Hong Kong - Inside Retail Asia

Central Retail-owned CRC Sports has reportedly acquired a 40 per cent stake in JD Sports Thailand, aiming to strengthen its position in Thailand’s fast-growing sports fashion market.
The deal is expected to accelerate expansion in the premium sneaker and athleisure segment, particularly among younger consumers....

Siam Piwat has become the first retail organisation in Thailand to integrate the OneSiam Global Visitor Card on Huawei Wearable devices, unlocking access for 200 million consumers worldwide who use Huawei Wearables.
The partnership targets high-value tourists from key markets, including China, Hong Kong, Japan, Malaysia, Indonesia, Vietnam, and other Southeast Asian markets....

Fragrance brand Diptyque has opened a flagship on Hong Kong’s Hollywood Road, expanding on the street-level concept store it debuted there last year.
Located in Central, the 100sqm duplex boutique features Parisian-inspired interiors with references to Hong Kong’s architectural and cultural heritage....

The numbers that define China’s department store industry in 2025 are not complicated. They are just relentlessly bad in every direction at once.
Part I: The four horsemen
Sales down. Profit down. Footfall down. Average spend per visit is down. All four, simultaneously, across more than half the industry. The China’s Department Stores Report 2025–2026, a joint annual survey by the HKUST Li & Fung Supply Chain Institute...