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Your guide to Hong Kong shopping this weekend, November 22-24
A bonanza of Christmas pop-ups has appeared for those keen to get in the festive spirit. For those eager to get away, a design fest awaits.
3 hours ago
Temu owner PDD sees 10% plunge in pre-market trading despite 44% revenue growth
21 Nov 2024 - 10:39PM
China’s second-richest man blasts Pinduoduo for hurting domestic brands
21 Nov 2024 - 8:30PM
Is Starbucks seeking help from a partner to regain its perk in China?
Starbucks is ‘working to find the best path to growth, which includes exploring strategic partnerships’, according to a statement.
5 hours ago
Apple’s iPhone sales fall during China’s Singles’ Day shopping festival: report
The event’s two-week sales period saw ‘a double-digit, year-on-year decline’ in iPhone sales amid stiff competition from Chinese rivals.
21 Nov 2024 - 6:00PM
China’s stimulus debate reignites questions of who gets what, and how
Better social welfare could increase financial security and encourage spending, while cash handouts could quickly lift consumption, economists say.
21 Nov 2024 - 4:06PM
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Meet the low-profile founder behind Paris’ iconic Collette boutique
Her Parisian concept store was a retail pioneer – now Sarah Andelman helps Pharrell and Chanel take a mindful approach to consumerism.
1 hour ago
Why are consumers in some of China’s smaller cities outspending metropolitans?
People face less daunting financial pressures and lesser debt burdens in smaller Chinese cities, with relatively stable expectations about the future.
20 Nov 2024 - 10:24AM
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Why some Hong Kong shoppers are ditching bargains in mainland China
Quality assurance, political values, human ties and ‘stubbornness’ among reasons they stay home to shop.
20 Nov 2024 - 11:12AM
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Starbucks Malaysia confronts long-term sales decline from anti-Israel boycott
Malaysia’s largest bank has warned that the brand is likely to suffer from long-term slumping sales, despite a booming coffee market.
18 Nov 2024 - 12:14PM
Southeast Asia is the new Singles’ Day battleground as lustre fades in China
Promotions from Chinese e-commerce platforms are infiltrating people’s lives across the region, where e-commerce is seeing explosive growth.
18 Nov 2024 - 12:13PM
China’s luxury market loses shine as Bain study shows spending decline
China’s high-end consumers have had a tighter grip on their wallets this year, with study from Bain & Company showing less luxury spending.
14 Nov 2024 - 3:46PM
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Hong Kong customs seizes 1.3 tonnes of meat, live crabs in smuggling crackdown
Items such as meat and fish were smuggled in dozens of foam boxes that were left unrefrigerated in the street for around 10 hours, authorities say.
13 Nov 2024 - 8:18PM
Alibaba, JD.com claim big win in Singles’ Day sales as consumption picks up pace
The two e-commerce giants reported a large number of active buyers in this year’s edition of the world’s largest annual shopping festival.
13 Nov 2024 - 12:58AM
Alibaba sees Singles’ Day campaign pay off with strong sales in major categories
The top-performing product categories for Alibaba’s Singles’ Day campaign were home appliances, consumer electronics, beauty and apparel.
12 Nov 2024 - 1:37AM
Vietnam threatens to block Chinese retailers Shein and Temu over licences
Fast-fashion retailer Shein has been selling to Vietnam for at least two years. Temu began allowing users in the country to shop last month.
12 Nov 2024 - 10:39AM
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Think the Japanese are all super polite? Not their shoppers
An increase in abusive customers, which in extreme cases has driven workers to suicide, is seeing some Japanese companies take a stand.
10 Nov 2024 - 4:15PM
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From Ikea to Muji, foreign brands still bet big on Chinese consumers
Lifestyle-product retailers are investing in new stores in China, as richer consumers continue to splurge on quality imports.
10 Nov 2024 - 3:42PM
Alibaba gives sellers a sweeter deal as Singles’ Day switch-up bears fruit
China’s largest e-commerce firm was slipping in the war for consumers’ wallets. Then it reshaped its relationship with merchants.
9 Nov 2024 - 2:17PM
L’Oreal strengthens China supply chain to reduce risk of disruption
‘We are working on this programme of localisation, trying to produce as much as we can, where we can in China,’ executive says.
8 Nov 2024 - 5:15PM
5 can’t-miss shopping opportunities in Hong Kong this weekend
Mall puts on fun for its soft opening, a much anticipated sneaker collaboration hits shelves and a Hong Kong jewellery brand has a new line.
8 Nov 2024 - 11:15AM
Bulgari banks on Chinese consumers to fuel luxury growth as economy improves
The Italian fashion brand in the LVMH stable bets on a recovery in the next two years with a plan to open more mainland stores.
7 Nov 2024 - 2:19PM
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Income, job woes still weigh heavy as China targets consumption in 5 key cites
Events will take place in Shanghai, Beijing, Guangzhou, Tianjin and Chongqing in November to coincide with China’s annual Singles’ Day event.
6 Nov 2024 - 7:30PM
Apple offers Indonesia US$10 million sweetener to reverse its iPhone ban
Indonesia’s iPhone ban is an example of the pressure Prabowo Subianto’s government is putting on multinationals to boost local manufacturing.
5 Nov 2024 - 10:38AM
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UK lawmakers could question Shein over workers’ rights early next year
Ahead of a possible London listing, UK trade committee will also look at how to ensure protection against poor labour standards overseas.
5 Nov 2024 - 1:43AM
Alibaba’s Black Friday alternative hits US with AliExpress Singles’ Day sales
Alibaba’s international e-commerce platform is kicking off Singles’ Day sales in the US on Friday and runs through November 18.
4 Nov 2024 - 8:09PM
Shein touted as model unicorn in China’s ‘new quality productive force’ push
Shein, which sells budget clothing to a global customer base, was praised by state media for its contribution to industry upgrading.
3 Nov 2024 - 9:00AM
China’s price-conscious shoppers, hungry for luxury goods, jump on weak yen
Chinese shoppers are opting to make purchases of luxury goods outside China, helped out by sustained depreciation of the Japanese yen.
2 Nov 2024 - 3:10PM
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Retailing
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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last updated:
9 September, 2024
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