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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.
Customers check out products at a retail store in Kochi, India. Photo: Reuters
Middle East

Asia-Pacific to lead global retail sales, weather Middle East conflict

The region is projected to contribute to two-thirds of global new retail sales over the next five years, fuelled by e-commerce.

Hong Kong economy

Opinion | For airport city to take off, Hong Kong must learn from 11 Skies failure

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Icons and Influencers

‘Spray 100 times’: inside TikTok’s wild new world of men’s fragrance

Architecture and design

Marcel Wanders: from knotted chairs to Moooi’s new Shanghai showroom – interview

The Dutch designer champions fun over mere functionality as he introduces the Moooi brand to China and aims to explore cultural individuality.

Marcel Wanders believes that design is not about how well a product functions – it’s about culture, creating something unique and not following other people’s rules. Photo: Handout
China’s private sector

The big scoop: lemon tea chain to revamp Haagen-Dazs’ struggling China business

General Mills is offloading the ice cream brand’s mainland China stores, as foreign businesses revamp models amid heated domestic competition.

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Style Edit

Style Edit: Hublot unveils new boutique at The Venetian Macao

To mark the occasion, Hublot is also introducing the Big Bang Ceramic Carbon timepiece – exclusively available in Greater China.

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China property

Food Republic joins wave of foreign brands retreating in China

Singaporean operator leaves capital after 25 years as food court model loses favour amid rise of food delivery, shopping-mall evolution.

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Following the Beijing closure, only four Food Republics will remain in China, all in Shanghai. Photo: Handout
China’s private sector

A new battlefront for KFC and its Chinese rivals: the lighter meal

Big-name fast-food chains are seeking to capitalise on a surge in demand in China for lighter meals.

Japan

Founder of Japan’s 7-Eleven chain Toshifumi Suzuki dies aged 93

The ‘father of the convenience store’ was the first to come up with the idea of selling onigiri at 7-Eleven outlets.

Banking & finance

Millions of Chinese consumers ditch their credit cards amid weak retail spending

Banks report there are 120 million fewer active credit cards in China with 687 million customer accounts, a dramatic drop from 2022’s peak.

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Chinese consumers are spending cautiously with 120 million fewer active credit cards users than a peak in 2022 as the nation experiences a slow economy. Photo: AFP
Hong Kong property

Hong Kong to see more mainland Chinese brands enter retail market, analysts say

In the first four months of the year, more than one fifth of new entrants in the city’s retail market were mainland brands, according to JLL.

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Last year, Mao Geping Cosmetics opened its first outlet in Hong Kong at Harbour City in Tsim Sha Tsui. Photo: Li Cao
Fashion

Chinese fast-fashion juggernaut Shein to buy eco-friendly Everlane

The ‘jarring’ takeover bid arrives at a time when Everlane is struggling with weak sales and higher debt.

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Mergers & Acquisitions

Li Ka-shing’s CK Hutchison rules out sale of Hong Kong supermarket ParknShop

Chain operator’s executive dismisses speculation of a tie-up, and praises staff amid an ‘extremely competitive environment’.

Hong Kong property

Hong Kong property upswing poised to hold despite interest rates risk: Moody’s

Lower mortgage rates, surging rents and demand from talent inflows and buyers from mainland China to sustain recovery, agency says.

Home prices are expected to increase in 2026, according to Moody’s. Photo: Sam Tsang
China consumption

China’s unexpected retail slowdown shows Hormuz strains

Retail sales growth slumped in April, industrial output cooled and fixed-asset investments tumbled as high oil prices hit China’s economy.

Photo: VCG via Getty Images
Style Edit

Style Edit: Hermès’ revamped Elements store is a cosmology-inspired escape

The maison’s revamped boutique in West Kowloon layers phoenix-inspired ceramics, stylish salons and curated art into a calm, fable-inspired setting.

Hong Kong property

Fresh concepts lift Hong Kong retail property as tourists and consumers return

Landlords betting on a diversified tenant mix – from pop-ups to ‘sportainment’ – to sustain growth in retail property market, analysts say.

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Hong Kong economy

Scalpers list Swatch-Audemars Piguet watches hours after launch in Hong Kong

Dozens braved rain and queued for days to snap up ceramic pocket watches, with resale prices nearly seven times their retail value.

People queue up outside the Swatch store on the first day of the “Royal Pop” collection sale in Tsim Sha Tsui. Photo: Edmond So
Hong Kong economy

Hong Kong Airport Authority takes over 11 Skies retail from New World: sources

Authority says it continues to communicate closely with New World about 11 Skies project, and is going ‘full steam’ ahead with development.

Fashion

How sneakers got a fashion upgrade

Blackpink and Reese Witherspoon are fans of stylish sneaker brand Autry, while Løci’s fans include Nicki Minaj and Leonardo DiCaprio.

Style Edit

Style Edit: Tiffany & Co. brings New York flair to Hong Kong’s Lee Gardens

The American jewellery house’s CEO and president Anthony Ledru on how the city’s vibrant hospitality culture makes Hong Kong a priority for the brand.

Tiffany & Co.’s new Lee Garden store in Hong Kong will open its Blue Box Cafe in June. Photo: Handout
Hong Kong property

Hong Kong’s Tsim Sha Tsui tops Asia luxury retail rents – but loses global crown

City’s luxury retail shows resilience with rising tourist arrivals and new store openings despite global slowdown, according to Savills.

Shoppers queue and snap photos in Tsim Sha Tsui in early May. Photo: Jelly Tse
Fashion

Chloe Chen’s Repulse Bay boutique blends vintage charm with modern elegance

Chloe Chen has loved vintage since she was young, and her Repulse Bay boutique is filled with Hermès bags and handmade ceramics amid a chic, homelike setting.

Hong Kong economy

Hongkongers pack major supermarkets amid ‘price war’ on eve of Mother’s Day

ParknShop and Wellcome offer 12 per cent off purchases, while HKTVmall tries to lure customers with up to 15 per cent off at physical stores.

China-EU relations

Tall story? Sophie la Girafe, France’s national toy, revealed to be Chinese-made

The maker of Sophie la Girafe reportedly ran a ‘fake’ factory in France for years, while secretly producing the iconic toy in China.

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Sophie la Girafe, the national toy of France, is actually manufactured in China, according to an investigation by a French media outlet. Photo: Sophie la Girafe
China consumption

Shenzhen’s economic dilemma: soaring GDP, stagnant consumption

Shenzhen’s retail sales barely rose in the first quarter despite strong GDP growth, a sign of the Chinese tech hub’s unbalanced development.

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People shop at CoCo Park in Shenzhen last month. Photo: Edmond So
Hong Kong property

Hong Kong residential property upturn drives recovery in office, retail sectors

Shop rents will ‘turn positive by year-end’ but likely post a 3 per cent decline for the entire year, Morgan Stanley says.

China property

Shenzhen office market gains steam on tech and services demand

Leasing activity in core districts is picking up, driven by tech occupiers, but analysts warn oversupply will keep vacancies elevated.

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