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Retailingi

Latest news and features on retailing with a particular focus on Hong Kong, mainland China and Asia, covering consumer goods and services, retail strategies, shopping habits, sales results and trends.

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  • The Beijing-based company reported US$36 billion in first-quarter sales, beating analysts’ estimates
  • It also reported a total of US$1.3 billion worth of shares repurchased during the period from January 1 to May 15

Temu often fails to provide consumers with crucial information about the sellers on its platform and safety standards of products, according to the complaint.

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The French brand just announced that it will present its collection again in an exclusive staging in Hong Kong – we spoke to president of fashion, Bruno Pavlovsky, about the news

Hoka, the running shoe brand known for its thick soles, is opening two stores in Hong Kong this year as it ramps up its presence in Asia amid a fitness and health boom.

Japan is known for its innovative companies and whether they’re in fashion, technology or an industry in between, the CEOs of these forward-thinking firms are among the country’s richest residents

Launched in partnership with a local tech group, ShoppyHub.mn aims to offer products from Chinese manufacturers on Alibaba’s wholesale marketplace 1688.com.

A pop-up store selling merch of K-pop superstars BTS in Seoul has drawn members of the band’s Army fandom from around the world, despite them being away doing their military service.

Mainland China-based chains including Lam Heung Ling, Jo’s Cha, Linlee, The One Lemon Tea and LMM have set up shops in Hong Kong recently. Analysts assess their chances.

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Simon Wong, president of Hong Kong Federation of Restaurants and Related Trades, says visitor numbers below expectations compared with pre-pandemic levels.

The leadership reshuffle at Huawei’s consumer business group comes as the company regains lost ground in China’s smartphone market and doubles down on electric vehicle systems.

Yum China Holdings, which owns the KFC and Pizza Hut restaurant chains in mainland China, plans to open more stores in ‘untapped’ parts of the country where it hopes its low-price strategy will appeal to vast numbers of less affluent customers.

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Hong Kong SMEs’ confidence in the second-quarter business outlook has improved slightly, but it remains well below the year-earlier level when confidence soared on the back of border reopening, survey shows.

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Louis Vuitton is returning to Times Square, three years after the French luxury brand shut its store, a sign of a brighter outlook for Hong Kong’s luxury retail market.

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Austrian crystal maker Swarovski has launched a lab-grown diamonds collection in China, in a sign that it has confidence in its second-largest market by sales despite some economic turbulence.