Naphjas Inc. |

31 Mar Hong Kong grocers feel pain as locals rush to Shenzhen for cheaper prices; luxury and experiential retailers fare better

Posted at 07:30h in Asia

Improved retail sales last year appear to have helped retail landlords, as the average retail rent rose 4 per cent in 2023, according to government data. This put shop rents just 10 per cent below the pre-pandemic peak in February 2019, S&P said.Pedestrians cross a...

17 Mar Japanese firms snap up retail spaces in Hong Kong, making the most of city’s low rents and residents’ fondness for country’s brands

Posted at 23:30h in Asia

More Japanese brands and retailers are likely to occupy shops in Hong Kong this year, drawn to the city’s more reasonable retail rents, as well as Hongkongers’ affection for anything related to the land of kawaii and sushi.Over the past two years, Japanese businesses have...

04 Mar Gloomy Hong Kong retail sector gets Swiss watchmaker Omega’s vote of confidence as it opens glitzy shops in Central, K11

Posted at 00:30h in Asia

Swiss luxury watchmaker Omega is ramping up its presence in Hong Kong, opening two specialty shops in the city as it bets on long-term success despite slower than expected economic growth and a gloomy retail outlook.The brand, famously known for its Speedmaster and Seamaster watches...

28 Jan Influx of mainland Chinese F&B brands such as Hey Tea, Mixue could provide relief to Hong Kong’s retail property market, analysts say

Posted at 02:00h in Asia

Late one afternoon this month, as customers lined up outside a new high-street shop in Mong Kok for a cup of Mixue Bingcheng bubble tea, Lily Cheng finally ordered her favourite drink after queuing behind nearly a dozen people.“I liked this milk tea brand when...

31 Dec Hong Kong’s luxury retail sector likely to regain ground lost to protests, pandemic in 2024 as high-end brands make a return

Posted at 03:30h in Asia

“Our Central retail portfolio is a global, brand-defining destination and we are seeing several of our tenants eyeing expansion and innovation. We will be announcing exciting plans to innovate and optimise retail space in the Central portfolio in the first quarter of 2024.”The developer has...

Hong Kong Retail Tag

31 Mar Hong Kong grocers feel pain as locals rush to Shenzhen for cheaper prices; luxury and experiential retailers fare better

17 Mar Japanese firms snap up retail spaces in Hong Kong, making the most of city’s low rents and residents’ fondness for country’s brands

04 Mar Gloomy Hong Kong retail sector gets Swiss watchmaker Omega’s vote of confidence as it opens glitzy shops in Central, K11

28 Jan Influx of mainland Chinese F&B brands such as Hey Tea, Mixue could provide relief to Hong Kong’s retail property market, analysts say

31 Dec Hong Kong’s luxury retail sector likely to regain ground lost to protests, pandemic in 2024 as high-end brands make a return

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