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 [……
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 [……
Chinese visitors to South Korea are buying less from global luxury mainstays like Louis Vuitton and Chanel in favour of cheaper homegrown brands, as young, independent travellers make up a bigger shar…
Sogo department store operator Lifestyle International’s decision to splash out HK$7.4 billion for a plot of land in Kowloon on which to build a massive shopping complex comes at a time when the city’…
Whatever happened to the great Chinese consumer? It’s a question executives at Marks & Spencer Group Plc are asking themselves as the British retailer moves to shutter its 10 stores in Chin…
Hong Kong fashion group I.T boosted its appeal among young Chinese consumers increasingly keen on cool and niche brand names.…
ContactLab’s research ranks Chinese travelers second in terms of the proportion of spenders who buy luxury goods abroad, finding that 40 percent of Chinese consumers’ luxury spending occurred overseas…
Consumers in the greater China region are snapping up premium Japanese fruits — and paying a premium for them.…
Retail sales in Hong Kong fell by 10 per cent in the first seven months of the year, compared with the same period in 2015, with purchases of jewellery and watches declining by 22 per cent.…
Victor Fung, group chairman of Fung Group, shared his thoughts on what’s driving Chinese innovation at The Economist’s Innovation Summit in Hong Kong.…
Dalian Wanda group Friday signed a co-development deal to build a theme park costing $9.4 billion (RMB63 billion) in the northern Chinese city of Jinan. The deal was signed with the government of the …