Despite a steady flow of mainland Chinese tourists to the territory, there is scant relief for Hong Kong retailers as these consumers are tightening their purse strings. November retail sales [……
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Retail in Asia’s top 10 stories of 2016
Despite the tough and challenging retail environment in Asia, retailers are innovating more than ever to capture their audiences, whether through new technologies or forms of crowd-drawing entertainme…
S. Korea’s retail sales gain 8.4 percent in October
The ministry attributed the nationwide shopping event, the Korea Sale Festa, which ran through October, as the cause behind the uptick.…
China Jan-Oct retail sales up 10.3 percent
China’s retail sales of consumer goods grew 10.3 percent year on year in the first 10 months this year, slightly down from 10.4 percent for the first three quarters, official data showed Monday.…
Korea’s Eland aims at 10 shopping centres in China in 2016
Eland started tapping the shopping centre market in China from January 2016 and is hoping to transform traditional department stores into city outlets.…
Coccinelle grows travel retail business in 2016
Luxury accessories brand Coccinelle has developed its travel retail business this year with more than 30 openings in Europe, Russia, Asia Pacific and the US.…
S. Korea’s retail sales in July rise on improved consumer sentiment
South Korea’s major department stores and discount chains saw their sales rise sharply in July from a year earlier, government data showed on Aug 30.…
Japan retail sales show signs of improvement in July
Retail sales in Japan during July 2016 showed signs of improvement, a possible indication that consumers may become less cautious about spending despite slow wage growth and uncertainty over the globa…
15 retail events in Asia to attend in 2016/17
Whether you work in travel retail, online retailing, brand marketing or mobile payments, there are plenty of retail events in Asia to choose from in 2016 and 2017.…
Will the Rio Olympics boost retail spending?
With the Euro 2016, Wimbledon and Rio Olympics all held back-to-back, will this have any effect on retail spending?…