Mainland shoppers boost sales of Philips' lifestyle products in Hong Kong

Royal Philips Electronics is seeing brisk business for its "consumer lifestyle" products in Hong Kong, thanks to high demand from the growing numbers of mainland tourists shopping in the city.

Without providing sales figures, Philips Hong Kong chairman Wiebo Vaartjes said: "Our consumer lifestyle business in Hong Kong has become bigger than in the rest of the world because of the large number of Chinese visitors here."

via Business feed http://www.scmp.com/business/companies/article/1082653/mainland-shoppers-boost-sales-philips-lifestyle-products-hong