Hong Kong
9 in 10 restaurants rely on delivery platforms for revenue during key events
87% expect delivery services to remain important to their business.
9 in 10 restaurants rely on delivery platforms for revenue during key events
87% expect delivery services to remain important to their business.
Hong Kong’s K11 MUSEA bridges art, culture, and retail
Visitors find top-tier brands and museum-grade art pieces at the cultural-retail landmark.
HK retail sales to decline 6% in 2024
The only sector anticipated to see growth is medicines and cosmetics.
JY Group acquires 50% stake in Northern Sydney Mall for $707.79 m
It has benefitted from a $444.02m capital investment completed in 2016.
Deliveroo opens new grocery hub in Tsim Sha Tsui
It aims to meet the rising demand for grocery delivery amongst city professionals.
Hong Kong’s retail market contracts as locals travel abroad
Total retail sales value fell 11.8% to $29.1b in July.
Adrian Cheng resigns as CEO of New World Development
Ma Siu-Cheung will assume his role.
Luxury brands set to double retail space at K11 Musea
This expansion capitalises on the prime location and increasing foot traffic of K11 Musea.
Paul Smith’s ‘Bar Paul’ to debut in Hong Kong
The opening will be complemented by its Stripe Illuminated installation.
42% of e-commerce purchases in Hong Kong made via alternative payments
The e-commerce market in the region grew by 10.5% last year.
Why did Hong Kong retail sales fall after a strong rebound?
Retail sales initially surged following Hong Kong’s border reopening in January 2023.
bonaqua from Coca-Cola Hong Kong triumphs at FMCG Asia Awards
Its revolutionary sustainably package water products proved to be above the rest.
Hong Kong retail sales fall 9.7% in June
This is mainly due to the changing consumption patterns amongst visitors and residents.
6 in 10 HK restaurants expect increased takeaway orders amidst summer heat
About 94% of restaurants view food delivery platforms as crucial.
Sotheby’s opens new maison in Hong Kong
It features immersive exhibitions and retail across art, luxury, and collectibles.
Industry giants call for global QR code adoption
They aim to achieve widespread adoption of QR Codes with GS1 standards by the end of 2027.
DFI Retail Group's yuu named Retail App of the Year - Hong Kong at Retail Asia Awards 2024
Hong Kong’s No.1 Loyalty Programme’s* success stems from its diverse partners, exceptional customer experience and dedication to innovation.
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Filipino shoppers still prefer bricks over clicks
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Eight in 10 consumers are more likely to buy after seeing or trying a product in person.
Eight in 10 consumers are more likely to buy after seeing or trying a product in person.
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Most Read
1. 4 key trends that will shape food and drink industry by 2025 2. Starbucks Korea opens high-tech store in Seoul 3. Domino’s Pizza CEO Don Meij to retire after 40 years with the company 4. Baby boomers drive growth in healthy ageing skincare market 5. Estée Lauder appoints Stéphane de La Faverie as new CEOAwards
Nov
19
Commentary
Why micro-retail is the way to go to reach Southeast Asian shoppers