Hong Kong
This coverage explores how developments in Hong Kong affect UK retail, with reporting on supply chain links, brand expansion, political and economic factors, and consumer trends connected to the region. Tailored for retail executives, sourcing managers, and strategists assessing international operations, market opportunities, and risks related to this key global retail hub.
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Jul- 2025 -8 JulyClothing & Shoes
Shein files for Hong Kong IPO
Shein has reportedly filed for an initial public offering (IPO) in Hong Kong after facing continued setbacks in its plans to list on the London Stock Exchange, according to The Financial Times. The Singapore-based online retailer is said to have privately submitted a draft prospectus last week to the Hong…
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Jun- 2025 -16 JuneDepartment Stores
Fortnum and Mason eyes first UK stores outside of London
Fortnum and Mason is reportedly considering opening its first ever UK stores outside of London following a surge in demand for its luxury teas, biscuits and jam. The company’s CEO Tom Athron told The Telegraph that he would be interested in having branches “up the spine of the country”. He…
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May- 2025 -29 MayClothing & Shoes
Shein shifts focus to Hong Kong listing after London IPO stalls
Shein is reportedly pivoting towards a listing in Hong Kong after a proposed IPO in London hit a roadblock from Chinese regulators, sources have told Reuters. The retailer is said to be looking to file a draft prospectus with Hong Kong’s stock exchange in the coming weeks, with plans to…
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Apr- 2025 -7 AprilNews-In-Brief
Today’s news in brief-7/4/25
US President Donald Trump has defended his newly announced tariffs, describing them as necessary “medicine” to address trade imbalances. Speaking aboard Air Force One, Trump warned that governments would need to pay “a lot of money” to lift the sweeping tariffs, which include a baseline 10% levy on imports from…
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7 AprilEconomy
Trump calls tariffs ‘medicine’ amid market turmoil
US president Donald Trump has called his newly-announced tariffs “medicine” as he showed no signs of reversing them. Speaking to reporters on Sunday (6 April) aboard Air Force One, Trump warned that governments would have to pay “a lot of money” to lift sweeping tariffs. He said: “I don’t want…
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Jan- 2025 -7 JanuaryPeople Moves
Former Coles chief executive to join Kingfisher board
Kingfisher has announced the appointment of former Coles CEO in Australia, Ian McLeod, to its board of directors as a non-executive director, effective from 20 January. A retail executive with over 40 years of experience across various different international markets, he most recently served as group chief executive at DFI…
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Sep- 2024 -26 SeptemberNews
Today’s news in brief-26/9/24
Morrisons has finalised a £370m deal with Song Capital, retaining ownership of 75 supermarket properties’ freehold while receiving income over 45 years. This move aims to reduce debt accumulated since its 2021 acquisition by CD&R. H&M expects to miss its 10% profit margin target for 2024 due to stagnant Q3…
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26 SeptemberHealth & Beauty
Laurent Marteau steps down as L’Occitane CEO
Premium beauty and wellness brand The L’Occitane Group has announced that Laurent Marteau has stepped down from his roles as chief executive officer and a member of the board. The brand said Marteau’s resignation reflects his desire to focus more on his personal pursuits as well as other business interests.…
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Aug- 2024 -20 AugustHealth & Beauty
Estée Lauder sales fall in ‘difficult year’ as CEO departs
Estée Lauder has seen sales dip by 2% to $15.6bn (£12bn) in its full-year results, in part due to an “ongoing softness” in the China market, whilst also forecasting a fall in sales for the current fiscal year. While the group forecast lower than expected sales and earnings in FY25, it…
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Jun- 2024 -25 JuneClothing & Shoes
Shein files confidential London IPO paperwork amid possible listing
Shein confidentially filed paperwork to launch its £50bn IPO in London earlier this month, sources have told Reuters and CNBC, despite recent rumours that the float could be scrapped amid pressure from Chinese officials. According to sources, it is “not immediately clear” when Shein plans to launch the IPO. However,…
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