Hong Kong - News & Analysis

22 July 2014
Our team of analysts travel around the world, seeking out the latest in FMCG retail innovation. We have selected some of our favourites from the stores we visited in the first half of 2014. HyperCITY, Mumbai, India Selected by Nick Miles, Asia-Pacific Region Manager One of the most innovative modern trade retailers in India, HyperCITY is pushing the boundaries of format development. Pr...
17 July 2014
Superdrug announced a dip in turnover to £1.01bn in 2013 from £1.02bn in 2012, but continues to improve its offering by launching new dedicated formats. Slight fall in turnover due to drop in high-street footfall Superdrug saw a pre-tax profit of £29m in the year ending December 2013, up from a £4m loss in 2012, and gross margin increased to 40.1% from 39.2%. Superdrug said a reduced footfa...
19 June 2014
Leading Japanese retailer AEON is ramping up its investment in overseas expansion, whilst building scale in the discount format in its domestic market. Discount's growing appeal to Japanese shoppers AEON plans to triple the number of A Colle discount format stores in Tokyo by 2016. At present it operates around 90 stores under this banner: store numbers are set to be boosted to around 250...
12 June 2014
Kruidvat, AS Watson’s drugstore in Belgium and the Netherlands has launched its online store, while in Hong Kong, AS Watson has sold 50% of its travel business.  Kruidvat building online credentials AS Watson’s health and beauty store Kruidvat has launched its online health and beauty store with more than 10,000 items available. Customers who order by 9pm will get next day delivery, with...
20 May 2014
AS Watson owned PARKnSHOP is expanding its e-commerce offering by creating a mobile application for its customers. Numerous features to please all shopping tasks In 2011, PARKnSHOP launched a wine app which was very popular amongst customers. It was the success from this testing that the new supermarket app was created. The new app is bilingual and offers a wide range of features and f...
16 May 2014
Thailand's Central Food Retail, operator of Tops supermarkets, plans to accelerate private label sales at home, as well as sell them overseas through third party retailers, both in Asia and beyond. Selling to retailers overseas The retailer has already sent samples of My Choice Thai snack products to potential retail partners in Singapore, with more to follow in Hong Kong and Dubai, t...
12 May 2014
AEON and its 263 consolidated subsidiaries saw a record increase in operating revenue, up 12.5% to JPY 6.4tn for the year ending 28 February 2014. Operating income declined 10.1% to JPY 171.4bn. Performance by division Supermarkets In 2013 operating revenue was up 4.9% and operating income down -9.6% Focus in the year ahead will be better equipping stores to win in the local area, ...
15 April 2014
In the competitive Hong Kong market, two leading grocery retailers promote brand credentials in their latest marketing campaigns. Wellcome emphasising heritage credentials As Wellcome celebrates its 68th anniversary, the retailer has launched a short film on TV and social media sites to emphasise the brand's long heritage in the Hong Kong market and build an emotional connection with shoppe...
27 March 2014
Hutchison Whampoa, parent company of A.S. Watson Limited, has announced the formation of a strategic alliance with Singaporean state investment company Temasek Holdings. Temasek to purchase 24.9% of A.S. Watson This investment is part of Temasek’s vigorous reshaping of its $170 billion portfolio. Commenting on this, Chia Ong Hwee, Head of the Temasek’s Investment Group said: “ The consum...
14 March 2014
Watsons launched its iWatsons shopping app in Hong Kong, expanding its business scope to ecommerce. Products sold through the app currently are mainly personal care and baby products. Special features of Watsons HK App include: iWatsons only products - products sold exclusively through iWatsons Professional health tips - pharmacists and dietitians sharing health tips DIY health te...