- Business
- Convenience Retail Asia Limited operates chains of bakeries and fast-fashion eyewear stores in Hong Kong, Macau, mainland China and Singapore. The company offers bakery products including freshly baked breads, tarts, sandwiches, salads, celebratory cakes, mooncakes, reduced-sugar items, clean-label family bread and premium desserts through Saint Honore Cake Shop and Mon cher pâtisserie brands; fast-fashion eyewear including over 1,400 SKUs, HOYA MiYOSMART myopia-control lenses, intraocular pressure measurement services and collaborations with IP characters, fashion brands and KOLs under the Zoff brand; wholesale B2B bakery solutions for corporate customers; and online sales via the Cake Easy app. Founded in 1972 and headquartered at 15th Floor, LiFung Centre, 2 On Ping Street, Siu Lek Yuen, Sha Tin, Hong Kong, it functions as an investment holding company and member of the Fung Group with operations through Bakery and Eyewear segments targeting retail consumers, tourists, families, children, seniors and businesses. In January 2024, the company acquired the Zoff Singapore franchise, adding five stores; in December 2024, it launched the Merci Moncher pâtisserie concept in Causeway Bay blending Japanese and French styles; during 2024, it restructured its Guangzhou bakery operations by closing most stores to 4 from 21 amid challenging conditions, issued a profit warning in January 2025, secured a long-term lease for a new production facility in Tai Po and shifted focus to B2B growth with double-digit increases; in July 2025, it acquired a 20% stake in a Hong Kong food importer, manufacturer and distributor for HK$3 million to enhance sourcing and retail models, plus entered a lease for expanded manufacturing capacity at Tai Po Industrial Estate. As of June 2025, it operates 127 Saint Honore stores, 7 Mon cher stores and 21 Zoff stores for a total of 155 outlets.