Hong Kong Real Estate Equities A resumption of retail sales growth Eyeing retail market stabilisation. Hong Kong's Census and Statistics Department reported that retail sales grew 2.4% y-o-y in May 2025, reversing the 2.3% y-o-y drop a month ago and ending a 14-month long decline. The stabilisation sign in the retail market suggests a good start going forward. We expect the retail sales decline to further narrow in 2H25e from 5.5% y-o-y in 5M25, with the full-year decline down to 3% in 2025e. The positive w ...

Urban Outfitters, Inc. (URBN) reported impressive results for first-quarter fiscal 2026, wherein the top and bottom lines surpassed the Zacks Consensus Estimate. Also, both metrics improved from the prior-year quarter’s reported figure. As a result, shares of this Philadelphia, PA-based player rose 17.5% in the after-market trading session yesterday.The company reported a highly successful quarter, showcasing strong performance across all its brands and business segments. The Retail segment’s comparable sal ...

U.S. retail sales slowed in April compared to the prior month. However, the sector has shown immense resilience amid price pressure and tariff threats. Retail sales grew in April, which is a positive sign for the sector and the economy.Moreover, President Donald Trump announced a temporary pause on tariffs after the United States and China reached a trade truce last weekend. Also, the White House said that more trade deals are upcoming as negotiations with other countries are ongoing.This is likely to benef ...