TOPIC

Retailing

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.
Illustration: Henry Wong
China consumption

From taboo to trendy: China’s second-hand luxury market cashes in on resale boom

Driven by an uneven recovery and property crisis, value-conscious shoppers are powering a second-hand boom as platforms use tech to verify authenticity and overcome stigma.

E-commerce

Alibaba ramps up China instant commerce push with Cainiao and Tmall tie-up

Hong Kong property

Kai Tak Stadium lifts Hong Kong’s status as major sports and entertainment venue

China consumption

Not lovin’ it: Chinese fume at McDonald’s prices, costlier ‘poor man’s meal’

Fast-food giant increases menu items by 0.5 to 1 yuan, testing pricing power in a deflationary market where per-capita dining spending has been plunging.

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A woman sits on a swing attached to a giant McDonald’s logo in Beijing. Photo: Reuters
Mainland China

Why retailers are beating a hasty retreat from mainland China

Hong Kong retailer Mannings will cease online operations from December 26 and close its physical stores after January 15.

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Hong Kong economy

Hong Kong jobless rate unchanged at 3.8% on back of ‘solid’ economic expansion

Improving consumer confidence, economic growth supporting overall market but some sectors may remain under pressure, labour chief says.

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China economy

China’s elusive domestic demand holds key to revival of faltering economy

Getting Chinese consumers to open their wallets after property-market losses is a tough task for leaders seeking to reheat the cooling economy – it may also be the only option.

Photo: EPA
China consumption

China’s growth engines sputter as retail and investment hit in November

Retail sales grew just 1.3 per cent, with growth momentum slowing for six straight months, and January-November investment fell 2.6 per cent as the property slump persisted.

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Hong Kong property

With luxury absent, new entrants steady Hong Kong retail property

Newcomers from across Asia and Europe take advantage of cheaper rents while big-ticket brands delay major commitments.

China property

Shanghai retail landscape evolves with new malls, shift to experiential shopping

Hang Lung, New World and Swire are renovating and expanding their malls in Shanghai to stay relevant in a competitive environment.

Malls in Shanghai are revamping with new concepts to keep consumers interested. Photo: Reuters
Singapore

As more department stores in Singapore struggle, can they adapt and survive?

The closure of more Isetan outlets comes in the wake of brands like Robinsons, Daimaru and SOGO that have ceased operations in Singapore.

The outlet of the Isetan department store chain at NEX shopping mall, which will close in April next year. Photo: YouTube/Singapore Scenery and Places
Consumers

China’s cautious shoppers continue to challenge consumer brands

Makers of fast-moving goods must look to lower-tier cities for growth as deflation persists, Bain & Co and Kantar Worldpanel say.

Hong Kong property

McDonald’s tastes fat profit in US$9.3 million Hong Kong property sale

Company secures 200 per cent gain in the fourth sale in an initiative to dispose of eight retail spots across the city.

Style Edit

Style Edit: Boghossian opens a high jewellery boutique in Macau

Boghossian opened a flagship boutique in Geneva in 2008, and has since added stores in London, Hong Kong, New York, Monaco and Gstaad.

Pieces from the Boghossian Merveilles collection. Photo: Handout
Hong Kong property

Schiaparelli picks Hong Kong’s Landmark for first flagship Asian store

The fashion house, which is known for its unique and surreal designs, will open its boutique in Hong Kong January.

Hongkong Land’s Landmark shopping centres in Central are undergoing renovation. Photo: Jonathan Wong
Style Edit

Style Edit: Hongkong Land’s Noëlia Christmas village at the Landmark Atrium

Attractions include Baccarat and Christofle installations, a cosy bookshop and cake shop, an interactive wishing lake, and an 8-metre slide.

Hong Kong property

HSBC to occupy over 40,000 sq ft at Hong Kong’s Capitol Centre in 2026

Current tenant Chanel’s three-year lease for the prime retail space in Causeway Bay expires on May 15 next year.

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Hong Kong economy

Editorial | Hong Kong’s October retail sales figures underline need for change

The data suggests sales didn’t keep up with increased tourism. Retailers must do more to adapt to visitors’ new spending preferences.

Tourists from the mainland take pictures in Kennedy Town on the last day of the “golden week” holiday on October 8. Photo: Eugene Lee
Style Edit

Style Edit: Giorgio Armani’s new menswear boutique opens at Pacific Place

The Italian brand’s new menswear boutique joins its other outposts at the Hong Kong Island mall, creating an on-brand immersive experience.

Mainland China

Chinese consumer and tourism firms turn to shareholder perks to stimulate sales

Companies from Sichuan to Anhui offer discounts and free tickets to shareholders amid slowing consumption in mainland China.

China consumption

China delivers record 180 billion parcels in 11 months as shoppers chase deals

Express deliveries have reached as high as 777 million per day in 2025 as China’s consumers turn to cut-price online platforms.

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Parcels are piled up near an apartment building in Beijing during the Singles’ Day shopping festival in November 2020. China’s consumers continue to turn to e-commerce platforms to find cut-price deals. Photo: AP
China consumption

Pursuit of hoppiness: how China’s cash-conscious drinkers embraced craft beers

As discerning alcohol consumers seek ‘wallet-friendly’ products, premium beers are winning out over higher-end options.

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Illustration: Henry Wong
Mergers & Acquisitions

China’s Anta considers bid for Germany’s Puma amid 62% stock slump: sources

Hong Kong-listed Anta has been working with an adviser to evaluate a bid for Puma and could team up with a private equity firm, sources said.

Beauty

8 of the most coveted beauty advent calendars of 2025

The world’s biggest beauty brands – and department stores – are ushering in the holiday season with 24 days of luxe beauty ritual.

Hong Kong economy

Opinion | Why this is not just another retail downturn for Hong Kong

When even Link Reit, the city’s largest retail landlord, is cutting dividends, the downturn looks less like a dip than a shift.

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A mall in Tsim Sha Tsui on July 31. Photo: Jelly Tse
Fashion

8 viral tote bags: Emily Ratajkowski’s Daunt Books tote and more

Trader Joe’s micro bags have brought totes into the conversation again – here are a few that have taken off and are gaining cult status.

Emily Ratajkowski with a Daunt Books tote. Photo: Getty Images
China consumption

China’s liquor capital faces long march to rebirth as ‘liquid gold’ glory wanes

In Maotai town, baijiu producers diversify offerings while expanding to markets such as Hong Kong and Southeast Asia amid a culture shift and economic challenges.

Consumers

Rising down jacket sales offer cushion against deflation in mainland China

Bosideng and other retailers expect winter wear sales to boom for three more months, buoyed by strong demand for high-end products.

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