Hong Kong - News & Analysis

20 March 2019
TVB's Big Big Shop has partnered Convenience Retail Asia to allow shoppers to collect online purchases at Circle K stores in Hong Kong. Offering shoppers greater convenience The partnership between TVB and Convenience Retail Asia (CRA) was signed earlier this week. Shoppers using Big Big Shop, launched in July last year, will be able to collect at Circle K stores. With a network of 337 stor...
14 March 2019
Hong Kong-based Convenience Retail Asia (CRA) has posted a solid set of annual results, with Group revenue increasing by 4.4% to HKD5,320m (US$677.7m). Revenue and profits up despite challenging trading conditions Increase in revenue was mainly attributed to a 2.9% growth in comparable-store sales for the convenience store business and sales at Zoff. Core operating profit grew 17.5% to HKD2...
12 March 2019
A.S. Watson and L'Oréal's AI and AR firm ModiFace have launched a virtual makeup service. Technology driving online and offline integration L'Oréal continues to work with A.S. Watson to develop better beauty experiences for shoppers. Last year, the two businesses launched ColorLab by Watsons . Now, they have launched a new technology that allows shoppers to discover and test makeup in...
28 February 2019
Dairy Farm has reported its 2018 annual results. Performance of its Health and Beauty segment was strong, but its Food business saw further decline. Annual sales up 4.1% Dairy Farm posted sales growth of 4.1% to US$11.7bn for the fiscal ending. Consolidated sales including joint ventures and associates increased 0.6% to US$21.9bn. During 2018, the retailer  sold its Giant hypermarket  sto...
14 February 2019
Japanese discount operator, Don Quijote (known as Donki) is launching its first stores in Thailand next week and in Hong Kong in July. A fun and vibrant banner... Don Quijote is well-known for its fun, ceiling-hanging merchandising, colourful and eclectic mix of products in-store, e.g. costumes, general merchandise, food and grocery, cosmetics and souvenirs. Donki's grand opening in Thai...
17 January 2019
A.S. Watson has provided details of how it has successfully used predictive modelling to help brands successful launch products in its stores. It has shared two examples, Maybelline and Jeffree Star Cosmetics. Working closely with brands A.S. Watson (ASW) has strengthened its long-term partnership with Maybelline in Watsons Thailand, while it has launched Jeffree Star Cosmetics exclusively ...
11 January 2019
Health and beauty retailer, A.S. Watson, will open its first store in Vietnam on 17 January 2019. Store to be opened in Ho Chi Minh The store will be located in Bitexco Financial Tower in District 1, Ho Chi Minh City. It is the tallest building in the city. The area is well visited by tourists due to its magnificent views on the Sky Deck. It is also known for its luxurious offices. More ...
14 November 2018
Dairy Farm has reported mixed results for Q3, pulled down by challenges in the food division. Strong growth in health and beauty The retailer reported strong sales and profit gains in Hong Kong and Macau. The retailer also saw improvement in its Southeast Asian businesses, especially in Malaysia and Indonesia. Food business profits decline Both sales and profits were down in several m...
01 November 2018
A.S. Watson continues to digitally transform its business around the world. Its latest initiatives are to launch a Watsons Mini Store in China and Watsons Pay in Taiwan. Watsons Mini Store to support O2O In China, Watsons has also launched Watsons Mini Store, a WeChat Mini Program that enables shoppers to share in-store experiences via social media and create a more seamless online and offl...
18 October 2018
CK Hutchison's retail division A.S. Watson and telecom subsidiary 3 have partnered China’s Meitu to launch a new platform that integrates social media and retail. Partnership to enhance shopper experience The new platform will combine beauty with social media, with the companies drawing on their expertise in retail, telecom and AI technology to provide shoppers a better online and offline s...