Tag: hong kong

Retail Asia06/03/2017
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2min0
Taiwan’s ZhangMen Brewing Company has chosen Hong Kong to set up its first international flagship pub. On Kimberley Road in Tsim Sha Tsui, the outlet offers 24 varieties of craft beer, shipped directly from its brewery, as well as providing Taiwanese snacks. ZhangMen Brewing Hong Kong GM Ajax Lo says Hong Kong has had a […]

Retail Asia02/03/2017
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1min0
Japanese online cosmetic store @Cosme is to open a brick-and-mortar store in Taiwan in May. It is the spearhead of a plan by its owner, Istyle, to open stores across Asia. Istyle began opening @cosme stores in Japan in 2007, bringing together drugstore and specialty store brands. The chain grew from a website that gained […]

Retail Asia28/02/2017
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8min0
The International Diamond, Gem & Pearl Show opened today and continues through 4 March at the AsiaWorld-Expo. This fourth edition of the show, organised by the Hong Kong Trade Development Council (HKTDC), welcomes more than 1,900 exhibitors from 39 countries and regions to showcase raw jewellery materials including quality diamonds, precious gems, semi-precious stones and […]

Retail Asia27/02/2017
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2min0
Japanese cosmetics brand Do-Best is looking at opportunities in the Philippines and broader Southeast Asian markets, including Indonesia. Do-Best CEO Daitaro Sugawara was in the Philippines for a group networking session organised by Security Bank and Japan’s Mitsubishi UFJ Financial Group. He was matched with executives from local retailers including Metro Retail and National Bookstore. […]

Retail Asia26/02/2017
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3min
Hong Kong’s SmarTone is deploying “smart robots” at its psychical retail stores to help enhance the customer experience. The initiative, launched last week on Valentine’s day, involves the leading mobile network operator in Hong Kong deploying the NAO robot at its stores. It marks the first time SmarTone is using actual robots for enhancing the […]

Retail Asia24/02/2017
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3min0
Fashion group Esprit Holdings says it has made a “significant recovery”, turning around its HK$238 million (US$30.6 million) loss to record a net profit of HK$61 million for its first half. While the improvement was driven by retail sales, the group says two other major developments were a vital element of the growth in overall […]

Retail Asia24/02/2017
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3min0
McDonald’s China is drawing criticism from Hong Kong trade unions, who fear the impact of the new owners on employment conditions. Despite reassurances from local McDonald’s management – or any evidence at all suggesting changes to labour policies are looming – the fast food giant has come under attack on both sides of the border. […]

Retail Asia19/02/2017
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3min
Hotpot chain Sichuan Haidilao Catering is said to be making inroads into Hong Kong, joining a cluster of mainland counterparts whose business in Hong Kong has been chequered. Edwin Leong Siu-hung, founder of Tai Hung Fai Enterprise and one of Hong Kong’s largest retail landlords, confirmed that one of his company’s properties in Mong Kok […]

Retail Asia17/02/2017
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2min0
Hong Kong’s SmarTone has reported a 2% year-on-year decline in net profit for the six months ending in December to HK$393 million ($50.6 million). Group service revenue fell 4% over the same period to HK$2.67 billion. SmarTone blamed the decline in part on on customers continuing to migrate to SIM only plans. This led to […]

Retail Asia16/02/2017
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3min0
Valentino Hong Kong has unveiled its new flagship store in the heart of Causeway Bay. Spanning 382 sqm at Lee Garden One, the Italian fashion brand’s two-storey boutique was designed by British architect David Chipperfield. Steering away from a pure showroom set-up, it combines old and new aesthetics to evoke a palazzo atmosphere. The architect […]

Retail Asia15/02/2017
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4min
BetaSmartz, the B2B automated investment platform for all sizes of investors, from institutional to retail, today announced it had opened offices in Hong Kong. BetaSmartz offers ‘hybrid ‘ digital investment or ‘robo’ advice that combines automated and face-to-face financial advice. Newly appointed Managing Director Asia, Zak Allom, said this model had been well received since […]

Retail Asia14/02/2017
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2min0
China Mobile Hong Kong has migrated its services to an NFV-based cloud core network provided by Huawei. The operator has migrated its legacy networks to cloud networks based on the 3GPP system. Working closely with Huawei, the migration took only around six months, according to CMHK CEO Sean Lee. “The synergy between CMHK and Huawei […]

Retail Asia14/02/2017
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4min0
SmarTone plans to soon launch its innovative anti-cyberattack software, ST Protect, to enterprises in Hong Kong in anticipation of growing security threats targeted at smartphones. “One of the interesting trends last year is that we started to see ransomware going through mobile,” said Zuk Avraham, founder and chairman of Zimperium, which specializes in providing mobile […]

Retail Asia14/02/2017
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2min0
HKT has called on the HKSAR government to take action to prepare for the arrival of 5G, stating that the government has done nothing to advance 5G development in the city. In a discussion paper, HKT once again the government and criticized telecoms regulator OFCA for what it says is a failure to allocate enough […]

Retail Asia13/02/2017
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4min0
Hermes sales rose 8 per cent last year for French high-fashion goods manufacturer Hermes International. In what it describes as a “difficult context”, the group’s consolidated revenue reached €5202 million (US$5.5 billion). Sales growth was sustained in the fourth quarter (up 8 per cent at current exchange rates, and 7 per cent at constant exchange […]


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