香港零售管理协会：下半年香港零售市道仍疲弱 游客增加但消费力降对业界影响不大

Group 1 - The total retail sales value in Hong Kong for June was estimated at HKD 30.1 billion, representing a year-on-year increase of 0.7%, which was below market expectations of 1.4% and lower than the 2.4% increase in May [1] - The Executive Director of the Hong Kong Retail Management Association noted that local consumer spending remains cautious, with a significant portion of retail categories experiencing declines related to the local market [1][2] - The retail sector is facing multiple challenges, including rising rent and labor costs, and the industry is striving to transform amidst a weak economic environment [1] Group 2 - In July, foot traffic showed improvement, particularly in tourist areas, but the spending power and unit prices of tourists were relatively low, limiting significant business growth [2] - Over 50% of surveyed companies reported an increase in tourist business compared to June, while 40.5% felt business remained stable, indicating a cautious approach to spending among both tourists and locals [2] - For the overall summer period of July and August, 40% of surveyed companies expect low double-digit growth in business, particularly in tourist-facing markets like cosmetics and jewelry, although the increase is expected to be modest [3]