Retail

Spending by holiday visitors lags increase in arrivals

Mainlanders are spending more frugally here. Photo: Felix Wong

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 five per cent from last year during the mainland's three-day Labour Day holiday, below the group's forecast of 10 to 12 per cent.

Friday, 3 May, 2013, 5:36am

Government eyes extension of plastic bag levy

Government eyes extension of plastic bag levy

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 except those issued for food hygiene.

1 May 2013 - 5:47am

More fast-fashion chains move into Shenzhen shopping centres

Luxury shopping malls in Shenzhen provide environments just as attractive as those in Hong Kong for the mainland wealthy. Photo: AFP

The flow of shoppers from Shenzhen to Hong Kong is slowing as more international fast-fashion chains open for business in the border city.

17 Apr 2013 - 5:31am

Old Chinese tourist town opposes new entry fee

Fenghuang businesses are upset by a new entry fee imposed on visitors. Photo: SMP

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. They went on strike on Wednesday over the charge.

14 Apr 2013 - 1:56pm 1 comment

Local character 'key to keeping Hong Kong's allure'

Mainland shoppers are increasingly travelling overseas rather than to Hong Kong to buy the latest or limited-edition international brands. Photo: Dickson Lee

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.

12 Apr 2013 - 5:43am

Global brands pause as store sales growth slows on China

Six high-end global retail brands reportedly plan to open 50 outlets in the coming years. Photo: Bloomberg

Global brands have scaled back their expansion plans on the mainland due to slowing growth in retail sales.

10 Apr 2013 - 5:47am

Spending gets boost from Lunar New Year campaigns

Spending on advertising gets boost from Lunar New Year campaigns. Photo: AFP

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.

28 Mar 2013 - 6:31am

Jack Ma sees China online trade entering 'golden age'

Jack Ma, Alibaba Group chairman

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.

21 Mar 2013 - 5:36am

Marc Jacobs aims to make China its biggest foreign market

Bags of ambition: Bertrand Stalla-Bourdillon, chief executive of Marc Jacobs, at an exhibition of the company's wares in Central.

The American luxury fashion label Marc Jacobs plans to triple its marketing budget on the mainland and add more stores, in order to make China its biggest foreign market.

14 Mar 2013 - 4:35pm

Small retailers show big-name stores how to use social media to sell

Facebook has provided home start-up clothes retailer Lolly Wolly Doodle with a platform to sell thousands of items. Photo: AP

Brandi Temple, a 39-year-old mother of four, transformed a living-room hobby into a retailing business that ships 30,000 items of children's clothing a month, using online social tools that giant competitors have failed to master.

6 Mar 2013 - 5:05am

Letters to the Editor, March 4, 2013

Retail rents are high at The Link's malls. Photo: K. Y. Cheng

Michael Chugani in his column has painted a gloomy economic outlook for Hong Kong and his vivid description reminded me of the film Les Miserables and Mencius. When greed reigns, it suffocates sustained economic growth. The birth rate and demographic profile will be deformed and, therefore, in the long run the population pyramid is not healthy.

4 Mar 2013 - 3:27am 1 comment

No buzz for Suning, Germany's Metro

A customer looks at television sets in a branch store of retail giant Suning in Chengdu. Photo: Xinhua

Anyone thinking of getting into China's consumer electronics retailing market might want to think again, following the latest downbeat news from homegrown giant Suning and a joint venture involving Germany's Metro Group.

28 Feb 2013 - 11:20am

Esprit's bottom line sags despite restructuring

Esprit chief Jose Manuel Martinez Gutierrez, left, and executive director Thomas Tang, see a softening in the firm's decline. Photo: Paul Yeung

Jose Manuel Martinez Gutierrez, the new chief executive of Esprit, said he was fine-tuning a HK$18 billion restructuring plan introduced two years ago.

28 Feb 2013 - 4:48am

Letters to the Editor, February 21, 2013

A vendor objects to high rent rises. Photo: David Wong

Without a law to protect homosexuals from discrimination, it is believed this minority group will suffer emotionally, especially in the workplace.

21 Feb 2013 - 5:46am 2 comments

China Digest, February 18, 2013

Sales of consumer goods totalled 1.7 billion yuan (HK$2.09 billion) for the week-long Lunar New Year holiday in Lanzhou, a 21 per cent increase from the holiday last year, Xinhua reports, citing figures from the municipal commerce bureau.

18 Feb 2013 - 4:57am