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Retailing

Retailing
Latest news and features on retailing with a particular focus on Hong Kong, mainland China and Asia, covering consumer goods and services, retail strategies, shopping habits, sales results and trends.
A Qdama store in Hong Kong’s Quarry Bay district. Photo: Handout
IPO

Chinese chain Qdama, known for its night discounts, plans Hong Kong IPO

The leading seller of meat and fresh produce on the mainland plans to open 1,400 stores in the next five years using proceeds from the IPO.

Consumers

Foreign, Hong Kong retailers shut mainland China stores amid fierce competition

China’s private sector

Changing tastes: China’s new affluent consumers seek quality not extravagance

China inflation

China’s consumer prices stay flat in 2025 amid focus on price wars

Beijing has been intensifying efforts to combat industrial overcapacity and fierce competition in key sectors, aiming to stabilise the economy and support growth.

A shopper browses shelves at a supermarket in Beijing. China’s consumer prices stayed flat in 2025, official data showed. Photo: AFP
Hong Kong property

Repeat buyer tucks into another McDonald’s Hong Kong shop for US$15.2 million

Evergreen Capital Partners added the Causeway Bay shop to its portfolio after acquiring two other outlets from the fast-food giant.

Rolex

Think platinum trumps gold? The Rolex Day-Date proves you wrong

Gold is more desirable than platinum in the jewellery market, and is worth more – so why is the platinum version of this watch more expensive?

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Mainland China

Furniture retailer Ikea to close 7 stores in China amid property market slump

The firm plans to open more than 10 small-format outlets in key cities over a two-year period.

Ikea’s new strategy underscored the retailer’s sharpened focus on the furniture-replacement segment of the market, as new-home furnishing demand had declined. Photo: Shutterstock
Social media

At 75, Snoopy has conquered the Gen Z market. How did the beagle do it?

Snoopy’s enduring appeal continues to boost Peanuts’ brand now – it has more than 1,200 licensees around the world.

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Doing Good

Meet the teen with a mission to help artists with his own brand of socks

Darren Lee, the founder of Sababu Socks, talks about providing a lifeline for under-represented artists from the Philippines to Tanzania.

Hong Kong economy

Hong Kong’s retail uptick extends into November with sales climbing 6.5%

Sector’s growth marks third consecutive month of reaching above 6 per cent year on year, but industry leader warns against calling it ‘recovery’.

Shoppers at Tsim Sha Tsui. Hong Kong’s retail sales “sustained its recovery momentum” in November, authorities say. Photo: Dickson Lee
Hong Kong

Chinese and Asian suppliers in limbo over fashion chain Claire’s bankruptcy

Suppliers across Asia pursue legal action, but debt recovery prospects remain uncertain.

Claire’s is a mall staple known for trendy jewellery and ear piercings. Photo: Getty Images
China’s private sector

Small restaurants in China starve as consumers suppress spending appetite

Per-capita spending per meal has dropped nearly 24 per cent since 2023, data provider says, as property slump sows uncertainty.

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China consumption

China rolls out trade-in funding for 2026 as campaign to spur spending continues

The programme, which has helped stimulate consumption increases, will continue to subsidise purchases of big-ticket goods and refurbishments.

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China economy

Opinion | How China’s home-grown luxury labels took on Western brands

Chinese brands are gaining ground at home and worldwide as domestic consumers increasingly turn to labels with Chinese imagery and values.

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People walk past Christmas decorations outside a store of Swiss luxury watchmaker Rolex along a shopping street in Beijing on December 15. Photo: AFP
China consumption

China’s Hainan hosts duty-free shopping spree under new customs regime

A flurry of activity accompanied the official establishment of the island’s tariff and tax exemptions - but will the frenzy last?

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The Haikou International Duty Free Shopping Complex in Haikou, capital of Hainan province. Photo: Xinhua
Consumers

From Shein to Labubu, French shoppers are buying Chinese for Christmas

This year’s wave of popularity for Chinese brands has not waned in France’s capital, with Shein’s store packed and Labubu dolls dotting trees.

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Fashion

Black leather gloves to effortlessly elevate your look this winter

With their luxe materials and exquisite detailing, these black leather gloves will elevate any look effortlessly.

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China consumption

Hard work, long hours fuelled China’s rise. Now, it weighs longer breaks

China, one of the world’s hardest-working countries, is adopting incentives to increase time off – and potentially boost consumer spending.

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Workers at the construction site for the main tower of Harbin Ice and Snow World in Harbin, China. Photo: Xinhua
JD.com

Burglary of JD.com warehouse in France prompts investigation, speculation

The theft, with over 50,000 items stolen by some estimates, casts a shadow over the Chinese e-commerce giant’s first Christmas in France.

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Beauty

‘C-beauty’ cosmetics brands find retail expansion outside China a slow slog

‘For established domestic cosmetics companies attempting to expand abroad, progress is still in its early stages,’ CLSA’s Chris Gao says.

Luxury brands

As Landmark revamps its offerings, retail concept Belowground debuts a new look

The upscale mall in Hong Kong’s Central district is undergoing a multimillion-dollar, three-year redevelopment for a new generation of shoppers.

Retail concept Belowground at Landmark in Hong Kong. Photo: Handout
E-commerce

China bans e-commerce platforms from forcing lowest prices or abusing algorithms

Beijing moves to protect consumers and merchants, with new 29-article regulation tightening oversight of the fast-growing digital economy.

The new rules prohibit e-commerce operators from forcing merchants to offer discounts. Photo: Shutterstock
Pop Mart

Chinese toymaker Pop Mart targets wider audience with magazine, grow IP

The magazine, which is available for US$5.7 online and at select offline locations, features Michelle Yeoh on the cover.

Luxury brands

Why global luxury brands are switching to shopping streets in China

Luxury giants are transforming China’s retail scene, blending culture, cuisine and shopping in vibrant street-level destinations.

China consumption

From taboo to trendy: China’s second-hand luxury market cashes in on resale boom

Driven by an uneven recovery and property crisis, value-conscious shoppers are powering a second-hand boom as platforms use tech to verify authenticity and overcome stigma.

Illustration: Henry Wong
E-commerce

Alibaba ramps up China instant commerce push with Cainiao and Tmall tie-up

Partnership designed to expand warehouse network and boost Taobao Shangou’s rapid service as rivals Meituan and JD.com scale up facilities.

Cainiao will launch new or expand instant commerce warehouses for Tmall Supermarket. Photo: Shutterstock
Hong Kong property

Kai Tak Stadium lifts Hong Kong’s status as major sports and entertainment venue

The 50,000-seat stadium drives repeat tourism, supports retailers and helps prop up retail property landlords, experts say.

China consumption

Not lovin’ it: Chinese fume at McDonald’s prices, costlier ‘poor man’s meal’

Fast-food giant increases menu items by 0.5 to 1 yuan, testing pricing power in a deflationary market where per-capita dining spending has been plunging.

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