Hong Kong

The growth of wearable technologies is set to revolutionise the way people connect through smart devices, which will also greatly impact the fashion industry. According to a study by Allied Market Research, the wearable technology market was valued at US$19.6 billion in 2015, growing at a CAGR of 16.2% to reach US$57.7 billion by 2022. The forecast highlights the sector’s potential to boost the overall fashion industry.

The inaugural Hong Kong Sports and Leisure Expo will be held from 21 to 25 July at the Hong Kong Convention and Exhibition Centre.

Online fashion communication hub Fashionally will set up a pop-up store from 8 to 21 June to promote local fashion brands at designer boutique Wagamama Playground in Causeway Bay in Hong Kong.

Leading multinational healthcare company Johnson & Johnson announced on Mar 14 that it has appointed DKSH Business Unit Healthcare, a leading market expansion services provider for healthcare companies seeking to grow their business in Asia, to grow its consumer health business in Hong Kong.

As summer gives way to autumn, Hong Kong's retail industry continues to grapple with one of the worst downturns in recent years, and many will be eyeing the end-of-year holiday season and hoping for a change in fortunes for the sector, according to Helen Wong, director, Partner & Product Strategy Asia-Pacic, Verizon Enterprise Solutions.

Growth via the F&B sector is in store for Hong Kong’s emerging districts, said a report published by real estate services provider CBRE. Called Hunger for growth — Unlocking opportunities in food and beverage retail, the report highlights how Hong Kong’s F&B sector has remained resilient despite the weak overall retail market. With numerous commercial and residential development projects planned for the next five years, CBRE predicts that the strong growth momentum of the F&B sector is unlikely to slow anytime soon.

Grana, an international direct-toconsumer e-commerce fashion retailer, said it is raising US$10 million for its series A round led by Alibaba Group under the Hong Kong Entrepreneurs Fund, with participation from existing investors Golden Gate Ventures and Hong Kong-based MindWorks Ventures to support expansion plans in its highest growth market, the US, and build out its product offering into new categories with sportswear, bags and accessories.

Research firm GfK reveals that internationally people with a ‘save now’ mindset outnumber people with a ‘have fun now’ mindset — but the numbers are very close.

At least 30 restaurants took part last month in the Kin Hong Seafood Festival in Hong Kong.

For retailers searching for innovative kitchen appliances, Hong Kong-based Media Brands is offering a new range of frozen fruit ice-cream makers. Designed for home-makers and culinary enthusiasts, these new ice-cream makers, including model MBG100, are easy to use and clean.

Leading Hong Kong jewellery brand Chow Sang Sang celebrated its 80th year milestone with the launch of an e-shop as part of its omni-channel retail strategy.

Check out the latest trends in intimates, swimwear and sports fashion at the forthcoming Interfiliére Hong Kong. This year’s exhibition, to be held from March 18-19 at the Hong Kong Convention & Exhibition Centre, will highlight three themes under the Day & Night concept, including:

Online or physical store buying?

With the Asian Pacific nutraceutical market expected to account for more than 30% of the entire global market by 2017, Vitafoods Asia 2014 once again becomes the focal point for the vibrant Asian nutraceutical industry when it returns to Hong Kong this September. All eyes are on Asia as the region establishes itself as a business hub for new product development.

Asia Fruit Logistica sold out of stand space in early July, with just under two months to go before the region’s leading fresh fruit and vegetable trade fair opens its doors in Hong Kong.

Luxury e-tailer Mr Porter has expanded into Hong Kong.