More Hongkongers are expected to travel to Japan amid a weak yen, tourism industry representatives have said after the country welcomed a record number of foreign tourists last year.

The retailer has created an operating model that quickly enables it to bring new trends to consumers.

Global luxury goods companies are expected to pull out all the stops this year to persuade US shoppers to splash out on diamond bracelets, quilted leather handbags and other designer fashions, given forecasts for more market weakness in China.

This project has been in development for over a year, encompassing everything from conceptual exploration to meticulous preparation.