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Over 90% Take Punitive Action Against Brand Doubt, While 61% Have Walked Away

HONG KONG SAR – Media OutReach Newswire – 6 July 2026 – Hong Kong consumers have very low tolerance for brands and organisations that are deemed not believable, responding with rapid and decisive backlash when corporate promises trigger doubt. According to a new study on “The Believability Economy” by Ogilvy and YouGov, local residents quickly escalate from questioning claims to complaining on social media, switching to competitors, and fully disengaging. Part of a seven-market Asia Pacific initiative, the Hong Kong SAR edition of Ogilvy’s “Believability Index: The Power of Proof” reveals how critical proof has become to maintaining brand survival.

Silent Disengagement Directly Threatens Revenue

When believability falters, consumer action is almost universal. Of the 1,032 Hong Kong residents aged 18 and over surveyed between late April and early May 2026, 94% stated that they take punitive action once they harbour doubts about a brand or organisation, leaving only 6% with their behaviours unchanged. The local backlash is only slightly below the APAC average of 96%.

This belief-triggered disengagement also inflicts immediate financial consequences: 61% of Hong Kong respondents (70% in APAC) have stopped engaging with or purchasing from a brand or organisation over the past 12 months due to a lack of belief in its claims.

More importantly, silent forms of disengagement dominate the Hong Kong market. Nine in 10 Hongkongers (89%) opt for “silent disengagement”, walking away without saying a word. This quiet exit also carries a severe commercial penalty: it includes 46% who stop purchasing altogether and 32% who migrate to a competitor.

“The research findings are a stark wake-up call for brands and organisations, and show believability makes or breaks consumer decisions in immediate and severe ways,” said Clara Shek, President, Ogilvy Public Relations Hong Kong. “The Hong Kong findings reflect a broader trend in the Asia Pacific region: disengagement often combines quiet withdrawal with more visible signals. Brands and organisations must recognise that what they see publicly is only part of the picture — the quieter, unseen behaviours are dangerous and could be the silent killers of an organisation’s success.”

Vocal punishment is common. Over half (58%) of the respondents say they would take public or semi‑public action, such as:

• Telling friends, family or colleagues not to support the brand or organisation (30%)
• Reporting or flagging organisational content as misleading (17%)
• Leaving a negative review or public comment (15%)
• Actively and publicly avoid their content (14%)
• Contacting them directly to express concerns (12%)
• Posting personal experiences directly on social media (10%)

Lack of Competence and Ethics Triggers Consumer Disengagement

When consumers abandon a brand or organisation due to a breakdown of belief, the top reasons that prompted them to stop engaging or stop purchasing in the past 12 months tie directly to operational execution:

• Products and services didn’t deliver what was promised (34%)
• The brand or organisation handled an issue or mistake poorly (29%)
• Poor business ethics (27%)

Communication missteps also erode foundational belief. A quarter of consumers (25%) state that exaggerated or misleading communications have prompted them to disengage, and 24% disengage when a brand or organisation is unresponsive to issues they raise. In contrast, influencers and spokespeople play a smaller role in believability-driven disengagement — only 15% of respondents report that they would stop engaging with a brand or organisation because a spokesperson or influencer loses credibility.

Drivers of Believability

In Hong Kong, believability is driven far more by the credibility of the source than by the creative style of the content, and people rely primarily on their own judgement or official sources, rather than influencers or highly-polished content. Three quarters (76%) of Hong Kong residents rely on credibility-related influences (such as credible sources and multiple sources), 62% rely on personal perception (whether information aligns with existing knowledge), 59% turn to reviews, and 43% turn to peer validation.

Across all ages, the top drivers of belief are consistently rooted in familiarity and prior experience:

1. A source they already find credible (43%)
2. Information that aligns with their own knowledge or experience (34%)
3. Official or institutional sources (30%)

Conversely, the signals that dominate digital and social media culture — polished and professionally produced content (8%), the amount of people engaging with or sharing the information (16%), and “authentic” creator content (12%) — sit at the bottom of the list as factors that influence whether they believe new information about a brand or organisation.

The Channel Paradox – Where Belief and Scepticism Collide

The Ogilvy Believability Index 2026 finds that mainstream media and official brand channels remain the most influential sources of increased belief in Hong Kong. Almost two-thirds (58%) of Hong Kong residents say information from mainstream media increases their belief in brands and organisations that matter to them, and half (50%) say official brand channels improve belief. Both sources were greeted with relatively minimal scepticism (7% and 8% respectively).

Influencer content and private messaging apps tell a more complex story. The study shows that 30% of Hong Kong consumers say information from social media influencers and KOLs increase their belief, but 26% express heightened scepticism. Private group chats such as WhatsApp show the same near‑equal split: 30% say these channels strengthen their belief, while 26% say they make them more doubtful. In these environments, brands and organisations aren’t generating belief alone — they’re generating belief and doubt in almost equal measure.

“Social media channels may be influential in reach and visibility for brands and organisations, but they are far less effective at strengthening belief,” Ms. Shek said. “In fact, they often create a mix of belief and doubt – a paradox that organisations need to navigate carefully. Traditional tracking tools can create a blind spot for senior leadership as organisations run the risk of over-indexing spending on the exact platforms that are triggering scepticism.”

The importance of mainstream media echoes the latest findings in South China Morning Post’s (SCMP) Intersection of Influence study released on June 24, 2026. The SCMP study shows news media commands the highest attention of any channel in Hong Kong, significantly outperforming other channels (such as social media) in terms of audience focus and staying power. Sixty-one percent (61%) say news reports stay with them long after reading, and 16% use the information to make important decisions. For believability, this shows that news environments don’t just attract attention; they generate intentional, lasting and active engagement in the content.

Negative Ripple Effect for Other Brands

When believability breaks, it spreads. A third (31% local; 36% in APAC) of consumers admit that when their belief in a brand or organisation is lost, they become more wary or suspicious, with 38% of Hong Kong consumers (29% in APAC) reporting that they will subsequently minimise their use of similar products or services from other brands and organisations.

Restoring Belief – Action is Louder Than Words in Hong Kong

On the bright side, 82% of Hong Kong residents (85% in APAC) say belief can be restored. Only 14% of Hong Kong residents (11% in APAC) say that once belief in a source is lost — whether an organisation, media outlet, or public figure — it can never be regained.

When it comes to restoring belief, Hong Kong consumers respond most positively to concrete action. Half (50%) say an organisation must “actively fix the issue” before they will believe them again – a requirement that ranks well above a “public acknowledgement” (40%). Furthermore, another 40% believe it is important to “demonstrate consistent accuracy.”

For Hongkongers, these concrete actions carry far more weight than shifts in communication style alone. Only 29% of respondents feel that being “more transparent or further evidence-based” in their communication helps restore belief, while only 13% say “endorsements from respected individuals” helps restore belief. In other words, accountability and follow‑through are the real drivers of believability.

“Consumers are open to brands and organisations that take actions to repair that credibility. The path to redemption clearly lies in tangible action – correcting problems, publicly acknowledging mistakes and demonstrating consistency. As the findings show, accountability is the ultimate currency of belief,” said Ms. Shek at Ogilvy.

“Despite the popularity of social media and digital channels, Ogilvy’s Hong Kong edition of the ‘Believability Index: The Power of Proof’ calls for a rethink on marketing and issue management approach,” Ms. Shek concluded. “To protect against silent disengagement, leaders must deliver on their core promise, tackle issues transparently, and anchor their communications in mainstream media and official channels, with mindful management of social media and influencer strategy recognising these channels’ belief-scepticism double-edged impact on consumers.”

Hashtag: #Ogilvy

The issuer is solely responsible for the content of this announcement.

About Ogilvy’s 2026 Believability Index: Power of Proof

The Hong Kong edition of “Believability Index: The Power of Proof” was conducted online between 22nd April – 4th May 2026. The sample comprised an online representative sample of 1,032 Hong Kong adults aged 18 years and older. Total sample size for Ogilvy’s seven-market Asia Pacific Believability Index 2026 was 7,176 adults in Australia, Indonesia, Singapore, Malaysia, the Philippines, Mainland China and Hong Kong SAR (1,032). All figures, unless otherwise stated, are from YouGov Plc. The figures have been weighted and are representative of all respective market adults (aged 18+). Ogilvy designed the questionnaire in collaboration with YouGov.

About Ogilvy PR

Ogilvy PR and Influence is a global creative communications agency that partners with organisations to drive value and growth. We build brands, protect reputations, and earn attention and influence through creative storytelling informed by data, and fuelled by technology. Our specialist practice areas offer media relations, social and digital communications, external and internal stakeholder communications, issues and crisis management, and stakeholder engagement. We are the region’s largest and most specialised public relations and public affairs consultancy.

The rally has been led by export-heavy names such as Gokaldas Exports, KPR Mill, Welspun Living, Trident, Indo Count Industries and Pearl Global Industries, whose earnings prospects have brightened after tariff relief in key overseas markets. The sector has drawn renewed attention at a time when broader equities have faced bouts of volatility linked to global rates, trade uncertainty and uneven consumption trends.

The immediate trigger has been a series of trade developments that have altered expectations for the industry. A trade understanding with the US reduced tariffs on a range of goods, easing pressure on apparel exporters that had been absorbing costs to protect long-standing customer relationships. The India-UK Comprehensive Economic and Trade Agreement, due to take effect on July 15, is expected to remove tariffs of up to 12 per cent on textiles and clothing shipped to Britain.

That change is significant for companies competing against Bangladesh, Vietnam, Cambodia and China in price-sensitive categories. Apparel and home textile exports operate on thin margins, and even a modest tariff difference can influence sourcing decisions by large retailers. Zero-duty access to the UK strengthens the case for shifting more orders to factories with scale, compliance records and established relationships with global buyers.

Gokaldas Exports has become a focal point for the trade. The Bengaluru-based apparel exporter manufactures about 90 million garments a year and earns a large share of revenue from the US, while also serving markets such as Canada, the UK and France. Its customer base includes major retailers, making it one of the more direct beneficiaries of improved tariff conditions. The company’s fiscal 2025 revenue stood at about ₹38.64 billion, and management has indicated scope for margins to move into double digits as the benefit of lower duties flows through.

Welspun Living, one of the world’s largest home textile manufacturers, is another major beneficiary of the shift. Its presence in towels, sheets, rugs and other home products gives it exposure to large-format retail demand in North America and Europe. The company has also invested in traceability, sustainable cotton sourcing and branded offerings, areas increasingly monitored by overseas buyers under stricter compliance and environmental standards.

KPR Mill, with its integrated operations across yarn, fabric, garments and sugar, has attracted investor interest because of its operating scale and relatively strong balance sheet. Pearl Global Industries and Indo Count Industries have also gained attention as investors look beyond the most visible exporters to companies with capacity expansion plans, customer diversification and scope to improve utilisation.

The rally has not been confined to a single trade event. Textile counters moved sharply in February after the US tariff relief, again after clarity on the UK agreement, and then attracted further institutional interest as brokerages initiated coverage on several sector names. Some reports have projected potential upside of more than 40 per cent in select stocks, though the bullish view is not uniform. More conservative calls on parts of the sector reflect concerns over valuations, cotton prices, wage inflation and execution risks.

The optimism also comes after a difficult period. Higher US tariffs had squeezed exporters, forcing some companies to absorb costs or offer discounts. Global retailers delayed shipments in parts of fiscal 2025 as tariff uncertainty disrupted ordering cycles. Demand in discretionary categories such as home textiles has been uneven, especially in the US, where retailers worked through excess inventory after the pandemic-era surge.

That makes the latest rally a test of whether tariff gains can translate into sustained earnings growth. Investors are looking for evidence of higher order books, improved realisations and better plant utilisation over the next two to four quarters. Margin expansion will depend not only on lower duties but also on raw material prices, currency movement, freight costs and the ability of exporters to negotiate better terms with buyers.

The rupee’s movement will also be important. A weaker rupee generally supports exporters, but higher imported input costs can dilute the advantage. Cotton price volatility remains another risk, particularly for companies that cannot pass on cost increases quickly. Compliance spending, labour availability and delivery timelines will influence whether larger buyers shift orders at scale.

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Pay-per-use features are currently available in Australia, Singapore, Thailand, and Malaysia, and will subsequently roll out across other locations.

This builds on JustCo’s broader strategy to integrate workspace discovery, access, and usage into a unified digital platform across markets. The JustCo Store, available on web and powering the app, provides real-time visibility of workspace availability across locations.

Concurrently, since the start of the year, JustCo has successfully opened new locations across Bengaluru, Gurugram, Kuala Lumpur, Manila, Singapore and Taipei, reflecting a steady pipeline growth. Additional openings have also been confirmed across Singapore, Kuala Lumpur, Mumbai, Seoul, Tokyo and Yokohama, providing clear visibility for the second half of the year.

Together, these openings underscore JustCo’s commitment to executing the expansion strategy presented to investors at the time of its IPO and further strengthening its footprint across Asia Pacific’s leading commercial hubs.

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Hashtag: #JUSTCO

The issuer is solely responsible for the content of this announcement.

About JustCo Holdings Limited

JustCo is a platform building the future of work across Asia Pacific. Our vision is to be the global benchmark for flexible workspace by creating connected ecosystems where people, businesses and communities can thrive.

Through our portfolio of brands, including The Collective, JustCo and the boring office, we support organisations of all sizes, from startups and SMEs to multinational corporations, with flexible workspace solutions across multiple cities and markets.

Beyond workspace, JustCo helps businesses scale faster through flexibility, operational simplicity and access to a regional network. For landlords, we transform buildings into vibrant business destinations that attract demand, enhance asset performance and create long-term value.

Together with our members, partners and landlords, we are building an ecosystem that connects work, business, learning, wellness and community, enabling people and organisations to grow and succeed.

For more information, visit: justcoglobal.com

By K Raveendran The arithmetic of India’s fuel market has long been sold as market-driven, but the latest price movements expose a more selective discipline. When crude oil rises, the pass-through to consumers and businesses is quick, stern and explained as unavoidable. When the same crude oil retreats, the adjustment becomes cautious, partial and wrapped […]

The article Retail Petroleum Prices Fall Only On Paper As Consumers Wait In Anticipation appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

From 1st July to 31st July 2026, travellers passing through some of the world’s most iconic airports (Athens, Delhi, Doha, Dubai, Frankfurt, Madrid, New York JFK, Singapore and Zurich) will encounter a mesmerising pop-up experience celebrating both brands and, above all, will have the chance to bid in person on the Toblerone Crystal Bar crafted by Swarovski.

Hashtag: #Toblerone #Neversquare #CrystalBar #UltimateGift #SwarovskiCrystals

The issuer is solely responsible for the content of this announcement.

About Toblerone

In 1908, Theodor Tobler and Emil Baumann invented a unique chocolate: Toblerone. “Toblerone” is a portmanteau of “Tobler” and “Torrone,” the Italian term for honey-almond nougat. Its distinctive triangular shape has been recognised around the world ever since. Today, production remains based in Bern Brünnen, where employees work with great passion every day — producing up to 4 million Toblerone products daily, with around 90 percent of all Toblerone sold worldwide manufactured right there in Bern.

Toblerone has never been square. Not in shape. Not in spirit. And not in ambition. Never Square is the belief that the best things in life refuse to conform — and that the most interesting gifts are rarely the obvious ones.

About Swarovski

Masters of Light Since 1895.

Swarovski creates beautiful products of impeccable quality and craftsmanship, celebrating joyful extravagance and self-expression.

Founded in 1895 in Austria by Daniel Swarovski, Swarovski creates the world’s finest crystals, Swarovski Created Diamonds, Swarovski Crystal Pearls and Swarovski Zirconia, jewelry, and accessories, as well as home décor and crystals for the automotive industry.

Swarovski Crystal Business operates in more than 140 countries worldwide, with 2,200 boutiques complemented by a network of selected multibrand partners and employs approximately 18,300 people globally. Together with its sister companies, Swarovski Optik and Tyrolit, it forms the Swarovski Group. Rooted in the company’s heritage, Swarovski strives to make a positive impact on people, society, and the planet. Today, sustainability measures are implemented throughout the value chain, with a focus on circular innovation, championing diversity and inclusion, and encouraging self-expression. This includes the philanthropic work of the Swarovski Foundation, which supports charitable organizations bringing positive environmental and social impact.