Hong Kong’s luxury market losing ground to Mainland China: can it regain its position?
Hong Kong is well-known as a leading financial center, major travel hub and tourist destination: in 2019, Hong Kong had about a hundred million inbound visitors. Hong Kong’s luxury market has long been crucial to the city’s economy, with the total revenue for luxury goods sales reaching 12.92 billion USD before the pandemic. Hong Kong’s […]
Retail in Hong Kong
The Retail Market Overview of Hong Kong : PARKnSHOP, Wellcome, JUSCO, TASTE, city’s super Hong Kong’s retail market is monopolized by two large retail group: PARKnSHOP and Wellcome. War-Mart and Carrefour are not popular at all in Hong Kong. Small supermarkets such as JUSCO, TASTE and city’s super are common in Hong Kong. Focus on […]