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Joanna Lam
Joanna Lam
Hong Kong
Reporter, Business
Joanna Lam covered consumer markets, companies and properties for the Post from 2017 until 2020. Prior to her role on the business desk, she worked at The Standard, Hong Kong Tatler and The Peak magazine. She has a degree in English language and communication from Cardiff University.

Hong Kong is the world’s most expensive city to live in, die in and – guess what – get hitched in. The average cost of getting married in the city rose by 10 per cent last year to HK$360,577.

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When Estée Lauder crossed US$1 billion in sales and L’Oréal reported a 25 per cent growth in sales in Asia-Pacific in the quarter ending in December, their efforts in the region – especially mainland China – appeared to have paid off.

Affluent Chinese consumers have for years shown a preference for global brands. But with growing sophistication in tastes and a penchant for unique styles, the well-heeled are increasingly moving towards high-end Chinese designers.

Hong Kong’s compulsory pension scheme, the Mandatory Provident Fund, reported its lowest annual return since 2011, amid a slump in the Hong Kong and mainland China stock markets, according to Refinitiv, the former risk and financial business of Thomson Reuters.

The postponement of the flagship store comes as Canada Goose has emerged as one of the highest-profile business casualties in the diplomatic flare-up between China and Canada.

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The destruction of D&G’s brand value in China is a lesson for foreign firms on marketing missteps, the power of social media, and crisis response in China.

Hong Kong-listed jewellery chain reports operating profit surged 24.7 per cent to HK$2.989 billion (US$382.09 million) for the six months ended September 30 Unveils plans to further expand in the mainland by opening shops in lower tier cities under franchised model

On Saturday, 103, 231 mainland Chinese visitors crossed the Hong Kong-Zhuhai-Macau Bridge on their way to the city, and this has led some market watchers to believe an influx in tourists will rejuvenate Hong Kong’s retail leasing sector.

British luxury brand Burberry taps the young and tech-savvy consumers in China, Japan and South Korea through its monthly debuts on WeChat, Line and Kakao mobile chat apps.

Parent-child travel becomes the new favourite travel theme among China’s ultra rich, fusing the demand for luxury homestay rentals and holiday homes purchase

In light of market slowdowns in Europe and the US, the American sports retailer is expanding its athletic-goods empire into Hong Kong for the second time, alongside other booming Asian markets like Singapore and Malaysia

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Luxe brands ramp up their e-commerce game in China as they vie to create buzz with digitally-driven Chinese millennials – the key growth-driver of the fast-paced and booming market

Backed by the Gemological Institute of America, digital-savvy diamond shoppers can now ascertain the origin and authenticity of stones sold by the Hong Kong jewellery chain using an app

China’s highly fragmented lingerie market is expected to reach around US$64.69 billion by the end of 2022, with over 3,000 foreign and domestic players battling each other to maximise their market share