Hong Kong
Deliveroo cuts commission rates for pickup orders in Hong Kong
Around two-thirds of new partner restaurants have joined the pickup service.
Deliveroo cuts commission rates for pickup orders in Hong Kong
Around two-thirds of new partner restaurants have joined the pickup service.
Hong Kong's retail sales down 44% to $2.93b in February
The sector took a blow from the COVID-19 pandemic.
Five tech-driven consumer trends reshaping commerce
Rapid advances in mobile technology and Internet accessibility are revolutionising shoppers’ behaviour, with digital-savvy consumers driving fundamental change in businesses and the market. Relevant trends and the need for commerce to keep up with them to stay relevant were underlined at a seminar themed “Top 5 Global Digital Consumer Trends in 2018”, held during the 33rd HKTDC Hong Kong Gifts & Premium Fair.
Pop-up retail event spotlights the best Hong Kong designers
FASHIONALLY.com, a website dedicated to the promotion of Hong Kong fashion, will organise an "unprecedented" retail event at PMQ mall starting from April 27. Titled 23 Senses, it will be held over the following three weeks to introduce to the public some of Hong Kong’s finest designers, including familiar names as well as newly launched labels.
Pakpobox raised pre-Series A funding for its smart locker platform
Pakpobox Hong Kong Limited -- which provides intelligent products, services and solutions based on the Internet of Things -- recently closed its pre-Series A funding round for US$1.2 million led by Infinity Venture Partners, a Japan-based VC. SQ Capital Group and The Aria Group also took part.
Helping Hong Kong SMEs grow online retail sales on Chinese mainland
Small and medium-sized enterprises (SMEs) in Hong Kong can now tap the rapid growth of the Chinese mainland’s B2B e-commerce market by taking advantage of a new online promotion by the Hong Kong Trade Development Council (HKTDC) -- a statutory body dedicated to creating opportunities for the territory’s businesses.
Hong Kong's Harbour City welcomes “art invasion”
Renowned French urban artist Invade brought his art to Hong Kong once again with a new series of 32 mosaic artworks in September 2017. For the first time, he invaded Harbour City, the largest shopping mall in Hong Kong, installing 18 of them on various walls around the mall.
Lancôme pop-up store offers ‘retail-tainment' at Hong Kong International Airport
French luxury beauty brand Lancôme Travel Retail Asia-Pacific launched a Holiday Wonders pop-up concept at Hong Kong International Airport (HKIA) last month.
Tapping wireless security system to enhance customer experience
Checkpoint Systems, a global supplier of merchandise availability solutions for the retail industry, recently announced the launch of a series of revolutionary loss prevention and data analytics solutions at its Innovation Session held in Hong Kong.
Online brand GRANA introduces free returns at 7-Eleven outlets in Hong Kong
Online direct-to-consumer apparel brand GRANA has joined convenience store chain 7-Eleven as their exclusive partner in Hong Kong to roll out convenient free returns for customers, in a move to enhance the online shopping experience for customers with drop-offs to suit their fast-paced lifestyles.
Wearable technology woven into fashion industry's future
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.
Hong Kong Sports and Leisure Expo to debut in July
The inaugural Hong Kong Sports and Leisure Expo will be held from 21 to 25 July at the Hong Kong Convention and Exhibition Centre.
New pop-up store to give Hong Kong fashion brands exposure
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.
Johnson & Johnson expands in Hong Kong market with support
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.
Taking stock of retail readiness for the holiday season
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.
HK's new property developments to stimulate F&B growth
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.
HK-based fashion start-up boosts sales, expands presence with new funding
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.
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EY’s Olivier Gergele highlights how retailers can navigate and thrive in today’s complex landscape and evolving consumer preferences
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By implementing a sound omnichannel strategy, prioritising the consumer experience and adapting to changing trends, retailers can differentiate their value proposition.
By implementing a sound omnichannel strategy, prioritising the consumer experience and adapting to changing trends, retailers can differentiate their value proposition.
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1. Here are key consumer trends influencing pet care sales in 2024 2. South Korea’s Paris Baguette opens first Philippine store 3. ZALORA ramps up sustainability amidst rising demand for eco-products 4. Alternative payments dominate Hong Kong's e-commerce in 2023 5. MINISO enhances employee welfare and environmental initiatives in 2023Awards
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