise Jamie’s Italian will close its locations in Hong Kong today, the chain’s last remaining overseas venues.
Focusing on a consistent and frictionless buying journey, is integral to offering consumers the experience they would expect from any modern retailer.