https://www.scmp.com/rss/521471/feed Annie Tse Yau On-yee is a leading figure in Hong Kong’s retail sector. As Chairwoman and CEO of Tse Sui Luen Jewellery, she has guided the company through significant challenges. As Chairwoman of the Hong Kong Retail Management Association, she actively advocates for the industry, addressing declining sales and promoting initiatives like the Hong Kong Shopping Festival. She also contributes to various government and industry advisory bodies. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Leopold Chen Leopold Chen Hong Kong’s retail sales rose 5.5 per cent year on year in January, with authorities crediting inbound tourism for supporting the sector. Provisional figures released by the Census and Statistics Department on Wednesday showed sales reached HK$37.3 billion (US$4.77 billion) in January, marking the ninth straight month of growth since May 2025, after 14 consecutive months of decline. The increase ended a four-month streak of growth above 6 per cent, but the government cautioned that the slower... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3345412/hong-kongs-retail-sales-rise-55-january-tourists-loosen-purse-strings?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3345412/hong-kongs-retail-sales-rise-55-january-tourists-loosen-purse-strings?utm_source=rss_feed Wed, 04 Mar 2026 09:07:55 +0000 Edith Lin Edith Lin More than 1.4 million mainland Chinese passenger trips were made to Hong Kong during the National Day “golden week” holiday, official data has shown, but the number still fell short of the city government’s expectations of nearly reaching pre-pandemic levels of 1.52 million. While Hong Kong retailers and caterers reported business growth of up to 20 per cent year on year during the break, a sector representative said on Thursday that tourists’ spending power had remained weak. According to the... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3328315/14-million-mainland-passenger-trips-made-hong-kong-over-golden-week-holiday?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3328315/14-million-mainland-passenger-trips-made-hong-kong-over-golden-week-holiday?utm_source=rss_feed Thu, 09 Oct 2025 04:29:14 +0000 Wynna Wong,Lo Hoi-ying Wynna Wong,Lo Hoi-ying Hong Kong’s unexpectedly robust retail sales in August were bolstered by a surge in tourism and a strong local stock market but recovery remains uneven, with businesses of popular consumer goods preparing for potential price wars driven by the lower cost of living across the border. Government figures released on Thursday showed retail sales grew by 3.8 per cent year on year, marking a fourth straight month of growth. It followed 14 consecutive months of decline from March 2024 to April 2025 and... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3327683/have-hong-kongs-retailers-turned-corner-after-augusts-sales-surge?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3327683/have-hong-kongs-retailers-turned-corner-after-augusts-sales-surge?utm_source=rss_feed Fri, 03 Oct 2025 00:30:11 +0000 Lam Ka-sing Lam Ka-sing A recent improvement in Hong Kong’s retail sector spilled into July, with sales rising by 1.8 per cent year on year in a sign that the industry had stabilised, the government said on Monday. According to the Census and Statistics Department, the increase marked the third month in a row of growth following 14 consecutive months of decline. The 1.8 per cent increase in retail sales, to HK$29.7 billion (US$3.8 billion), was bigger than the revised 0.7 per cent year-on-year rise in June. A... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3323919/hong-kong-retail-recovery-rolls-third-month-july-sales-rise-18?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3323919/hong-kong-retail-recovery-rolls-third-month-july-sales-rise-18?utm_source=rss_feed Mon, 01 Sep 2025 08:55:40 +0000 Jiang Chuqin Jiang Chuqin Hong Kong’s retail sales in May jumped by 2.4 per cent year on year, reversing a 14-month contraction, with the uptick boosted by a surge in visitors during mainland China’s Labour Day “golden week” holiday. Provisional figures released by the Census and Statistics Department on Wednesday showed total retail sales in May reached HK$31.3 billion (US$3.9 billion). The figure represents the first time sales have grown since February 2024, when the city recorded an increase of 1.9 per cent year on... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3316656/hong-kongs-may-retail-sales-24-ending-14-month-contraction?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3316656/hong-kongs-may-retail-sales-24-ending-14-month-contraction?utm_source=rss_feed Wed, 02 Jul 2025 09:23:39 +0000 Joshua Kwok Joshua Kwok Hong Kong consumers can expect to enjoy deals and discounts at more than 8,800 stores and restaurants as part of celebrations to commemorate the 28th anniversary of the city’s return to Chinese rule on July 1, amid a sluggish economy. The Hong Kong Catering Industry Association said more than 3,800 food and beverage establishments would provide discounts on the occasion, while the city’s Retail Management Association said 5,000 stores would launch a two-month shopping festival on the same... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3316109/hungry-savings-hong-kong-restaurants-shops-offer-july-1-anniversary-deals?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3316109/hungry-savings-hong-kong-restaurants-shops-offer-july-1-anniversary-deals?utm_source=rss_feed Fri, 27 Jun 2025 09:16:43 +0000 Edith Lin Edith Lin Former Hong Kong leader Leung Chun-ying has urged landlords to lower rents as the city’s commercial property vacancy rate hit a 40-year high and retailers cried foul over being forced to close businesses to stem losses. But market observers said on Friday that many landlords were willing to reduce rents, except for highly sought-after shops in prime locations, with some noting that retailers also had the responsibility to reinvent their offerings. In a social media post on Thursday, Leung... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3316058/cut-rents-now-or-miss-out-cy-leung-tells-hong-kong-landlords?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3316058/cut-rents-now-or-miss-out-cy-leung-tells-hong-kong-landlords?utm_source=rss_feed Fri, 27 Jun 2025 05:34:04 +0000