Hong Kong
Colgate taps foodpanda to expand customer reach
Colgate taps foodpanda to expand customer reach
The three-year partnership spans 11 APAC markets.
Giordano attributable net profit up 41.1% YoY in 2022
Its revenue rose 12.4% YoY to $481.1m
Deliveroo invests in upskilling riders
It allotted over $100,000 to provide upskilling opportunities to the riders.
Hong Kong retail sales to climb by 13% in 2023: report
It is projected to amount to HK$395b (approximately US$50.3b).
Food, healthcare products are top gift choices for New Year: report
Shopping cash coupons are also among the top choices.
Businesses should cater to consumers who seek work-life balance
Around 53% of consumers put a strict boundary between work or school and personal life.
About 4 in 5 Hongkongers aim to resume socialising, consumption in Chinese New Year
This came as social distancing measures have been eased.
Hong Kong retail market momentum depends on full border reopening
Retail sales for the first nine months slightly dipped by 1.3% YoY.
Retail street rents to decline 10-15% YoY in 2023
Retailers are not optimistic about the sector’s outlook, according to Knight Frank.
CONCEPT WATCH: Eatology cooks up a ‘halfway diet’ for Hong Kongers
The flexitarian meal plan is for consumers looking to reduce their consumption of animal-based products.
Hong Kong’s toys market thrives despite fewer kids
Hong Kong has the lowest fertility rate in Asia.
Weekly News Wrap: Slow reopening puts off Hong Kong’s retail recovery; JD founder settles U.S. rape civil suit
And Reliance launches its first in-house premium fashion store.
Hong Kong set to regain global luxury shopping centre status: report
The city has eased restrictions for international tourists.
‘Stunted’ disposable income growth to drag HK, China consumer spending
Disposable income in the market is expected to average 3.3% in 2022.
International borders reopening to boost HK’s luxury market
Hong Kong is home to a large number of global luxury retailers.
Japan’s Yoshitsu opens physical store in Hong Kong
It plans to open two more stores within the year.
Yum China seeks primary listing in HKEX
It will be dual primary listed as it is also part of the NYSE.
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He stressed that companies can stay ahead by driving personalisation, seamless experiences, and embedding sustainability at the core of their operations.
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Winning at the shelf: Innovative packaging strategies