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Hong Kong retail

Chinese craft beer maker RichKat taps into Hong Kong’s frothy market

by Anas Siddiqui
Chinese craft beer maker RichKat taps into Hong Kong’s frothy market

RichKat Craft Brewing, a Shenzhen-based beer brand, has opened two pubs in Hong Kong, a move that could benefit the company as the beverage is tipped to become one of …

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Heytea snaps up Mong Kok space as mainland Chinese brands step up Hong Kong expansion

by Anas Siddiqui
Heytea snaps up Mong Kok space as mainland Chinese brands step up Hong Kong expansion

Mainland Chinese brands have been the most aggressive non-local entrants into the Hong Kong retail market so far this year, as lower rents entice popular chains – especially sellers of …

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Mainland retailers struggle to survive Hong Kong’s sky-high rents, fierce competition

by Anas Siddiqui
Mainland retailers struggle to survive Hong Kong’s sky-high rents, fierce competition

Just 100 meters away on the same street, Radish Southward, a mainland restaurant specialising in spicy Hunan food, had closed its doors a few days earlier, just four months after …

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Hong Kong and Singapore retail fortunes pick up, but Lion City could win in the long-term

by Anas Siddiqui
Hong Kong and Singapore retail fortunes pick up, but Lion City could win in the long-term

“Both markets have their own good and not-so-good things,” said Anshul Jain, managing director for India and Asia-Pacific at Cushman & Wakefield. “[But] the Singapore market in the [extremely] short …

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More pain ahead for Hong Kong retailers as residents flock to Shenzhen for cheaper goods, slowing recovery

by Anas Siddiqui
More pain ahead for Hong Kong retailers as residents flock to Shenzhen for cheaper goods, slowing recovery

Hong Kong’s economic recovery is slowly filling up retail spaces in the city, pushing vacancy rates to a three-year low. The rebound, however, is bypassing the northwestern part of the …

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‘No need to be concerned’ about Hong Kong property market as long as city plays to strengths, says JLL global CEO

by Anas Siddiqui
‘No need to be concerned’ about Hong Kong property market as long as city plays to strengths, says JLL global CEO

“There’s no need to be concerned,” he said. “It’s a question of how you can play to your strengths going forward. And therefore I wouldn’t even make that comparison whether …

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

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

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 …

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

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

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 …

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

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

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 …

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

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

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 …

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