Tag: Chinese New Year

Retail Asia05/04/2019
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3min0
Following 21 consecutive months of retail sales growth, Hong Kong retail sales declined in February, according to the latest Mastercard SpendingPulse™ Hong Kong Report. Mastercard SpendingPulse, which measures consumer spending across all payment types, including cash, found that retail sales contracted by 3.2 percent in February compared to last year. The drop, compared to last […]

Retail Asia04/02/2019
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7min0
Next week it Chinese New Year. It officially begins on February 5th, 2019, and ends on February 19th. This year will be the year of the Pig. It is the most important festival for Chinese people, so the city is fully decorated with festive installations. The retail world celebrates it with decorations and promotions. In Hong […]

Retail Asia24/02/2016
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2min0
Chinese New Year sales for the Chow Tai Fook Jewellery Group took a dive in Mainland China, Hong Kong and Macau. Unaudited figures for the period, from January 25 to February 14, show the value of retail sales dropped 30 per cent in China and 23 per cent in Hong Kong and Macau – a […]

Retail Asia18/02/2016
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2min
China’s retail sales over the Spring Festival holiday rose 11.2 percent from the same vacation period a year earlier, with cinemas posting sharp increases in box-office sales, the country’s Ministry of Commerce said in a statement Saturday. Retail sales and restaurant receipts in the world’s second-largest economy totaled about 754 billion yuan ($115 billion) in […]

Retail Asia12/02/2016
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4min0
Coach Inc says its net sales totalled US$1.27 billion for the second fiscal quarter – up 4 per cent year on year, and up 7 per cent on a constant currency basis. China was a primary driver of the increase in the three months to December 26, with sales up in the double digits and […]

Retail Asia08/02/2016
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4min0
In the two weeks leading up to the Chinese New Year, eCommerce sales in Asia grew by 40 per cent with 25 per cent more consumers shopping online. Three in 10 transactions were completed on a mobile device, according to performance marketing technology company Criteo in Hong Kong. Its findings are based on an analysis […]

Retail Asia03/02/2016
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3min
Dig out your red clothes, hang up paper lanterns and pick up some firecrackers — Chinese New Year is returning to Bangkok. The biggest celebrations will take place on Yaowarat Road in the heart of Chinatown, with cultural displays, dance and musical performances to usher in the Year of the Monkey. Kicking off on Feb. 7, the Chinatown festivities will […]

Retail Asia01/02/2016
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6min
The Mall Group will celebrate Chinese New Year with a variety of activities and promotions to boost customer spending. The company projects the campaign to generate Bt2.5 billion in sales. Chamnarn Maytaprechakul, executive vice president of The Mall Group, said that towards the end of 2015, customer spending improved. During the final two months, the […]

Retail Asia28/01/2016
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2min
Hong Kong International airport (HKIA) is to offer various promotions including cash redemptions of up to HK$5,000 ($640)  in celebration of the upcoming Chinese New Year. From February 4 to February 15, travellers spending over HK$2,000, HK$5,000, HK$10,000 and HK$50,000 by electronic payment can redeem HKIA cash-coupons of HK$100, HK$300, HK$700 and HK$5,000 respectively. During the […]

Retail Asia22/01/2016
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8min
Alibaba plans to piggyback on the biggest celebration on the Chinese calendar – Lunar New Year – in the hopes of establishing another e-shopping tradition. Set to start in mid-January in the run-up to Chinese New Year, which falls on February 8 this year, theAlibaba Lunar New Year blitz – dubbed Ali Chinese New Year […]


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