Higher Hong Kong footwear sales in August

02/10/2007

Total retail sales in Hong Kong were up 15% to HK$20.6 billion ($2.7 billion) in August, according to government figures.  

Electronic equipment sales saw the highest growth, with a rise of 37.7% year-on-year, but footwear, clothing and allied sales also made decent progress with an increase of 19.5%.

These higher trends are expected to continue with better earnings and greater consumption, as well as tourism the major contributing factors.