Economists' Pick - Highlight
27 Sept 2016
According to the latest HKTDC survey, traditional “shopping centres/malls/name-brand stores in department stores” are the most common channels through which mainland middle-class consumers obtain information on watches and also the channels which are most likely to influence their watch-buying decisions. This article looks at the channels through which mainland consumers obtain information on watches and buy their watches, including their attitudes towards buying watches online.
As the second-most-populous Middle East country, Iran has a huge consumer base with strong buying potential. Following the removal of international sanctions in early 2016, Iran’s retail landscape looks set to experience rapid changes along with the unleashing of pent-up demand for imported goods, especially branded products. Ample business opportunities will surface in Iran’s retail market for Hong Kong companies selling a wide range of quality consumer products.