Retail
Loyalty programmes are more popular with Gen Zs and Millennials
Loyalty programmes are more popular with Gen Zs and Millennials
                                                                                                 
                        
                          The lowest interest is from Baby Boomers.
                    
                                        
                    
                HK investors favour retail properties
                                                                                                 
                        
                          There were more larger sum of transactions generated in August 2023.
                    
                                        
                    
                3 key elements that fuel branded mobile app effectiveness
                                                                                                 
                        
                          By introducing a shopping credit in its mobile app, a retailer saw a 500% growth in sales.
                    
                                        
                    
                Online wholesale marketplace Markato enters Hong Kong
                                                                                                 
                        
                          The startup enables a one-stop shop for retailers and buyers.
                    
                                        
                    
                Around 9 in 10 people in Hong Kong would buy engagement ring locally
                                                                                                 
                        
                          Preference for a more glamorous wedding is now back.
                    
                                        
                    
                Retail sales to grow 17% YoY in 2023 – PwC
                                                                                                 
                        
                          This is equivalent to HK$408b.
                    
                                        
                    
                Retail sales value jumps 19.6% YoY in June
                                                                                                 
                        
                          The total value stood at $33.1b.
                    
                                        
                    
                Retail property market sees significant boost in 1H23
                                                                                                 
                        
                          As of end June, rents of High Street shops rebounded 8.2%.
                    
                                        
                    
                Get to know the Top 7 Tailors in Hong Kong
                                                                                                 
                        
                          Hong Kong is recognised as a world-renowned tailoring mecca. Here are the most established shops that have been around for ages.
                    
                                        
                    
                Retail sales value jumps 18.4% YoY in May
                                                                                                 
                        
                          The total value stood at $34.5b.
                    
                                        
                    
                Patek Philippe has inaugurated the grand exhibition “Watch Art” Tokyo 2023
                                                                                                 
                        
                          The exhibition is open from 10 to 25 June 2023.
                    
                                        
                    
                Annual rental rate for stores in core retail districts to see an 8% YoY growth
                                                                                                 
                        
                          Colliers said economic recovery will drive the rate up for the year.
                    
                                        
                    
                What's in? SHOPLINE unveils 4 trends in HK's e-commerce market
                                                                                                 
                        
                          The platform said online shopping is steadily growing as its merchants reached over 3.35 million customers in 2022.
                    
                                        
                    
                Jumppoint, the underserved market’s portal for deliveries
                                                                                                 
                        
                          Algorithm helps the Hong Kong-based startup predict demand per area to ensure efficient drops at low cost.
                    
                                        
                    
                Consumers crave human connection amidst era of automation
                                                                                                 
                        
                          Businesses should balance automation with personal care, says Euromonitor International.
                    
                                        
                    
                Retail sales value in January grew 7% YoY
                                                                                                 
                        
                          The total value is at $36.2b driven by the return of tourists.