Hong Kong
A.S. Watson to reduce its electricity use by 30% in 2030
The retailer aims for 100% of its electricity to come from renewable sources.
A.S. Watson to reduce its electricity use by 30% in 2030
The retailer aims for 100% of its electricity to come from renewable sources.
Weekly News Wrap: Burner phone sales surge in Hong Kong's shops; Coupang surges to $109b in US debut
And US-based Gap mulls sale of its China business.
HULA to open second retail space in Hong Kong
It will feature over 500 unique designer womenswear pieces.
7-Eleven rolls out vegetarian foods with Green Monday
The new meals are made with Green Monday’s plant-based ‘OmniPork’.
Hong Kong's Fortress rolls out telecom service in 26 stores
Customers can avail for subscription to mobile operator 3 Hong Kong through the stores.
Esprit appoints Mark David Daley as CEO
The company’s board recently saw a string of resignations.
Hong Kong's retail rents to bottom out in H1 2021: report
Tourist visits are projected to rebound by 150% to around 9.8 million in 2021.
Watson Group reaches 16,000 stores in 180th anniversary
The company saw an accelerated demand for O+O experience in 2020.
Hong Kong retail sales shrink 23.1% to $26.5m in July
The retail business environment will remain very difficult in the near term, says a government spokesperson.
Hong Kong's restaurant receipts down 25.9% to $2.74b in Q2
The declines narrowed from Q1 as social distancing measures eased.
Sa Sa adopts omni-channel sales system
It can provide a channel for its consultants to make extra commissions.
Hong Kong's retail sales slip 24.8% in June
The decline softened as the local epidemic abated during the month.
Luk Fook's same store sales plunged 71% in Q1
They are planning to close five shops in Hong Kong.
Tsim Sha Tsui leads as Hong Kong's priciest retail district
The district’s diverse trade mix lends it to more sustainable rents.
Structural changes underway for Hong Kong's retail sector
Landlords are still reluctant to substantially cut rents.
Online-to-offline model gains ground in Hong Kong
The extended operating hours that the internet allows has attracted merchants towards selling online.
Hong Kong's retail sales down 32.8% to $26.8b in May
It narrowed from April following a stabilised local epidemic situation.