June 23, 2026

Latest News

Hong Kong retail sales still sliding

Hong Kong retail sales still sliding

Hong Kong retail sales continued to shrink last month with a 5.7 per cent year-on-year decline in sales, according to the MasterCard SpendingPulse Hong Kong Report. The MasterCard data precedes…
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What young Chinese luxury shoppers want

What young Chinese luxury shoppers want

Young Chinese luxury travellers demand bespoke experiences and go abroad every three to four months, mainly for leisure, according to a Hurun Research Institute report. It shows that these travellers…
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Furla Shanghai flagship opens

Furla Shanghai flagship opens

Italian leather goods brand Furla China has launched its first flagship store in Shanghai as part of a move to expand its presence on the mainland. The new Furla Shanghai…
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M&S profit to take a hit

M&S profit to take a hit

After poor quarterly performances from Marks & Spencer’s general merchandise division, the full year results come as no surprise, with UK full-year like-for-like sales falling 1.1 per cent. That followed…
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Chains top China restaurant rankings

Chains top China restaurant rankings

Chains outperform independent eateries in China restaurant rankings, new research shows. A survey by global consulting firm OC&C Strategy Consultants shows that Chinese consumers dine out on average two or…
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