Strong visitor numbers, especially from mainland China, lift jewellery, watches and gift sales as retail gains a sixth straight month of growth
Retail sales in Hong Kong rose by 6.9 percent in October compared with a year earlier — the sixth consecutive month of gains — as the city’s luxury and discretionary sectors benefited from a renewed surge in visitor arrivals.
The value of total retail sales reached HK$35.2 billion, while volume increased by 5.3 percent over the same period in 2024.
Within the broader retail recovery, luxury-goods categories experienced particular strength.
Sales of jewellery, watches, clocks and valuable gifts rose 9.5 percent in October, following a similar strong showing in September.
Sales of clothing and footwear rebounded modestly by 0.9 percent, after a drop the prior month.
Analysts attribute the improved performance largely to a 12.2 percent year-on-year jump in visitor arrivals — 4.59 million in total — of whom about 3.45 million came from mainland China.
The influx of tourists, many on shopping-focused visits, has pumped fresh spending into Hong Kong’s shops, especially in high-end and gift segments.
Although total retail sales volume for the first ten months of 2025 remains slightly below last year’s level, the October surge suggests that luxury and consumer sentiment are rebounding in tandem with tourism.
Market observers note this pattern may herald a sustained revival, especially if inbound travel continues rising through the year-end holiday period and beyond.
Despite macroeconomic headwinds and shifting global consumer behaviour, Hong Kong’s reputation as a regional luxury-shopping hub appears to be strengthening again — fueled by tourists seeking high-end goods and a return of confidence among local and visiting shoppers alike.
The value of total retail sales reached HK$35.2 billion, while volume increased by 5.3 percent over the same period in 2024.
Within the broader retail recovery, luxury-goods categories experienced particular strength.
Sales of jewellery, watches, clocks and valuable gifts rose 9.5 percent in October, following a similar strong showing in September.
Sales of clothing and footwear rebounded modestly by 0.9 percent, after a drop the prior month.
Analysts attribute the improved performance largely to a 12.2 percent year-on-year jump in visitor arrivals — 4.59 million in total — of whom about 3.45 million came from mainland China.
The influx of tourists, many on shopping-focused visits, has pumped fresh spending into Hong Kong’s shops, especially in high-end and gift segments.
Although total retail sales volume for the first ten months of 2025 remains slightly below last year’s level, the October surge suggests that luxury and consumer sentiment are rebounding in tandem with tourism.
Market observers note this pattern may herald a sustained revival, especially if inbound travel continues rising through the year-end holiday period and beyond.
Despite macroeconomic headwinds and shifting global consumer behaviour, Hong Kong’s reputation as a regional luxury-shopping hub appears to be strengthening again — fueled by tourists seeking high-end goods and a return of confidence among local and visiting shoppers alike.




























