Retail News CRM

Tag: Kong

  • Uma Nota and Bedu to shut down in Hong Kong this summer

    Uma Nota and Bedu to shut down in Hong Kong this summer

    Navigating Hong Kong’s culinary industry presents a challenging venture, as escalating rental rates, consumers seeking cheaper alternatives in Mainland China, and stiff rivalry between establishments create a tough business environment. These factors are placing a strain on the operations of numerous local eateries, compelling them to make difficult calls. Regrettably, after eight years of service in Central, Uma Nota and Bedu, entities of Meraki Hospitality, are set to close their operations on June 21. Brother and sister duo Alex and Laura Offe, who established Meraki Hospitality in 2018, have left a significant imprint on the local gastronomic scene with their unique restaurant offerings.

    The Closure Decision

    The hospitality group attributed the decision to shut both restaurants to the escalating costs and evolving Hong Kong market conditions. The founders also consider this pause an opportunity for reflection, rejuvenation, and the conception of novel ideas.

    The closure of the restaurants represents a poignant moment for the founders, who cherish the relationships and memories built over time. Alex expressed his gratitude to their community and looked forward to welcoming everyone back with fresh concepts in the future.

    Legacy of the Restaurants

    Uma Nota, the first Brazilian-Japanese restaurant in Hong Kong, commenced operations in 2017, providing a unique twist on Brazilian botecos, a popular social spot serving drinks and appetizers. Taking advantage of its success, Meraki Hospitality expanded the Uma Nota brand into cities like Paris in 2018 and Manila in 2024. The second restaurant, Bedu, opened its doors in 2018 on Gough Street. It served modern interpretations of traditional Middle Eastern dishes, quickly becoming a key establishment in the community.

    Meraki Hospitality’s Future Plans

    Even with the closure of their current establishments, the Offe siblings have plans for the future. They are set to introduce Sabai, a luxurious Thai restaurant, in Manila. While details about their future ventures in Hong Kong are yet to be disclosed, they are optimistic about making a comeback in the city’s dining scene.

    Questions & Answers

    Why are Uma Nota and Bedu closing?
    The closure of Uma Nota and Bedu is primarily due to the rising operational costs and changing market dynamics in Hong Kong.

    What are the future plans of Meraki Hospitality?
    Meraki Hospitality is gearing up to launch a high-end Thai restaurant, Sabai, in Manila. Although details about their future plans in Hong Kong are not yet available, they are hopeful about making a return.

    What was unique about the restaurants Uma Nota and Bedu?
    Uma Nota was the first Brazilian-Japanese restaurant in Hong Kong, providing a unique twist on Brazilian botecos. Bedu, on the other hand, was known for its modern take on classic Middle Eastern dishes.

    Lees ook:

  • Bacha Coffee Launches First Flagship Store in Hong Kong, Promising a Unique Coffee Experience

    Bacha Coffee Launches First Flagship Store in Hong Kong, Promising a Unique Coffee Experience

    Bacha Coffee has unveiled its first full-concept flagship store in the bustling Harbour City of Hong Kong, a pivotal move in the brand’s ambitious global expansion plan. Spanning an impressive 2,500 square feet, this vibrant new location features a Coffee Boutique, a 50-seat Coffee Room, and a takeaway counter that collectively showcase an astounding selection of over 200 varieties of 100% Arabica coffee sourced from 35 countries.

    This outlet is not just about coffee; it’s Bacha Coffee’s first complete dining experience in the city. The Coffee Room entices visitors with an all-day menu brimming with delectable pastries and artisan viennoiseries, all thoughtfully paired with their aromatic coffee offerings. The design pays homage to the brand’s origins in Marrakech, creating an enchanting atmosphere that transports patrons to its Moroccan roots.

    Here, traditional brewing techniques reign supreme, with skilled “coffee masters” meticulously preparing each cup in elegant golden gooseneck pots, a sight that is both captivating and delicious.

    The Hong Kong launch underscores Bacha Coffee’s commitment to global growth, following a successful revival in Marrakech that has seen the brand expand to 32 stores across 12 cities such as Paris, Dubai, Doha, Seoul, Singapore, and Taipei. The recent inauguration of its flagship store on the iconic Champs-Élysées in April further exemplifies its relentless pursuit of worldwide recognition.

    And who knows, maybe one day we’ll be sipping Bacha Coffee in outer space—after all, why should astronauts miss out on a good brew?

    Questions & Answers

    What is Bacha Coffee’s latest store concept in Hong Kong?
    The new full-concept flagship store includes a Coffee Boutique, a Coffee Room with all-day menu options, and a takeaway counter, set within a lavish 2,500-square-foot space.

    How many coffee varieties does the flagship store offer?
    The flagship store offers an impressive selection of over 200 varieties of 100% Arabica coffee from 35 different countries.

    What inspired the design of the Coffee Room at the new store?
    The Coffee Room’s design is inspired by Bacha Coffee’s original home in Marrakech, aiming to provide a unique and captivating atmosphere for customers.

    Lees ook:

  • China, Hong Kong shares fall as global investors flee risky assets

    China, Hong Kong shares fall as global investors flee risky assets

    China and Hong Kong stocks slumped on Monday morning, with investors joining a global flight from risky assets on lingering economic concerns and rising risks from the UK’s possible exit from the European Union.

    Sentiment was dampened by worries over China’s economic health after data showed slowing growth in fixed asset investments and retail sales, offsetting optimism that MSCI may add Chinese shares to its emerging market index this week.

    China’s blue-chip CSI300 index fell 0.8 percent, to 3,138.06 points by the lunch break, while the Shanghai Composite Index also lost 0.8 percent, to 2,904.23 points.

    Selling was more intensive in Hong Kong, where financial markets are more open and thus more vulnerable to global market volatility. The benchmark Hang Seng index dropped 2.5 percent.

    In June 2015, China’s “Great China Bubble” burst, triggered by the destruction of margin trades, and sending shockwaves across global financial markets.

    “One year after the crash, China’s stocks, bonds, property and currency are still expensive,” wrote Hong Hao, chief strategist of BOCOM International.

    He added that the Shanghai index was still roughly 17 percent above the theoretical support level of 2,500 even after almost halving from last summer’s peak.

    “Although Hong Kong is trying to heal, struggling global markets will be a drag.”

    Global market volatility surged lately as investors fretted ahead of this week’s central bank meetings as well as Britain’s June 23 referendum on whether to remain in the European Union.

    Sentiment was not helped by lacklustre Chinese data.

    Foreign direct investment (FDI) in May fell 1 percent from a year earlier, marking the first year-on-year decline since December, according to data published on Sunday.

    Data on Monday showed that China’s fixed-asset investment growth eased to 9.6 percent in January-May from the same period a year earlier, below market expectations. Industrial output and retail sales data were not encouraging either.

    “Given today’s data, there is higher risk for China to miss the growth target of 6.5 percent y/y in Q2,” ANZ wrote in a research note.

    Shares fell across the board in China and Hong Kong.

    Lees ook:

    Lees ook: