Retail
General Mills China bags Retail award at the China International Business Awards
Häagen-Dazs and Musée du Louvre’s partnership combines gustatory delight with fine art.
General Mills China bags Retail award at the China International Business Awards
Häagen-Dazs and Musée du Louvre’s partnership combines gustatory delight with fine art.
810,000 more Hong Kongers get first $2,000 e-vouchers
In total, the government has disbursed the first vouchers to about 6.3 million individuals.
Retail sales growth slows down in July
Sales rose 2.9% during the month, a drop compared to 5.8% in June.
Tradelink profit rises 48% to $30m in H1
The Group declared an interim dividend worth HK2.8 cents per share.
E-voucher registration closes on 14 August
The scheme grants $5,000 worth of vouchers for use in retail, F&B establishments, and transport amongst others.
Retail sales up 5.8% in June but below expectations
This was likely driven by continuing social distancing measures.
4 in 5 will likely top up their $5,000 vouchers
The majority of whom will likely use their credit cards to top up.
How Hong Kongers plan to spend their $5,000 vouchers?
A survey found most respondents will spend It on groceries.
What the future looks like for brick-and-mortar retail in Hong Kong
Online consumers aged 15 and above rose to 43.1% in 2020, but their spending dropped.
Which real estate sectors will benefit most from HK’s recovery?
CBRE reported office and retail sectors are likely to be the biggest gainers.
Over 1.5 million apply for Hong Kong’s e-consumption voucher
The vouchers, worth $5,000, may be used at online and physical stores in retail, F&B, and other services.
Retail sales up 10.5% to $29.6b in May
The sector will remain challenged despite expected boost from e-vouchers launch.
HK online shoppers prefer to buy from China, Japan, USA
Three in four Hong Kong eCommerce shoppers prefer to buy their goods cross-border.
One in four HK shoppers could do away with bricks-and-mortar: survey
Changes in consumer behaviour as an impact of the pandemic may be here to stay.
Treat yourself: Hong Kong’s wealthy buy more luxury items after COVID
Around 48% are inclined to buy more high-end goods after the pandemic.
More incentives await Hong Kongers as firms join vaccine campaign
Fully vaccinated residents get a chance to win up to $10,000 vouchers or small appliances.
Retail sales up 12.1% in April but still below pre-COVID levels
The pause on inbound tourism continues to drag retail sales.
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