Hong Kong Retail
Average Hongkonger would take 11 work days to afford latest iPhone
The average salary in the country is $17,728 gross monthly.
Average Hongkonger would take 11 work days to afford latest iPhone
The average salary in the country is $17,728 gross monthly.
Online wholesale marketplace Markato enters Hong Kong
The startup enables a one-stop shop for retailers and buyers.
Retail sales value jumps 18.4% YoY in May
The total value stood at $34.5b.
Retail sales grows 31.3% in February 2023
But provisional online retail sales dropped 4.1% to $2.6b.
How Watsons plans to tap Middle East’s fast-growing consumer market
The beauty company opened 17 stores in the region in just two years.Â
Retail street rents to decline 10-15% YoY in 2023
Retailers are not optimistic about the sector’s outlook, according to Knight Frank.
Weaker retail sales to put pressure on HK shop rentals: report
Retail sales dropped by 2.9% for the first time in five months.
3 in 5 in-store shoppers browse candy shops for holiday gift ideas
Online shoppers, however, tend to look to video games and electronics for inspiration.
Retail sales drop 14.6% YoY in February 2022
The tightened measures against COVID-19 weakened consumption sentiment.
Is the retail property market on its way to redemption?
In January, retail sales value jumped 4.1%YoY to $33.9b.
Here's why 2022 is going to be a ‘slightly’ worse year for retail in HK
Retail sales growth is expected to be lower in 2022 at 7%.
Should Hong Kong’s brick-and-mortar retailers ride the e-commerce wave?
Surprisingly, retailers will need to cater more to the 62.1% of Hong Kongers who prefer to shop in-store.
Retail sales jump 7.1% YoY to $30.7b in November 2021
This is due to the positive consumer sentiment and the economic recovery.
State of the real estate: How the property market performed in October
Knight Frank cited trends that affected the performance of the market.
Opening of China border to impact HK’s retail market
Some retailers already saw an uptick in share prices.
Retail sales up 11.9% in August
Thanks to the boost from the Consumption Voucher Scheme.
Retail sales growth slows down in July
Sales rose 2.9% during the month, a drop compared to 5.8% in June.
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