Inside Retail Asia breaking news, supplier information, product launches and consumer campaigns within the Hong Kong retail sector.
Hong Kong Latest News - Inside Retail Asia
Renowned for being ‘the breakfast staple of Koreans’, sandwich chain Isaac Toast has just opened its second store in Hong Kong – seven months since its debut at Sha Tin’s New Town Plaza.
The Swedish retailer Ikea’s famous meatballs have gone vegetarian with a new plant-based option going on sale in Europe, and headed for Asia Pacific soon.
The popularity of e-commerce has risen in Hong Kong as a result of the coronavirus pandemic, despite the market’s long standing preference for physical stores.
Sunscreen brand Ultra Violette is to launch its Skinscreens range internationally with The Lane Crawford Joyce Group, its first retailer outside Australia.
Hong Kong designer Marie France Van Damme has launched a new online lifestyle and e-commerce platform Curated by MF.
After dismal updates from luxury goods groups this week, Richemont, the company behind Cartier could be forgiven for a 47-per-cent slump in sales in its first financial quarter.
Hong Kong jeweller Chow Tai Fook says the reopening of retail stores in Mainland China eased the company’s sales decline in the June quarter.
Swatch Group has cut about 2400 jobs, its biggest cull in at least three decades, and will trim its store network as the Swiss watchmaker recorded its first ever loss.
Beauty-products retailer Sa Sa International saw sales plunge 67.9 per cent in the June quarter due to the collapse in mainland tourist arrivals in the city.
Lush has taken a positive approach to its future in Hong Kong following the closure of its Central flagship store at the end of last month.
Bonjour CEO Cheung Ka Fai has resigned after less than two months in the role, citing “personal career development”.
Hong Kong-listed apparel retail Esprit is facing a boardroom stoush seeking the immediate removal of CEO Anders Christian Kristiansen who is leading a restructure of the long-ailing business.