Chow Tai Fook Jewellery Group Ltd. (01929.HK) expects to close more shops after it posted a 6 percent drop in sales for this year's second quarter, the Hong Kong Economic Journal reported Friday. Sam ...More
EJ Insight2015-07-10
Retail sales, particularly of watches and jewelry, have been unsatisfactory in June and July, prompting shops to warn that there could be layoffs early next year if the situation does not improve, Sky ...More
EJ Insight2015-07-09
A stronger Hong Kong dollar and a high-profile campaign by activists against parallel goods traders are being blamed for a slump in retail sales in the city during the long Easter weekend. Sales at Em ...More
EJ Insight2015-04-08
Crisis? What crisis? Whoever worries that the gold rush in Tsim Sha Tsui will be over soon amid declining retail figures as mainland tourists shop elsewhere, can take relief at the latest leasing tran ...More
EJ Insight2015-03-11
China's ongoing anti-graft campaign has dampened retail sales of jewelry and other luxury goods in Hong Kong during the Lunar New Year holidays, the Hong Kong Economic Journal reported. Overall sales ...More
EJ Insight2015-02-27
Luxury brands and jewelry retailers in Hong Kong are struggling to regain their growth as deep-pocketed mainlanders are shifting to other overseas destinations for their shopping expeditions. Firms su ...More
EJ Insight2014-12-29
Mainland visitor arrivals in Hong Kong were up 6.8 percent during the Chinese National Day holiday week earlier this month compared to the same period last year despite the Occupy demonstrations, acco ...More
EJ Insight2014-10-17
Hong Kong retailers are cutting prices and formulating other strategies to cope with slower growth amid changes in the consumption behavior of mainlanders and a shift in consumer base, the Hong Kong E ...More
EJ Insight2014-08-11
Travel companies from the mainland are at it again. After a sharp fall in related incidents, mainland tour operators are again skirting a Hong Kong ban on forced shopping, the Hong Kong Economic Journ ...More
EJ Insight2014-05-02
Hong Kong and mainland equities rallied Friday after US stock markets hit record intraday highs overnight. The benchmark Hang Seng Index surged 1.7 percent to 23,032 points and the Hang Seng China Ent ...More
EJ Insight2013-11-15
Hong Kong's retail sales rose 8.1 percent in August, the slowest growth so far this year. Together with the end of the gold-buying frenzy, restrictions on infant formula sales, the implementation of a ...More
EJ Insight2013-10-08
Gold and jewelry retailer Chow Sang Sang Holdings International Ltd. (00116.HK) said China's ban on "forced shopping" trips, a move stipulated under the nation's new tourism ordinance, will benefit co ...More
EJ Insight2013-10-02
