The target of the Family Survey is to understand the buying habits of households in Hong Kong as well as their broad expenditure patterns, preferences for retail facilities, and aspirations on retail provisions. Victoria Beckham’s fashion business acquired a money injection of £30m from an investment firm spearheaded by the person behind the rise of French bakery Paul in the UK. Funding from private equity group NEO Funding Companions will go in the direction of opening extra Victoria Beckham-branded shops and increasing the style retailer’s online presence, the company mentioned.
Equivalisation takes into account the variety of people dwelling within the family and their ages, acknowledging that while a household with 2 folks in it’ll need more money to sustain the identical residing standards as one with a single individual, the 2-individual household is unlikely to want double the earnings.
“Private client goods” was the preferred type of products bought on-line (fifty five.eight%), adopted far behind by “clothing, footwear and allied products” (9.0%), “personal durable goods” (5.9%), “basic family items” (5.7%) and “meals” (4.9%).
Solely 5.5% would not do so as a result of “they regarded these visits as travels (fifty two.6%)”, “they considered the services provided in Guangdong province higher in quality” (25.1%), “there have been extra stores for selection” (10.7%) and “they were accompanying friends to go there” (9.6%).