52
Fashion Jobs
ZALANDO
Head of Engineering - Emerging Propositions
Permanent · HELSINKI
ESTÉE LAUDER COMPANIES
Beauty Advisor - Sokos Helsinki (Fulltime Temporary)
Fixed-term · HELSINKI
ESTÉE LAUDER COMPANIES
Full Time Beauty Advisor - Vantaa Airport, Helsinki
Permanent · HELSINKI
ESTÉE LAUDER COMPANIES
Estee Lauder Companies - Multi Counter Manager - Stockmann, Turku
Permanent · TURKU
MUJI
Avoin Hakemus - Myymälä
Permanent · HELSINKI
MUJI
Avoin Hakemus - Ravintola
Permanent · HELSINKI
JACK & JONES
Myyjä Jack & Jones Helsinki Outlet
Permanent · HELSINKI
MANGO
Sales Assistant
Fixed-term · VANTAA
RITUALS
Sales Advisor (Summerextra) - Tampere - Ratina Shopping Center
Permanent · TAMPERE
RITUALS
Sales Advisor (Summerextra) - Vantaa - Jumbo
Permanent · VANTAA
JACK & JONES
Kesätöihin Myyjäksi Vero Moda / Jack & Jones Porvoo
Permanent · PORVOO
NEW YORKER
Haemme Extra- Myyjiä New Yorkerin Myymälään Mikkeliin
Permanent · MIKKELI
NEW YORKER
Haemme Extra- Myyjiä New Yorkerin Myymälään Ouluun
Permanent · OULU
NEW YORKER
Haemme Extra- Myyjiä New Yorkerin Myymälään Vaasaan
Permanent · VAASA
MONKI
Sales Advisor, 10h (Summer Help Temporary)
Fixed-term · VANTAA
VERO MODA
Myyjä Vero Moda Seinäjoki Idepark
Permanent · SEINÄJOKI
ESTÉE LAUDER COMPANIES
MAC Make-up Artist (20h/Week) - Sokos Tampere
Permanent · TAMPERE
ESTÉE LAUDER COMPANIES
Beauty Advisor (30h/Week) - Stockmann Helsinki
Permanent · HELSINKI
MASSIMO DUTTI
Sales Assistant Massimo Dutti, Helsinki
Permanent · HELSINKI
H&M
Sales Advisor, 15h - Kesätyö
Permanent · SEINÄJOKI
H&M
Sales Advisor, 10h - Kesätyö
Permanent · KOTKA
H&M
Sales Advisor, 10-20h - Kesätyö
Permanent · PORVOO
By
Reuters
Published
Nov 3, 2017
Reading time
2 minutes
Download
Download the article
Print
Text size

Hong Kong Sept retail sales climb at fastest pace in over 2-1/2 yrs

By
Reuters
Published
Nov 3, 2017

Hong Kong’s retail sales in September grew at the fastest pace year-on-year in more than 30 months, government data showed on Friday, as increasing number of visitors from the mainland helped boost spending on everything from watches to jewellery.


Photo: Chow Tai Fook



Tourist arrivals rose 4.8 percent in September, with mainland visitors up 7.2 percent, according to the Hong Kong Tourism Board. Mainlanders accounted for 77.1 percent of the total number of tourists.

In August, tourist arrivals fell 1.2 percent, with visitors from the mainland dropping 2 percent.

Retail sales rose 5.6 percent to HK$35.7 billion ($4.58 billion) in value terms, the seventh straight month of growth, compared with a revised 2.7 percent increase in August.

In volume terms, sales rose 5.5 percent year-on-year, compared with a 3.2 percent growth in August after revision.

“The performance of retail sales in the near term should continue to be bolstered by the prevailing favourable job and income situation as well as the recovery in inbound tourism,” the government said in a statement.

The rebound comes after Hong Kong’s retail sales shrank for the third year in a row in 2016 and by the most in nearly two decades, hurt by the city’s economic downturn and fewer tourists from mainland China.

Sales of jewellery, watches, clocks and valuable gifts rose 14.7 percent in value terms in September, marking their third consecutive month of growth.

That compared with a 7.4 percent jump in August. It was up 4.3 percent for the January-September period.

Chow Tai Fook Jewellery Group posted a 13 percent growth in same-store sales in Hong Kong and Macau for the three months ended September.

Smaller rival Luk Fook Holdings saw a 17 percent growth in its overall same-store sales in the July-September quarter.

Skin care and cosmetics retail chain Sa Sa International Holdings Ltd posted a 1.1 percent rise in overall turnover for the second quarter ended September, of which Hong Kong and Macau climbed 2.2 percent.

For the first nine months of 2017, retail sales increased 0.9 percent in both value and volume terms year-on-year.

For the third quarter, the retail sales value was up 2.7 percent over the preceding quarter, while volumes were 2.5 percent higher.

 

© Thomson Reuters 2024 All rights reserved.