Hong Kong
Esprit appoints Mark David Daley as CEO
The company’s board recently saw a string of resignations.
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.
Dairy Farm launches two concept stores in Hong Kong
This includes a new 7-Eleven concept shop and a revamped Market Place.
Hong Kong jeweller Tse Sui Luen's profit tumbles 265.6% in FY2020
Its turnover likewise crashed 28.3% YoY over the same period to $2.91b.
Bank transfers, digital wallets spur Hong Kong e-commerce market
The two methods are rising at CAGR of 12% and 11%, respectively.
Hong Kong retailers amp up online sales capacity
However, the online penetration rates in the area still have ample room to grow.
This ecommerce startup can up conversion rates for merchants
Omnichat is a messaging platform and can also monitor ecommerce movements.
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