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Joanna Lam
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.
Luxury shopping is about experiencing a build-up of emotions and being able to touch the product in a physical shop, says CEO Raynald Aeschlimann
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.
Survey reveals 97 per cent of businesses in China employ at least one woman in senior management, higher than the global average of 87 per cent.
China’s ageing population expected to mean more sales of annuity and health insurance products as parents try relieve burdens on sole child.
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Merrell and Saucony, the two brands under Wolverine, will each target to open between 400 and 500 stores in mainland China in five years
The flagship Sogo Causeway Bay store saw a 10.5 per cent growth in sales last year while the increase at the Tsim Sha Tsui branch was 30 per cent
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.
The new trend for women to treat themselves to necklaces and rings has changed the jewellery landscape in China
The Tokyo-based retail chain will take over the 15,000 sq ft basement space of Mira Place Two on Nathan Road
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.
More than ever, Chinese tourists are seeking out holiday experiences that can be shared on social media.
Consumer sentiment is being weighed down by the slide in Hong Kong property prices and the unresolved US-China trade war.
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.
Sun Hung Kai Properties reported 9 million visitors at its 15 major shopping malls during Christmas, a rise of 12 per cent on year.
Sino Land has an incentive package on offer at Grand Central in Kwun Tong, including a mortgage rate as low as 2.375 per cent
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.
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.
Survey finds percentage of Gen Z shoppers splurging more than 50,000 yuan a year was much higher than millennials and Gen X
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
Men looking as good as the fairer sex is predicted to become a US$3 billion industry in China by 2022
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
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
