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

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South Korean sandwich chain Isaac Toast expands in Hong Kong

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.

Ikea expands famous meatball range to include plant-based option

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.

Covid-19 fuels breakthrough in Hong Kong e-commerce

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.

Australia’s Ultra Violette chooses Hong Kong for first offshore foray

Sunscreen brand Ultra Violette is to launch its Skinscreens range internationally with The Lane Crawford Joyce Group, its first retailer outside Australia.

Marie France Van Damme launches platform to support artisans during crisis

Hong Kong designer Marie France Van Damme has launched a new online lifestyle and e-commerce platform Curated by MF.

Richemont suffers slump in online sales

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.

Chow Tai Fook finds sales respite as Mainland China gets back to business

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 cuts 2400 jobs, speeds up Hong Kong store cull

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.

SaSa sales plunge 68 per cent due to Covid-19 freezing tourism

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 Causeway Bay

Lush calls out Hong Kong landlords after flagship shuttered

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 quits, replacement named

Bonjour CEO Cheung Ka Fai has resigned after less than two months in the role, citing “personal career development”.

Vitasoy family behind bid to oust Esprit management

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.