Hong Kong - News & Analysis

24 March 2015
With the theme ‘ Collaborating for a better future ’, The 14th Efficient Consumer Response (ECR) Asia Pacific Conference has brought the elites from the retail and consumer goods industry together. We have summarised four key takeaways from the first day of the conference. Collaboration between retailers and manufacturers is a key success factor Collaboration between retailers and manufact...
20 March 2015
China Resources Enterprise (CRE) announces full year retail sales growth of 15.1% to HK$109.5bn, whilst reporting a loss of HK$1.4bn down -285% on the previous year. Tesco JV and tough trading environment hit hard on profit The main challenge for CRE in the last year have been two-fold: firstly, slowing economic growth in the Chinese market, which has effected both CRE and its key competito...
20 March 2015
In an exclusive interview just before the ECR Asia Pacific Conference, IGD has been speaking to Alex von Behr, Unilever’s Chief Customer Officer to understand his view on the industry and catch a sneak peak of his speech at the conference. Mr. Alex von BEHR Global Chief Customer Officer - Unilever As Unilever’s Global Chief Customer Officer, Alex leads a cross-functional team based ...
19 March 2015
In an exclusive interview just before the ECR Asia Pacific Conference, IGD has been speaking to GS1 HK's Anna Lin to understand her view on the Asia retail market and the Conference. Ms. Anna LIN, J.P. Chief Executive, GS1 Hong Kong Ms Anna Lin joined GS1 Hong Kong in 1989. As the Chief Executive of GS1 Hong Kong, Ms Lin is responsible for the overall management and development of th...
02 March 2015
M&S' latest international plans show how the retailer has a clear growth strategy for its priority markets of China, Hong Kong and Macau. China: modernisation and new key cities M&S will be closing five of its stores in the greater Shanghai region by August 2015, instead focusing on its flagship store on West Nanjing Road which is set to be completely modernised this autumn. The update ...
05 February 2015
In 2014, the value of total sales of goods in supermarkets in Hong Kong rose by 4.6% over 2013, posting much better results than total retail sales from all retail outlets,-0.2%. Last year, the sales from supermarkets grew by 6.8% and total retail sales grew by 11.0% compared to 2012. Besides supermarkets, speciality stores did well too. Sales of stores selling fresh fruit and vegetables grew by...
14 October 2014
We round up the latest news on M&A activity and format development from Alfamart, 7-Eleven and Circle K. Alfamart forms closer ties with Alfamidi Sumber Alfaria Trijaya, parent company of the Indonesian convenience chain Alfamart plans to increase its stake in Midi Utama Indonesia, operator of Alfamidi, Alfa Express and Lawson stores. Shareholders are due to meet on 22 October to approv...
18 September 2014
A.S. Watson has invested in an ‘eLab’ to develop its ecommerce and digital capabilities, in keeping with the evolving health and beauty customer. eLab to develop capabilities in market A.S. Watson has invested HKD$60m (£37m) in an innovation ecommerce lab, with input from an 80-strong team of digital specialists from across its top four markets – Italy, UK, Hong Kong and China. The group...
28 August 2014
Fiona Power looks at how A.S. Watson caters for a range of customers in the UK health and beauty market and how it is targeting shoppers through its new dedicated store formats. Savers drives H&B discount sales Savers revealed sales up 15% to £247m for 2013 with a pre-tax profit of £9m in 2013 up from £7m in the previous year according to the accounts filed at Companies House. Its store cou...
01 August 2014
As it reports another mixed performance across its pan-Asian portfolio, Dairy Farm emphasises its investment in stores, infrastructure, supply chain, and people. Group results headlines Sales increased by 5% to US$6.3bn Like for like sales growth in most major markets All divisions reporting sales increase in H1 Underlying profit behind last year Tough challenges for food...