Tag: hong kong

Retail Asia22/06/2017
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4min0
Facing talent shortage and increased operational costs, nearly half of mobile apps development firms in Hong Kong need to turn down their business deals or outsource services to overseas, according to a recent survey conducted by the Wireless Technology Industry Association (WTIA). The WTIA’s Hong Kong Mobile Apps Industry Survey, conducted by Hong Kong Productivity […]

Retail Asia21/06/2017
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2min0
Tiffany & Co. has opened its Hong Kong international airport pop-up store earlier this month. Located at Shop 6E188A, Departures East Hall on Level 6 of Terminal 1, the temporary boutique is situated right next to the famous New York jeweller’s standalone airport store. Inside, the pop-up store is divided by floor-to-ceiling glass panels, to […]

Retail Asia18/06/2017
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4min
Chow Tai Fook Jewellery Group yesterday reported a 3.9 percent rise in profit, buoyed by a sales rebound in the second half of the year as consumer sentiment improved. Executive director Adrian Cheng Chi-kong said Hong Kong’s retail and jewelry industry has already bottomed out. He also expects a single-digit increase in sales in 2018. […]

Retail Asia14/06/2017
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5min
Alibaba Group, the world’s largest e-commerce operator, is beefing up its presence in online shopping by further expanding in Hong Kong and tapping more English and non-Chinese speaking consumers in Southeast Asia. The group has officially launched its Tmall online supermarket in Hong Kong this week, and teamed up since March with Southeast Asian e-commerce […]

Retail Asia10/06/2017
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3min0
Following a debut in China late last month, UnionPay International is extending its UnionPay QuickPass QR code mobile payment service to Hong Kong and Singapore. The first merchants providing this new service are three stores of Colourmix at Causeway Bay, Hong Kong and two stores of BreadTalk in VivoCity and Marina Bay Financial Centre, Singapore. […]

Retail Asia09/06/2017
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5min0
3 Hong Kong, the mobile division of Hutchison Telecommunications Hong Kong (HTHKH), has signed an agreement with GASH Point, an Asian digital entertainment payment platform, in its latest push to tap the growing gaming market. As part of the agreement, the pair will launch co-branded game points cards, ranging between HK$10 ($1.28) and HK$1,500. Users […]

Retail Asia06/06/2017
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3min0
The stunning showroom is in Silvercord Building, located in Tsim Sha Tsui, on the world famous shopping street Canton Road. It’s the most important location, where all international fashion brands are present. It will be Fornarina’s hub for Asia Pacific, and will serve as the point of reference for development and expansion strategies in the […]

Retail Asia06/06/2017
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3min0
Coco Café is finally landing in Hong Kong this week. After its eye-poppingly Instagrammable stops in Tokyo, Seoul, Singapore and Shanghai, Chanel’s pop-up café will be taking over the Causeway Bay (G/F 38 Yiu Wah Street, Causeway Bay) branch of Coffee Academics from June 10 to 25. The beauty brand has created its own chic little […]

Retail Asia06/06/2017
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3min0
British designer, Tom Dixon arrived in Hong Kong this week to officially open his first store in South East Asia. The duplex store takes a prime location on Hollywood Road, Central Hong Kong and comprises of Tom Dixon’s latest furniture, lighting and home accessories. Commenting on the new Hong Kong shop, Tom Dixon said: “With […]

Retail Asia01/06/2017
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1min0
Minority shareholders in Hong Kong pay TV broadcaster i-Cable Communications have voted to approve a rescue plan that will inject fresh cash into the struggling operator following the withdrawal of support by its majority shareholder. Wharf Holdings announced in March that it will stop providing funding for the broadcaster following nine consecutive years of losses, […]

Retail Asia01/06/2017
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2min0
Despite the decline of tourist arrivals into Hong Kong last year and challenges in the luxury retail sector, Italian-owned mall operator RDM has just opened its first Hong Kong outlet. Located in the KC100 complex near Kwai Hing MTR station, Florentia Village is hoping to attract 500,000 customers this year thanks to its proximity to […]

Retail Asia31/05/2017
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3min0
Samsung Pay has finally landed in Hong Kong. The Korean technology giant launched an early access program in the Hong Kong market last month, but officially launched the mobile payment system to the general public last Thursday. Samsung Pay can be used almost anywhere a point-of-sale (POS) terminal is available and supports payments via both […]

Retail Asia30/05/2017
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2min
Sales and profit at jewelry retailer Tse Sui Luen (TSL) weakened in the past fiscal year, as improved demand in mainland China failed to compensate for sustained sluggishness in Hong Kong. Revenue fell 3.6% to $438 million in the 12 months that ended February 28, the Hong Kong-based jeweler reported Tuesday. Profit dropped 2.6% to […]

Retail Asia30/05/2017
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3min
German automaker Daimler has acquired 15% stake in Hong Kong based Lei Shing Hong (LSG) strengthing their longstanding cooperation with an investment by Daimler in LSH. The partnership is responsible for the Mercedes-Benz retail business of Lei Shing Hong Group. The transaction has been concluded after approval of the relevant antitrust authorities. ”With this transaction […]


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