Retail
Retail sales slow 1.4% to $39.2b in November
Retail sales slow 1.4% to $39.2b in November
Buying sentiment has soured in response to economic uncertainties.
Prime street shop rents to fall by at least 5% in 2019
The weak renminbi and stock market are to blame.
Retail sales reverse September slowdown to hit $39.7b in October
The faster increase in visitor arrivals boosted purchases.
Retail rents in Causeway Bay are the world's most expensive
Leasing costs are at a whopping $2,671 sqft/per year.
Retail sales skyrocket by an average of 758% on Singles' Day
Residents spend an average of $960.
Fung Group moves to ease Mainland retail expansion in Alibaba tie-up
They will assist in online and offline distribution.
Mid-price brands outdo luxury retailers in August expansion
Charles & Keith is opening another store in Parker House.
Retail sales grind to a halt at 2.4% to $36.6b in September
Trade tensions and typhoon Mangkhut were a double whammy.
Patek Philippe unveils self-winding wristwatch for the modern woman
The Twenty~4 Automatic comes in stainless stel or rose gold.
Cosmetic brands cash in on tourist influx as they lead Q3 retail expansion charge
Notable leasing deals include those by Bonjour and NYX Professional Makeup.
Nearly half of consumers set to join Black Friday shopping craze
Hong Kongers are expected to spend an average of $825.
Retail sales hit $38.2b in August but fail to sustain double-digit growth
This marks the second month of single-digit expansion.
Retailers ramp up expansion plans in August but shun Central street shops
Luxury brands have found a new hot location.
Retailers scramble to cash in on bubble tea craze
Their strong sales volume have endeared them as the new darling of shopping malls.
Hong Kong opens doors to first unmanned shops
AlipayHK and Okashiland both unveiled stores on a trial basis.
Retail sales growth slow to single-digits in July
Sentiment has soured amidst heating trade tensions.
Shopping mall supply to hit 13-year high in 2019
There are nearly 2 million sqft in the pipeline.
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