Hong Kong
Hong Kong reclaims status as global hub for lifestyle products
Hong Kong reclaims status as global hub for lifestyle products
The April Lifestyle Fair 2023, hosted by HKTDC, attracted nearly 56,000 buyers from over 130 countries.
Around 7 in 10 restaurants confident about the F&B sector outlook for Q2
Business satisfaction rose to 6.5 from 6.1 in Q4 2022.
Alternative payments account for 43.3% of e-commerce purchases in Hong Kong
Over 90% of Hong Kong consumers have shopped online over the past 6 months.
Creating smarter fashion with AI
Fashion experts say designers can find a friend in AI, debunking fears it would replace humans.
Foot Locker to exit Hong Kong, Macau
It will continue to expand in the region through licenses.
HKTDC unveils latest lifestyle essentials in April 5-in-1 fair
The April lifestyle product shows will take place on 19-22 April at the Hong Kong Convention and Exhibition Centre
Colgate taps foodpanda to expand customer reach
The three-year partnership spans 11 APAC markets.
Giordano attributable net profit up 41.1% YoY in 2022
Its revenue rose 12.4% YoY to $481.1m
Deliveroo invests in upskilling riders
It allotted over $100,000 to provide upskilling opportunities to the riders.
Hong Kong retail sales to climb by 13% in 2023: report
It is projected to amount to HK$395b (approximately US$50.3b).
Food, healthcare products are top gift choices for New Year: report
Shopping cash coupons are also among the top choices.
Businesses should cater to consumers who seek work-life balance
Around 53% of consumers put a strict boundary between work or school and personal life.
About 4 in 5 Hongkongers aim to resume socialising, consumption in Chinese New Year
This came as social distancing measures have been eased.
Hong Kong retail market momentum depends on full border reopening
Retail sales for the first nine months slightly dipped by 1.3% YoY.
Retail street rents to decline 10-15% YoY in 2023
Retailers are not optimistic about the sector’s outlook, according to Knight Frank.
CONCEPT WATCH: Eatology cooks up a ‘halfway diet’ for Hong Kongers
The flexitarian meal plan is for consumers looking to reduce their consumption of animal-based products.
Hong Kong’s toys market thrives despite fewer kids
Hong Kong has the lowest fertility rate in Asia.
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This has already led to improved click and conversion rates for the group.
