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China

China Tourism aims for $2-3 billion Hong Kong listing – sources

China Tourism aims for $2-3 billion Hong Kong listing – sources

China Tourism Group Duty Free Corp Ltd is aiming to raise US$2-3 billion in a Hong Kong secondary listing, two people with direct knowledge of the matter told Reuters. The company lodged updated filings wit...
Mulberry records double-digit sales growth driven by Asia Pacific
Luk Fook to add 500 stores this year and expand online
Nike forecasts downbeat quarterly revenue on lingering China worries
L’Occitane thrives despite ‘turbulent environment’, Russian exit

China Archives

H&M closes Shanghai flagship, hurt by lockdowns and consumer backlash

Swedish brand had more than 500 stores in Mainland China early last year but its website currently only lists 376.

Oriental Watch bullish as sales, profit rise despite Covid impact

While the pandemic continues to disrupt Hong Kong retail trade and restrict border movement, sales of luxury watches are...

Inside Penfolds’ ‘space-capsule’ pop-ups taking off across Southeast Asia

The ‘Terminal 1844’ pop-ups will feature wine tastings, dance performances, and interactive activities, and will be them...

Pop Mart opens in luxury California mall in US pop-up debut

The launch is part of its strategy to broaden the offline channel after its recent Europe and New Zealand debuts.

Jeweller Tse Sui Luen returns to profit after targeting younger consumers

Chairman Annie Yau said Covid had caused “unprecedented challenges" to its Hong Kong business operations due to multiple...