The leadership reshuffle at Huawei’s consumer business group comes as the company regains lost ground in China’s smartphone market and doubles down on electric vehicle systems.

Industry figure Simon Wong says restaurants can expect a 10 per cent drop in business against last year’s figures.

Film lovers flock to cinema for final showings after nearly 60 years of operation.

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.

Hong Kong SMEs’ confidence in the second-quarter business outlook has improved slightly, but it remains well below the year-earlier level when confidence soared on the back of border reopening, survey shows.

Louis Vuitton is returning to Times Square, three years after the French luxury brand shut its store, a sign of a brighter outlook for Hong Kong’s luxury retail market.

Austrian crystal maker Swarovski has launched a lab-grown diamonds collection in China, in a sign that it has confidence in its second-largest market by sales despite some economic turbulence.

The hotel melds Japanese sensibilities with Scandinavian design – and is just a short walk from Tokyo’s hip Harajuku and Shibuya

Daigou, or personal shoppers for mainland Chinese consumers, used to account for billions of dollars of products sold by Australian businesses.

Hong Kong-based Leung So Kee Umbrella Factory is one of the oldest handmade umbrella makers in China, weathering storms from political instability to Japanese competition – but Jet Li was too much.

Warning over effect on Hong Kong as yen hits 34-year low of 156.82 against US dollar after Bank of Japan held interest rates close to zero.

A growing number of Hong Kong e-commerce merchants are expanding their business to customers beyond the city, according to the latest report by e-commerce solution provider Shopline.

Apple is still No 1 in China’s premium segment, which consists of handsets priced over US$600, but it is losing market share to Honor and Huawei, according to IDC.

AliExpress, the international online retail platform of Alibaba, has been in talks to invest US$72.4 million to acquire a 5 per cent stake in Ably Corp.

The Hong Kong Monetary Authority’s SME information platform is part of its ongoing efforts to help SMEs affected by the shift in consumer and tourist spending patterns.

Hong Kong’s economic recovery is slowly filling up retail spaces, pushing vacancy rates to a three-year low. The rebound, however, is bypassing the northwestern part of the city in Yuen Long and Sheung Shui.

Jewellery chain Chow Tai Fook promises more technology-led shopping because ‘that’s what younger customers want’.

‘It’s overall a pretty outstanding location, and pretty outstanding locations will be successful,’ Christian Ulbrich says.

Hang Lung Properties is targeting discerning Chinese consumers’ penchant for luxury goods as it prepares to undertake the expansion of its flagship mall in Shanghai.

China must emphasise modern services in its push for new productive forces, Sheng Songcheng says, flagging the need for a hi-tech, high-quality service sector.

The grievances raised by the All India Mobile Retailers Association show the current precarious position of OnePlus’ business in the world’s second-largest smartphone market.

Zando Global was launched on Thursday in the hopes of taking on the fast-fashion Chinese e-commerce retailers at home.

The app marks the latest effort by Alibaba to improve users’ experience on its various online platforms via augmented and virtual reality technologies.

Vice-chairman Sonia Cheng says overhaul aims to ‘set the course of the group’s future’, with fresh logo and online shopping improvements among changes.

Organic revenue at LVMH’s fashion and leather goods unit, its biggest division, rose 2 per cent in the first quarter, down from 18 per cent growth a year ago and falling short of analysts’ estimates of 3.2 per cent.

In Indonesia, beauty brands owned by French cosmetics giant L’Oreal are being spurned in favour of Chinese and local alternatives, as the boycotts bite into the profits of Starbucks Malaysia and McDonald’s.