Hong Kong
Ferrero Asia clinches FMCG Asia Awards 2024 for premium dark chocolate assortment
Ferrero Asia clinches FMCG Asia Awards 2024 for premium dark chocolate assortment
Its three different refined dark chocolates are made with different percentages of cocoa from different regions for a more sophisticated taste experience.
Coca-Cola Beverages Philippines nabs FMCG Asia Awards 2024 for recycling and collection programme
The initiative highlighted the importance of environmental stewardship and empowered communities to take concrete steps towards sustainability.
Mannings clinches two wins at FMCG Asia Awards 2024
The company offered a safe disposal service for unused medicines.
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.
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1. Hong Kong small retailers step up investment to take on big chains 2. Ulta Beauty enters Dubai as it scales Middle East retail 3. Frasers Property launches 9-mall rebrand and tech overhaul 4. Southeast Asia food delivery market surges to $22.7b 5. Retail sales climb 6.5% YoY as leasing activity stays firmResource Center
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Jun
03
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Event News
FMCG Asia Awards 2025 Winner: Angela Kuo of DIAGEO Taiwan
Angela Kuo of DIAGEO Taiwan highlights how the Johnnie Walker Blonde launch made whisky more approachable for younger consumers.
Commentary
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All that glitters: Is luxury losing its shine, or finding a new one in Asia?