Hong Kong
Pakpobox raised pre-Series A funding for its smart locker platform
Pakpobox raised pre-Series A funding for its smart locker platform
Pakpobox Hong Kong Limited -- which provides intelligent products, services and solutions based on the Internet of Things -- recently closed its pre-Series A funding round for US$1.2 million led by Infinity Venture Partners, a Japan-based VC. SQ Capital Group and The Aria Group also took part.
Helping Hong Kong SMEs grow online retail sales on Chinese mainland
Small and medium-sized enterprises (SMEs) in Hong Kong can now tap the rapid growth of the Chinese mainland’s B2B e-commerce market by taking advantage of a new online promotion by the Hong Kong Trade Development Council (HKTDC) -- a statutory body dedicated to creating opportunities for the territory’s businesses.
Hong Kong's Harbour City welcomes “art invasion”
Renowned French urban artist Invade brought his art to Hong Kong once again with a new series of 32 mosaic artworks in September 2017. For the first time, he invaded Harbour City, the largest shopping mall in Hong Kong, installing 18 of them on various walls around the mall.
Lancôme pop-up store offers ‘retail-tainment' at Hong Kong International Airport
French luxury beauty brand Lancôme Travel Retail Asia-Pacific launched a Holiday Wonders pop-up concept at Hong Kong International Airport (HKIA) last month.
Tapping wireless security system to enhance customer experience
Checkpoint Systems, a global supplier of merchandise availability solutions for the retail industry, recently announced the launch of a series of revolutionary loss prevention and data analytics solutions at its Innovation Session held in Hong Kong.
Online brand GRANA introduces free returns at 7-Eleven outlets in Hong Kong
Online direct-to-consumer apparel brand GRANA has joined convenience store chain 7-Eleven as their exclusive partner in Hong Kong to roll out convenient free returns for customers, in a move to enhance the online shopping experience for customers with drop-offs to suit their fast-paced lifestyles.
Wearable technology woven into fashion industry's future
The growth of wearable technologies is set to revolutionise the way people connect through smart devices, which will also greatly impact the fashion industry. According to a study by Allied Market Research, the wearable technology market was valued at US$19.6 billion in 2015, growing at a CAGR of 16.2% to reach US$57.7 billion by 2022. The forecast highlights the sector’s potential to boost the overall fashion industry.
Hong Kong Sports and Leisure Expo to debut in July
The inaugural Hong Kong Sports and Leisure Expo will be held from 21 to 25 July at the Hong Kong Convention and Exhibition Centre.
New pop-up store to give Hong Kong fashion brands exposure
Online fashion communication hub Fashionally will set up a pop-up store from 8 to 21 June to promote local fashion brands at designer boutique Wagamama Playground in Causeway Bay in Hong Kong.
Johnson & Johnson expands in Hong Kong market with support
Leading multinational healthcare company Johnson & Johnson announced on Mar 14 that it has appointed DKSH Business Unit Healthcare, a leading market expansion services provider for healthcare companies seeking to grow their business in Asia, to grow its consumer health business in Hong Kong.
Taking stock of retail readiness for the holiday season
As summer gives way to autumn, Hong Kong's retail industry continues to grapple with one of the worst downturns in recent years, and many will be eyeing the end-of-year holiday season and hoping for a change in fortunes for the sector, according to Helen Wong, director, Partner & Product Strategy Asia-Pacic, Verizon Enterprise Solutions.
HK's new property developments to stimulate F&B growth
Growth via the F&B sector is in store for Hong Kong’s emerging districts, said a report published by real estate services provider CBRE. Called Hunger for growth — Unlocking opportunities in food and beverage retail, the report highlights how Hong Kong’s F&B sector has remained resilient despite the weak overall retail market. With numerous commercial and residential development projects planned for the next five years, CBRE predicts that the strong growth momentum of the F&B sector is unlikely to slow anytime soon.
HK-based fashion start-up boosts sales, expands presence with new funding
Grana, an international direct-toconsumer e-commerce fashion retailer, said it is raising US$10 million for its series A round led by Alibaba Group under the Hong Kong Entrepreneurs Fund, with participation from existing investors Golden Gate Ventures and Hong Kong-based MindWorks Ventures to support expansion plans in its highest growth market, the US, and build out its product offering into new categories with sportswear, bags and accessories.
HK the only economy with majority ‘save now' mindset, says survey
Research firm GfK reveals that internationally people with a ‘save now’ mindset outnumber people with a ‘have fun now’ mindset — but the numbers are very close.
‘Kin Hong' festival points way to sustainable seafood consumption
At least 30 restaurants took part last month in the Kin Hong Seafood Festival in Hong Kong.
Easy-to-use frozen fruit ice-cream maker
For retailers searching for innovative kitchen appliances, Hong Kong-based Media Brands is offering a new range of frozen fruit ice-cream makers. Designed for home-makers and culinary enthusiasts, these new ice-cream makers, including model MBG100, are easy to use and clean.
Chow Sang Sang launches eShop to commemorate 80th anniversary
Leading Hong Kong jewellery brand Chow Sang Sang celebrated its 80th year milestone with the launch of an e-shop as part of its omni-channel retail strategy.