Retail
Hong Kong is most appealing Asian city for luxury retailers' expansion plans
It's second to London on a global scale.
Local consumers' services consumption growth slipped to its lowest in 4 years
It grew a measly 1.4%.
Chow Tai Fook suffers 26% drop in overall retail sales value
Its lacklustre CNY performance hasn't improved much.
Li & Fung's 2015 core operating profit fell 15%
Key US and Europe markets had tough enviroments.
Hong Kong retail sales contracting for almost a year now
Retail sales to be constrained looking ahead.
25% annual surge in ASEAN e-commerce projected over the next few years
Thanks to improved offerings and infrastructure.
Luxury goods companies coming to grips with new Hong Kong reality
Chinese shoppers are going and shopping elsewhere.
Chow Tai Fook end-December SSSG -15%
It was a lackluster performance.
Prime street shop rents to drop as much as 15% in 2016
Retail environment expected to remain challenging.
Hong Kong's overall retail sales slipped by 2.7%
Market's asset value has dropped massively by 29%.
Worst not yet over for Sa Sa amid challenging outlook for 2HFY16
Obstacles loom in Hong Kong and Macau.
Sa Sa reports sluggish 1HFY16 results with 10.6% yoy decline
Management remains cautious on fundamentals.
Weak retail sentiment drives down shop rents in core areas by 15.7%
Decline decelerating after 3Q15 slump, though.
Chow Tai Fook, Luk Fook hint of possible profit decrease by at least 40% y/y
They issued profit warnings recently.
Luxury retailers starting to get hurt by Hong Kong's bad retail trends
Retailers are reassessing real estate requirements.
Hong Kong luxury retailers mulling strategy overhaul
Due to slowdown in luxury retail sector.
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