tsim sha tsui

Retail Asia01/02/2019

The Mills officially opened at the end of 2018, becoming a new landmark that combines historical and cultural retailing, attracting a number of local brands in Hong Kong. The Mills is a revitalization project from Nan Fung Group scheduled for completion and actually completed in 2018. A destination consisting of a business incubator, experiential retail, […]

Retail Asia09/11/2017

A “steady if cautious” Hong Kong retail recovery is clearly underway, according to a report from Savills released today. “The retail sector is slowly coming to life after four years of painful adjustment which has seen the emergence of a ‘tenant’s market’, a rare occurrence in Hong Kong’s landlord-dominated retail scene,” observed Simon Smith, head […]

Retail Asia06/03/2017

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 Asia17/11/2016

The prime shopping hubs of Causeway Bay and Tsim Sha Tsui, among the most expensive in Hong Kong in terms of rental costs, remain attractive for retailers amid overall sluggishness in the sector. Retail rents in Causeway Bay fell 8 per cent in the rental index in the third quarter and 10 per cent in […]

Retail Asia06/10/2016

Hong Kong may no longer be the darling of European luxury brands after the combined effect of a slower local economy and fewer mainland shoppers as a result of Beijing’s anti-corruption crack down, but the city is still magnet for less expensive luxury brands and mid-priced retailers. Retail sales have seen an 18 month-long nosedive, […]

Retail Asia28/04/2016

Luxury tableware and gifts retailer Town House is opening another retail store location at Wing On department store in Sheung Wan. The expansion of Town House into a fully-fledged retail shop in Wing On is part of a strategy to open new retail locations to take advantage of consumer demands for affordable, high quality home […]

Retail Asia17/03/2016

Shares of Chinese Estates dropped as much as 11 per cent on Tuesday despite its core profit jumping 3.4 times last year to HK$16.78 billion, mainly driven by asset disposals. The company’s shares end the day 8.65 per cent or HK$1.80 lower at HK$19 after hitting an intraday low of HK$18.50. The hefty increase in […]

Retail Asia06/01/2016

Korean cosmetics retailer Nature Republic has shuttered its Tsim Sha Tsui flagship store – seven months before the end of its lease. According to a report in the Hong Kong Economic Journal, Nature Republic was paying a monthly rent of $950,000 for the 1640 sqm store which spanned three units in front of The One […]

Retail Asia25/09/2015

The ranks of English language bookshops in Hong Kong may be dwindling, but someone forgot to tell Taiwanese retailer Eslite. The second store will be themed ‘Travellers, Taiwan, Diversity and Culture’, spread over two floors of Star City at 3 Salisbury Rd. It will feature more than 25,000 titles in Chinese and English and trade […]

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 Asia13/08/2015

Hong Kong police and customs officers have made the biggest seizure of counterfeit bags and accessories in a decade. The authorities say they netted 30,000 bags in a two day operation on July 28 and 29, details of which have only just been revealed. Customs and police say they successfully smashed a syndicate suspected of […]

Retail Asia10/08/2015

Department store operator Lifestyle International says its Sogo department stores in Causeway Bay and Tsim Sha Tsui helped it achieve a 15.1 per cent boost in first half year profit. In the six months to June 30, group turnover increased 6.6 per cent to HK$3.07 billion and profit attributable to owners of the company to $1.17 […]

Retail Asia20/07/2015

Korean cosmetics retailer Missha is returning to Hong Kong. Some 20 Missha Hong Kong stores were shuttered around New Year’s Eve this year when the previous local retail partner collapsed. Now Missha has a new partner – DKSH (DiethelmKellerSiberHegner) – which will apparently help it build a new network. Missha entered Hong Kong in 2004, […]

Retail Asia10/07/2015

The days of double-digit sales growth seem like a mirage now. Not long ago retailers were blasé about such numbers when mainland visitor arrivals were at their peak. Now, of the 10-odd shops in a prime stretch of Yee Wo Street in the Causeway Bay shopping district, three premises lie vacant. Prime outlets are also […]

Tag: tsim sha tsui

Place to reate your own watch

Hong Kong retail start recovering

ZhangMen Brewing opens Tsim Sha Tsui flagship

Causeway Bay and Tsim Sha Tsui retain allure for retailers in spite of sluggish times

Mid-priced brands cash in on falling Hong Kong rents at expense of luxury retailers

Luxury gifts retailer opens in Sheung Wan

Chinese Estates shares falls as much as 11 per cent despite rise in core profit

Nature Republic shutters TST flagship

Eslite Hong Kong adds second store

Hong Kong retail ‘moves to the middle’

Hong Kong police seize 30,000 fake bags

Sogo ‘resilient’ in tough market

Missha Hong Kong makes return

Foreign visitors giving Hong Kong’s ‘shopping paradise’ a miss