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Retail Asia25/01/2017

Food and beverage and lifestyle is driving Hong Kong retail innovation, says property expert Shaun McManus with JLL Hong Kong. “The activewear and sports apparel sector has been a front-runner in elevating in-store experiences for shoppers,” McManus, who specialises in lifestyle retail and F&B with the property company. “Looking to boost their winter sales, Adidas […]

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Retail Asia24/01/2017

State-owned PT Bank Negara Indonesia (BNI) will be launching Indonesia-Hong Kong Worker Card (KPIH), a multi-function card for Indonesian employees in Hong Kong. The Bank had previously launched Indonesia-Singapore Worker Card (KPIS) in November 2016. The dissemination and soft launching event of the card was carried out in the presence of 500 Indonesian migrant workers […]

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Retail Asia23/01/2017

Wahlburgers – the burger restaurant brand founded by chef Paul Wahlberg and celebrity brothers Mark and Donnie – is to launch in Asia. Through a joint venture with Hong Kong-headquartered Cachet Hospitality Group (CHG), Wahlburgers will open in Hong Kong, Mainland China and Thailand this year. CHG has signed agreements with World Packaging Center to […]

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Retail Asia22/01/2017

Convenience stores and shops across Hong Kong will be banned from selling alcohol to minors under new legislation to be proposed by the government this year as it steps up efforts to tackle a rise in underage drinking. The law, if passed by the Legislative Council, will prohibit retailers from selling liquor to anyone under […]

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Retail Asia21/01/2017

Burberry says sales in its core China market have improved in the latest quarter, ending a long run of declines. And while Hong Kong stores posted yet another like-for-like drop due to weaker footfall, the decline is now in the low single digits. Globally, Burberry achieved a 4 per cent increase in wholesale and retail […]

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Retail Asia20/01/2017

Standard Chartered Bank (Hong Kong) Limited (SCBHK) announces the appointment of May Tan as the Bank’s Chief Executive Officer for Hong Kong, with effect from 1 July 2014. May joined SCBHK in January 2009 as Global Head, Equity Corporate Finance and also as a board member of SCBHK Ltd, and has since become the Bank’s […]

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Retail Asia20/01/2017

he 48th edition of Hong Kong Fashion Week for Fall/Winter ended today at the Hong Kong Convention and Exhibition Centre. The four-day fashion fair (16 to 19 January), organised by the Hong Kong Trade Development Council (HKTDC), welcomed some 15,000 buyers from 77 countries and regions. HKTDC Deputy Executive Director Benjamin Chau noted that the […]

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Retail Asia20/01/2017

Hong Kong Air Cargo Terminals handled a total of 1,653,938 tonnes of cargo in 2016, an increase of 1.6% compared to 2015. “From a disappointing start, 2016 shaped up to be a very satisfactory year for Hactl and its airline customers,” said Mark Whitehead, chief executive of Hactl. “The best results showed in the second […]

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Retail Asia20/01/2017

Hong Kong mobile carrier SmarTone has joined force with Ericsson to conduct the city’s first demonstration of 5G technologies using millimeter wave spectrum. The pair also committed to launch a mobile technology innovation lab later this year, paving the way for the 5G deployment in Hong Kong. During the demo, which took place Wednesday at […]

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Retail Asia19/01/2017

To welcome the Year of the Rooster, Hong Kong International Airport (HKIA) is launching a series of Chinese New Year promotional activities and offers, including an instant rebate of HKIA cash coupon worth up to HK$15,600. Instant Rebate Promotion: From 20 January to 5 February 2017, travellers spending a specific amount by electronic payment at […]

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Retail Asia19/01/2017

Shopping, entertainment and leisure may be the three words synonymous with Hong Kong. However, those are no longer the only reasons for Indonesians to visit the region as it has become a destination to pursue higher education. Phillip Beh, chairman of the University of Hong Kong (HKU) Undergraduate Admissions Committee told on Saturday that the […]

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Retail Asia18/01/2017

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Sales performance has improved marginally for cosmetics chain Sa Sa International Holdings for its third quarter, to the end of December. This was mainly a result of a rise in numbers of mainland customers driving a 5.4 per cent increase in the number of transactions in Hong Kong and Macau while local trade remained flat. […]

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Retail Asia17/01/2017

Versace Hong Kong has opened a flagship store in the Shanghai Commercial Bank Tower in Central. Covering about 743 sqm, it features men’s and women’s ready-to-wear and accessories. It joins standalone stores for the Italian fashion house at Gateway Arcade, MixC Mall, Pacific Place and Sogo Causeway Bay. The flagship incorporates traditional Italian architectural values […]

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Retail Asia17/01/2017

Ethiopian Airlines Cargo Terminal, which is under construction currently, has reached 82 per cent completion and it is scheduled to be operation by April 2017, the African carrier said. The first phase of the Addis Ababa terminal cost around US$150 million. The terminal will have an capacity of 1.2 million tonnes of cargo including facilities […]

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Retail Asia17/01/2017

The 48th Hong Kong Fashion Week for Fall/Winter, a superb fashion sourcing platform in Asia, opened today at the Hong Kong Convention and Exhibition Centre. The four-day show (16 to 19 January), organised by the Hong Kong Trade Development Council (HKTDC), features more than 1,500 exhibitors from 21 countries and regions, showcasing the latest fashion […]

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Retail Asia16/01/2017

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Shanghai Airport Authority is seeking bidders for retail concessions at Shanghai Pudong International Airport Terminal 2 (domestic). It has 38 stores available covering a total of 3300 sqm, with multiple product categories up for tender. Likely bidders include Orient King Power, a subsidiary of the Antares Cheng-owned King Power Group (Hong Kong), which expanded its […]

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Retail Asia16/01/2017

AirAsia Group is looking at a secondary listing of the airline, AirAsia Bhd, on the Hong Kong Stock Exchange (HKSE) and hopes that it can take place before the middle of this year. Towards this end, it is believed that China Merchants Bank, an investment bank from China, is likely to get the job to […]

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Retail Asia15/01/2017

Hong Kong’s SmarTone has teamed up with Cisco Jasper, Cisco’s IoT division, to launch IoT services in the market. The companies will offer Hong Kong businesses the opportunity to leverage SmarTone’s mobile network and Cisco Jasper’s Control Center managed connectivity platform for their IoT-based services. Announcing the deal, Cisco Jasper managing director for China and […]

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Retail Asia14/01/2017

US fast-fashion retailer Forever 21 has launched its activewear collection globally at its stores and on its website. The Forever 21 Activewear Collection provides low-, medium- and high-impact pieces in an array of soft and neon hues. The Fit and Run assortment is designed for high-impact activity and features bold prints, sweat resistance, matching sets […]

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Retail Asia12/01/2017

Singapore F&B chain Old Chang Kee is forming a JV in the UK so it can expand and build its brand there, primarily in London. With Singapore company 13 Wonders, which is mainly involved in the general wholesale trade and food retail, it is forming Old Chang Kee UK (OCK UK), which will be a […]

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