Vacancy rates in Sheung Shui and Yuen Long in the northwestern part of city have risen as locals prefer to shop across the ...
The exports of Swiss watches have recorded their most substantial drop since 2020, with a significant decrease in demand for high-end timepieces in key markets such as China and Hong Kong.
Distressed Chinese developers trying to sell luxury apartments at a new complex in Hong Kong have begun slashing prices by almost half amid mounting debt repayment pressure and intensifying ...
I write about evolving consumer behavior and its impact on retail. Duty-free in ... luxury shoppers even within airports. Last year, Hong Kong airport launched its digital luxury platform ...
The global luxury goods market is expected to increase from US$354.8 billion in 2023 to US$418.9 billion in 2028, at a CAGR of 3.4%. Even though cutbacks on discretionary spending and an uncertain ...
The luxury goods industry runs on inspiring a distinct sense of quality, tradition, and exclusivity, and the shopping experience has an integral part in communicating this. Conventionally ...
Opinions expressed by Forbes Contributors are their own. I write about consumer trends shaping the future of retail. The luxury retail market is undergoing a transformation, with sales in the ...