Hong Kong-listed companies have issued almost 50 warnings over the past month about substantial profit declines or losses as the mainland economic recovery continues to look shaky.
- Sun
- May 19, 2013
- Updated: 3:51pm
Trending topics
American Apparel has finally opened its first store in Hong Kong. Shoppers had been teased with a Lane Crawford pop-up shop three years ago, and a local web store that the brand followed up with...
Local businesses have taken to a giant inflatable like a duck to water, with restaurants to curio sellers all riding the waves made by Hong Kong's new attraction.
Fifty-one retail brands set up shop in the city, according to a study by CBRE Global Research & Consulting, which monitored more than 300 new retail openings across Asia-Pacific in 2012.
This year's "golden week", a national holiday, lacked lustre, says the Hong Kong Retail Management Association, whose members run more than 6,700 retail outlets in the city. Retail sales grew...
About 100,000 retail outlets will face fines if they fail to charge customers for plastic shopping bags under a proposed extension of the levy scheme that will cover all goods retailers and bags...
The flow of shoppers from Shenzhen to Hong Kong is slowing as more international fast-fashion chains open for business in the border city.
Shop owners in Fenghuang old town, a popular tourist site in Hunan province , have seen business fall by as much as half since the local government introduced an entry fee for tourists last week....
Hong Kong is losing its edge in attracting mainland shoppers as the city's local character fades from its prime shopping districts, a property consultant warns.
Global brands have scaled back their expansion plans on the mainland due to slowing growth in retail sales.
Spending on advertising in Hong Kong grew modestly in the first two months of the year to HK$6.2 billion, driven by campaigns for the Lunar New Year shopping season.
Alibaba Group chairman Jack Ma Yun predicts that the mainland's e-commerce market is entering a "golden age", which will see 30 per cent of total retail sales moving online in the next five years...
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