Central

Retail Asia17/04/2017

Thai mobile handset distributor Jay Mart plans to spend THB50 million (US$1.4 million) opening up to 10 Jaycamera shops by the end of this year. The outlets are forecast to initially draw in revenue of THB800 million, and within three years the company hopes to claim 40 per cent of the camera market for the […]

Retail Asia25/11/2016

The Monetary Authority of Singapore (MAS) will soon test how it could issue digital currency using a v-based interbank payment system. The planned proof-of-concept will be supported by blockchain consortium R3CEV, as well as eight banks and an unnamed local stock exchange. The Development Bank of Singapore, HSBC, Bank of America, JPMorgan, Credit Suisse and […]

Retail Asia14/05/2016

Hong Kong’s largest music and DVD retailer HMV quietly closed its iconic flagship store in Central last month in a move to lower rental costs, as the city faces its steepest retail downturn since the Asian Financial Crisis. The closure will be followed by the opening of a new shop this September, just one block […]

Retail Asia15/02/2016

Louis Vuitton is committed to the Greater China market and the company’s chief believes Hong Kong’s challenges are of a short term nature. And the company has announced it will soon commence renovations of its Louis Vuitton Hong Kong flagship store at Landmark Central. Chairman and CEO Bernard Arnault told the company’s annual meeting in […]

Retail Asia20/01/2016

IMG, organisers of the inaugural Taste Hong Kong in March, have revealed a star studded initial lineup of participating restaurants. A lucky eight Michelin stars have been accrued by the restaurants combined! Taste of Hong Kong will take place on the Central Harbourfront from March 10-13, with limited edition, early bird tickets on sale from […]

Retail Asia25/11/2015

New Zealand handmade soap company Honeybunch Handmade has opened its first own brand store in Hong Kong. Honeybunch Handmade is a brand owned by Soap Opera Productions, which has been supplying a Mainland China retailer with products for several years. Such is the popularity of the products, that retailer has grown from a single store […]

Retail Asia02/11/2015

The Emack & Bolio’s Central ice cream parlour just opened in Hong Kong is described as “unlike any other” you’ll find in the city. Emack & Bolio’s, at 26 Cochrane St, serves up 31 flavours of ice cream, frozen yogurt and sorbets along with smoothies, confections and more. The brand has its origins in Boston, […]

Retail Asia10/10/2015

German car maker Mercedes-Benz has opened a new retail and dining concept in the heart of Central. The Mercedes restaurant, called Mercedes Me, “is about creating the ultimate personalised experience, developed organically around you and the products that you love,” the company explains. “Here, you can keep up to date with the latest news and […]

Retail Asia06/10/2015

Italian luxury lingerie brand La Perla has reopened its Russell St flagship store after renovation. La Perla Hong Kong first opened in 2006 in Lane Crawford at pacific Place. Since then the brand has expanded to four stores – and the Russell St shop is described as its main showcase. The newly revamped La Perla store […]

Retail Asia23/09/2015

Hong Kong retail is moving from its traditional luxury focus to the mid market and the demographics of shoppers change, according to a report from CBRE. Mid-market retail brands are set to overtake luxury brands as the main driver of retail demand in the territory, according to the report, The Changing Retail Landscape: How to […]

Retail Asia28/08/2015

London jeweller Carat* has opened a new boutique in IFC Mall in Central. The store is one of two opened in Greater China in recent weeks – the other being inside IFC Mall in Shanghai. Founded by Englishman Scott Thompson in 2003, Carat* describes itself as one of the world’s leading luxury fashion jewellers. “Our […]

Retail Asia04/08/2015

Hong Kong listed Chinese mall owner Hang Lung Group has reported a three per cent rise in turnover in the first half of 2015. The group said revenue reached HK$4.893 billion, with rental turnover up eight per cent to HK$4.148 billion. Property sales income decreased 17 per cent to HK$745 million due to the sale […]

Tag: Central

Jay Mart launches Jaycamera chain

Singapore’s Central Bank to Test Blockchain-Backed Digital Currency

HMV closes iconic Hong Kong flagship store in Central

Louis Vuitton Hong Kong problems ‘cyclical’

Taste Hong Kong lineup revealed

Honeybunch Handmade opens in Hong Kong

Emack & Bolio’s opens in Hong Kong

Mercedes restaurant opens in Hong Kong

La Perla Hong Kong revamps flagship

Hong Kong retail ‘moves to the middle’

Carat* opens two new boutiques in Asia

Hang Lung posts strong result