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The first IKEA store will open in Macau tomorrow (April 23). However, due to the Coronavirus (COVID-19) outbreak, the store will use an appointment registration system to limit the number of people from entering at any given time.

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Beauty-products retailer, Sa Sa International, has posted its Q4 results. Group turnover fell 56.5% to HKD892.4m (US$115.1m). Multiples factors impacting turnover The significant decline in Group turnover was partly due to the closure of Sa Sa’s Singapore business. Sales to mainlanders in Hong Kong and Macau fell 80.8%, as consumer sentiment and travel restrictions following Coronavirus (CO...
A.S. Watson has posted its annual results for the year ended 31 December 2019. Total retail revenue was up 4% in local currencies, but flat at HKD169.2bn (US$21.8bn) after foreign currency translation impacts. Results summary – revenue up across all H&B divisions in local currencies  Total retail revenue (H&B segments and Other Retail), EBITDA and EBIT of HKD169.2bn (US$21.8bn), HKD16.9b...
Despite challenging trading conditions, Hong Kong-based Convenience Retail Asia (CRA) has posted a robust set of annual results, with Group revenue increasing by 5.9% to HKD5,632m (US$724.8m). Revenue and profits up despite tough trading conditions Overall increase in revenue was mainly attributed to a 6.1% growth in comparable-store sales for the convenience store business (turnover increa...


We review A.S Watson’s current performance, plus progress against key strategic objectives.
We visited Macau to see Royal Supermarket’s flagship Morais store for inspiration, as well as Royal Supermarket Mesquita, recently renovated and downsized to drive better performance.
We summarise learnings that can be taken from how retailers, suppliers and shoppers in Asia have responded to some of the challenges raised by Coronavirus (COVID 19).
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