HK BEAUTY MARKET HAS STRONG BASIS FOR GROWTH – BUT COULD BE KNOCKED OFF COURSE BY POLITICAL INSTABILITY
August 1st, 2019
WHILE the future of Hong Kong’s political stability hangs in the balance given the long-term protests that have been wracking the territory, its underlying economy seems to be just holding together, with DBS Bank, for instance, in August projecting zero economic growth.
Of course, in times of trouble, beauty basics still sell, and treat purchases still keep higher end product demand rolling – so it remains to be seen if 2019 will be a bad or half-decent year for Hong Kong’s beauty product market.
Certainly, the Chinese special administrative region’s ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.