Topic

Consumersi

News about consumer spending and shifting shopping habits from around the world with a focus on developments in Hong Kong and mainland China.

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  • Causeway Bay and Mong Kok are the first two locations for Hoka’s exclusive outlets in Hong Kong, while a third location is still under consideration
  • Hoka’s expansion is riding on the estimated 10 per cent growth in the sportswear market in Asia between 2023 and 2027, higher than the rest of the world

Popular chain Bakehouse and long-time operator Kee Wah Bakery hope new rules will help them deliver made-in-Hong Kong goods to hungry consumers across the border.

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The company is investigating how rodent parts got into packets of sliced ‘chojuku’ bread, but says it is unaware of anyone failing sick after eating it.

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The Labour Day holiday saw a surge of tourism in China, setting records and providing a boost to consumption at a time when the country is looking to solidify its economic recovery.

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Beijing has introduced measures aimed at boosting inbound tourism, including visa-free travel for a number of European and Southeast Asian countries.

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More than 46 per cent of urban residents polled by People’s Bank of China say job market is ‘uncertain’, while 62 per cent aim to save more, in continued challenge for policymakers counting on domestic consumption to propel the economy.

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Mainland China-based chains including Lam Heung Ling, Jo’s Cha, Linlee, The One Lemon Tea and LMM have set up shops in Hong Kong recently. Analysts assess their chances.

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A growing ‘she-conomy’ in China is leading to the working-age female population playing a leading role in personal spending and family purchases amid Beijing’s shift away from an investment-led growth model.

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China’s top three premium EV makers posted mixed sales last month, as companies remain entrenched in a price war in the world’s largest car market that shows no signs of ending.

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Yum China Holdings, which owns the KFC and Pizza Hut restaurant chains in mainland China, plans to open more stores in ‘untapped’ parts of the country where it hopes its low-price strategy will appeal to vast numbers of less affluent customers.

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Police and Department of Health mount joint operation in Yau Tsim Mong district, arresting trio, aged between 29 and 33, for alleged illegal sale of medicinal products.

The American chicken franchise, fast-food rival McDonald’s and US coffee chain Starbucks have all become targets of a nationwide boycott movement triggered by Israel’s war on Gaza.

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China’s automotive sector braces for an escalating price war, and the intensified scramble for market share could hasten the closure of unprofitable laggards.

International marques are mounting a spirited fightback, focusing on reliability and safety, and providing a mixed bag of petrol and electric cars for a new generations of local customers.

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Nissan Motor unveiled four new electric vehicle models at the Beijing Auto Show and vowed to build more EV products ‘in China, for China’ in an attempt to recover lost sales.

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