Hong Kong
Hong Kong retailers to accept digital yuan as e-CNY pilot expands
Hong Kong retailers to accept digital yuan as e-CNY pilot expands
The e-CNY wallets are limited to cross-boundary payments and cannot be used for person-to-person transfers.
Lukfook signs ‘Business Sector Integrity Charter’ to strengthen business integrity
The charter aligns with the group’s robust anti-corruption framework and principles of business ethics.
Deliveroo opens third Hop site in Kwun Tong
It will offer over 2,300 grocery items.
DFI Retail Group and PolyU SPEED ink MoU for retail talent development
It will introduce Hong Kong's first QF Level 6 Programme in the field of retail.
Hong Kong retail sales down 7% in March
It was attributed to factors such as a high base of comparison for visitor spending and the timing of the Easter holidays.
Alternative payments dominate Hong Kong's e-commerce in 2023
Over 85% of consumers in Hong Kong shopped online in the past six months.
DFI Retail reports 19% reduction in greenhouse gas emissions
It aims to halve its emissions by 2030 and achieve net-zero emissions by 2050
Carousell’s REFASH launches in Hong Kong
This marks the brand’s expansion beyond its over 20 stores in Singapore and Malaysia.
HK’s retail leasing momentum slows as vacancy falls: report
All four core districts recorded single-digit vacancy rates for the first time since Q2 2018.
Giordano shareholders vote to oust CEO
Around 66.07% voted in favour of his removal.
Retail sales value rises 1.9% YoY in February
The total value stood at HK$33.8b.
Esprit suffers $298.9m net loss for FY2023 amidst challenging economic environment
The group's total revenue was down 16% YoY to $7.6m.
Slow sales drag retail property market although leasing rates “strong”
Structural change and shifts in visitors are some challenges the market may face.
Manolo Blahnik Group joins forces with Bluebell Group for Hong Kong launch
It is one of the many partnerships between both fashion entities.
Aris Maroulis named TUMI VP for Asia-Pacific and Middle East
He will spearhead the brand's operations and business development in Hong Kong.
Hong Kong’s New World sells D‧PARK Mall to Chinachem for $514m
The transaction will be completed by April.
Three sub-sectors to drive HK's retail growth in 2024
PwC Hong Kong anticipates a 5% increase in retail sales.
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Awards
Nov
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Event News
Inside BIRKENSTOCK South East Asia Pte Ltd’s win at the Retail Asia Awards 2026
Evelyn Chua, MD at BIRKENSTOCK South East Asia Pte Ltd, highlights customers spending more time in-store after its shift to experiential retail.
Commentary
How EV buyers in Asia are rewriting consumer trust and retail competition
If the AI agent doesn't know your brand, neither does your next customer