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  • Embrace the 2026 Lunar New Year of the Fire Horse: Prosperity, Health and Retail Industry Updates Await!

    Embrace the 2026 Lunar New Year of the Fire Horse: Prosperity, Health and Retail Industry Updates Await!

    The team at Retail News would like to convey our warmest regards to our readers during the 2026 Lunar New Year, the year of the Fire Horse. We extend our heartfelt wishes to you and your loved ones for a year filled with robust health and bountiful prosperity.

    Our team will return on Thursday, 19th February, ready to provide you with more insightful industry developments, exclusive feature stories, authoritative opinions, and the most recent news and updates from the financial industry.

    We hope that you enjoy the festive season and all the joy and good fortune it brings. Here’s wishing you a spirited Kung Hei Fat Choi!

  • Longines Masters of Hong Kong 2019 – a recap

    Longines Masters of Hong Kong 2019 – a recap

    Three days of action brought with them a life’s worth of memories as the curtain came down on the Asian stage of the Longines Masters Paris – Hong Kong – New York intercontinental series. More than 35,000 people gathered across the three days of this year’s Longines Masters of Hong Kong.

    Fittingly, the final day was graced by Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor, who met the riders and presented the Longines Grand Prix of Hong Kong trophy. Longines Ambassador of Elegance, horse lover and entertainment super star Aaron Kwok was also on hand for the final press conference and to share his thoughts on the sport he loves so dearly – and like one of his live shows, the thrills came from start to glorious finish. The action began with The HKJC Asian Junior Grand Prix, excitement rose with the staging of the DBS Trophy, and then came the event everyone had been waiting for all week – the Longines Grand Prix of Hong Kong. And the premier event brought out the very best from Denis Lynch on Chablis as the Irish rider and his stable newcomer flew around the course. It proved a fitting way to end a fabulous week – and now it’s on to American stage in New York, which among other things will feature the rematch of the Riders Masters Cup, from 25 to 28 April 2019.

    Denis Lynch claims the Longines Grand Prix of Hong Kong!

    The glory on this final day came with the Longines Grand Prix of Hong Kong and a stunning effort from Denis Lynch on Chablis as they finished in front of Simon Delestre on Uccello de Will. But there was so much more also on offer all day.

    It began – at 9.30am – with The HKJC Asian Junior Grand Prix, an initiative from partners EEM, The Hong Kong Jockey Club and the Hong Kong Equestrian Federation that showcased the rising stars of Asian showjumping. It was Hong Kong’s Vincent Zi-Xiang Capol on It’s A Gamble who lit up the main arena on the day, capturing the title after a two-round competition with jump heights raised from 1.00m to 1.10m.

    Next – at 12pm – came the DBS Trophy, a one-round competition that set riders a simple task. On paper at least. To win you had to be the fastest from eight riders to complete a clear round – and on this day the fastest was Roger Yves Bost on Castleforbes Talitha.

    Then it was time for the ultimate event at the world’s ultimate show jumping series. The Longines Grand Prix tests the world’s best against jumps at Olympic height heights of 1.60m, and it provides a true test of technique, of skill and of bravery from both rider and horse.

    In the end it came down to a ride for the ages from Denis Lynch on Chablis, as they cleared all the fences over two rounds. Second place went to Simon Delestre on Uccello de Will – the only other pair to clear all the fences. Along with the US$400,000 in price money the Paris, Hong Kong and New York Longines Grand Prix offers something very special – a Super Grand Slam Bonus of €2,250,000 rewarding a victory in each round of the Series in the same season and a €1,000,000 additional bonus for three successive victories at The Longines Grand Prix straddling two Longines Masters seasons. Irishman Lynch will now head to New York for the next leg in April with that huge bonus in his sights.

    While the show jumping action kept fans glued to their seats all day long, there was plenty more to entertain in the main arena. Presented by MGM, equine artists Frédéric Pignon and Magali Delgado and their Iberian horses continued to leave the audience spellbound with dazzling shows combining music, dance and multi-media. Then there was the appearance of the “golden girl” of the HKJC Equestrian Team as Jacqueline Siu celebrated her history making gold medal performance at last year’s Asian Games with a dressage performance the relived the glory.

    Reflections on three days of fun and fanfare

    Over three days – and nights – the Prestige Village came alive, allowing visitors to indulge and be entertained thanks to fabulous collaborations with the Longines Masters of Hong Kong’s partners and exhibitors.

    Among the many and varied highlights were the first staging of the Asian Hobby Horse Competition and the wild after party hosted by DJ Henri PFR, while visitors were able to immerse themselves in luxury offering from a wide array of brands, while being tempted by gastronomic delights. While visitors were treated to the latest from the likes of Title Partner Longines, Kingsland, Fieldstone, Horse Pilot, Equicty, Hermès Sellier, Asia Marine, Baccarat, Lightfoot Travel, Robert Mark Safaris, KEF, La Mod and Maserati. There were also themed gifts and novelties inside the Longines Masters Boutique, one lucky guest walked away with a trip (flight and accommodation) to New York to visit the Macey & Sons Gallery and the Longines Masters of New York in April 2019, courtesy of Macey & Sons Gallery.

    Save the Children

    Dedicated to promoting equestrian sports on an international scale as well as making a difference by contributing to socially constructive causes, Longines Masters series organizers EEM this year chose to support deprived children around the globe, especially in Hong Kong and China. The Hong Kong leg of the intercontinental show jumping event joined hands with the Sole Beneficiary Charity Partner, Save the Children Hong Kong, with parts of the net proceeds generated from the charity auction lunch, various VIP Hospitality Experiences in a specific period of time and kids’ activities in Prestige Village donated to sustain these marginalized children’s ongoing education, health, protection and emergency relief programs.

  • Hong Kong investor stakes $500 million to build racecourse in southern Vietnam

    Hong Kong investor stakes $500 million to build racecourse in southern Vietnam

    The company claims the track could earn $2.2 billion a year now that betting has been legalized in Vietnam. A Hong Kong-based company has been given the all clear to conduct a feasibility study for a racecourse in Vietnam’s southern city of Can Tho.

    SIBC International Ltd. met with the city’s leaders on Wednesday to discuss plans to build an entertainment complex that would cover over 150 hectares (370 acres).

    The project, which also includes a hotel, park and golf course, is expected to cost $500 million, it said.

    Once completed, the track could host up to 16 races a day and earn VND50 trillion ($2.2 billion) a year, the company said, adding that it would contribute VND10 trillion in tax each year and create around 20,000 jobs.

    Can Tho officials said the racecourse would help boost local tourism, but given its scale, the city would have to consult the central government before making a final decision.

    The Mekong Delta’s urban center attracted more than 5.3 million tourists in 2016, which was up 14 percent from a year ago and included 22,600 foreigners. Tourism earned the city more than VND1.8 trillion last year.

    Vietnam legalized sports betting earlier this year, allowing its citizens to bet on international soccer games and horse and greyhound races from March 31. The historic decision, made after years of deliberation, has made racecourses a viable investment option.

    The country currently has one greyhound track in the southern beach town of Vung Tau, and a $100 million horse-racing course was opened in the southern province of Binh Duong two months ago. Hanoi has plans to build a $500 million racecourse, but progress has been delayed.

  • Etihad moves 72 high-value racehorses from UK to Kuwait

    Etihad moves 72 high-value racehorses from UK to Kuwait

    Etihad Cargo has successfully shipped more than 70 elite racehorses from England to Kuwait after the European racing season. In all, 72 racehorses – worth a combined £36 million (US $45 million) – were transported from London Stansted Airport to Kuwait City, where they will spend the winter months training and racing in the temperate Middle Eastern climate. They were flown on one of the carrier’s state-of-the-art B777 freighters which are equipped with comfortable seating for up to nine grooms and can accommodate up to 75 horses at a time.

    David Kerr, senior VP of Etihad Cargo, said: “Safety is the most important thing for our equine customers, which is why it is imperative we offer a safe and reliable service on all of our shipments. The Middle East has strong ties to these magnificent creatures dating back thousands of years and, to this day, they are arguably the most precious cargo we carry. In 2016 alone Etihad Cargo has been entrusted to transport more than 1,200 horses, with several more large shipments scheduled before the end of the year.”

    A team of six professional grooms handled the horses during loading, while on board the flight – when they visit them in the cargo hold to ensure they are comfortable and calm – and on arrival in Kuwait.

     When the horses arrived at Stansted they were loaded by their grooms into jet stalls, specially designed with non-slip floors which hold three horses apiece. The IATA-approved stalls were then loaded onto the temperature controlled cargo hold of the aircraft in an operation which took more than six hours.

    Conan Busby, MAG’s head of cargo, owners of London Stansted Airport, said: “We are delighted that Etihad Airways chose Stansted to handle this delicate and valuable cargo. Stansted is the UK’s number one airport for horse travel and handles many specialist flights every year. Many of the horses taking part in this year’s Olympic Games and the Queen’s 90th Birthday celebrations passed through Stansted’s dedicated equine facility.”

    Etihad Cargo operates a fleet of nine wide-body freighters – five B777Fs and four A330Fs – which can be configured to carry 75 and 30 horses respectively.