Hong Kong - News & Analysis

Aeon Stores Hong Kong, which operates stores in Hong Kong and on mainland China has posted a 6.7% increase in sales revenue to HKD5,158m (US$665.5m) for the six months ended June 30, 2020. Hong Kong revenue up 15.9% YoY Revenue from Hong Kong operations in the first half increased by 15.9% to HKD2,423m YoY. The Group expects to expedite the opening of Living Plaza branches in the third quar...

The world's largest international health and beauty retailer, A.S. Watson, has posted its results for the first half ending 30 June 2020. COVID-19 severely impacts H1 revenue A.S. Watson's retail division is split into five subdivisions, Healthy & Beauty Western Europe, Eastern Europe, China, Asia and Other Retail Total retail revenue fell -11% to HKD73.6bn (US$9.5bn) In local curr...

Li & Fung, which trades convenience chain Circle K in Hong Kong, announced a strategic investment from JD.com to further develop its digital supply chain. The “supply chain of the future” Li & Fung has been working on creating the “supply chain of the future”, which is centred around speed, innovation, and digitalisation, and aims to help its customers navigate the digital economy. JD.co...

Dairy Farm has released its H1 results for the six months ended 30 June. Consolidated sales including 100% of associates and joint venture increased 6% to US$14,547m, but subsidiary sales fell 9% to US$5,240m. Overall performance mixed Sales by the Group’s subsidiaries fell mainly due to the annualised impact of the stores closures in 2019 under the Group’s space optimisation plan in Southe...

Dairy Farm Group, Hang Seng Bank and Jardine Restaurant Group have today launched Hong Kong’s biggest customer rewards club, yuu . Loyalty programme that connects over 10 brands and 2,000 stores The yuu rewards app connects over 10 brands , rewarding customers everywhere they shop and order food from. With over 2,000 shops and restaurants, members will be able to earn more points, in more...

A.S. Watson is introducing Watsons GO contactless payment system in Watsons stores in Hong Kong and Singapore. Digital initiatives accelerated by COVID-19 Watsons GO was recently launched in Hong Kong, allowing customers to scan the bar code of a product with the Watsons mobile app and pay for it directly through Alipay HK. Watsons GO payment system was originally scheduled for release at t...

Don Don Donki, also known as Donki, is opening its third store in Hong Kong. Largest Donki in the market The new Donki store will open on 7 July at 10am on Paterson Street, Causeway Bay (CWB) - the first on Hong Kong Island. It will be much larger than the first  Tsim Sha Tsui  (2,137 sq m / 23,000 sq ft) and second Tsuen Wan (2,415 sq m / 26,000 sq ft) branches, covering 4,459 sq m / 48,...

Pan-Asian retailer Dairy Farm has launched two new concept stores in Hong Kong. New 7-Eleven convenience store concept partnering Carlsberg 7-Eleven has launched a new concept shop in partnership with Carlsberg. The store is located in Discovery Bay, a residential area popular amongst expats on Lantau Island. The concept is the first of its kind in the market. It allows customers to purchas...

Unicorn Stores has opened a new UNY supermarket in KOLOUR shopping mall , Yuen Long, New Territories, Hong Kong. Famous for Japanese products UNY Yuen Long covers 1,672 sq m and has opened in the space vacated by A.S. Watson’s TASTE supermarket. Available to shoppers is plenty of fresh food, frozen and daily groceries, many of which have been imported from Japan. To celebrate the openin...

In response to the Coronavirus (COVID-19) pandemic, convenience operators are implementing measures to ensure everyone has access to the food and consumer goods products they need. We will continue to update this article as the latest initiatives are announced. Latest from UK Co-op is rapidly accelerating its online expansion to more than double the number of stores planned. Find out mor...