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  • July 24, 2014
  • Last updated: 6:00pm
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  1. Property - Hong Kong & China - RETAILING

    Taubman Asia investing US$600m in new shopping centres

    Posted Jul 09th 2014, 05:02am by Sandy Li

    ... a partnership with China's largest department store operator, Beijing Wangfujing Department Store, to invest a total of about US$230 million in two shopping centres in Xian, Shaanxi province, ... Hangzhou, Beijing and Wuhan. Undaunted by an oversupply of retail spaces in China, Tremblay still sees opportunities in some cities. CityOn.Xian, Taubman's joint venture shopping centre ...

  2. Business - Companies - RETAILING

    New product lines seeing double-digit growth, says Li Ning CEO

    Posted May 31st 2014, 12:59am by TIFFANY AP

    ... in the double digits JIN GOON KIM, LI NING Like many domestic sportswear players that were cash-rich after their listings, Li Ning expanded too quickly in the lead-up to the 2008 Beijing Olympics, ...

  3. Business - Companies - RETAILING

    Nu Skin urges mainland government to reform rules on direct selling

    Posted May 01st 2014, 01:27am by Daniel Ren

    ... authorities for illegal sales practices, makes and sells anti-ageing and weight-loss products. It has teamed up with a clutch of US firms such as Amway, Herbalife and Mary Kay to lobby Beijing ... regulations on direct selling. Beijing promulgated rules on direct selling in 2005, but businesses must comply with tight regulations owing to worries about pyramid scams where salespersons would ...

  4. Business - China Business - RETAILING

    Beijing's anti-corruption drive hits China's luxury market

    Posted Dec 18th 2013, 06:13am by Daniel Ren

    ... Daniel Ren in Shanghai ren.wei@scmp.com The slow growth of high-end items is in stark contrast to general sales, which climbed 13pc Anti-graft drive stifles mainland's luxury market The Communist Party's crackdown on corruption has hit luxury sa ...

  5. Business - Companies - RETAILING

    Watchmakers woo women to boost sluggish sales

    Posted Apr 08th 2014, 01:08am by Reuters

    ... analysts Bain & Co found. Stephen Urquhart, head of Swatch Group's Omega brand, said the success of its Ladymatic model, first launched in Beijing in 2010, was largely driven by Asian ...

  6. Business - Companies - RETAILING

    Daily items top mainland China tourists' Hong Kong shopping list

    Posted Apr 07th 2014, 04:38am by Sandy Li

    ... Beijing with his wife and their three-year-old daughter. They spent about HK$30,000, mainly on an Apple computer, electronic items and some medicinal products. "We have a holiday every ...

  7. Business - China Business - RETAILING

    Growth in mainland Chinese interest in premium Swiss watches surges

    Posted Mar 27th 2014, 10:26am by BIEN PEREZ

    ... no signs of a slowdown, despite weak sales last year caused by Beijing's crackdown on extravagance among government officials. The Federation of the Swiss Watch Industry reported last month ...

  8. Business - China Business - RETAILING

    Mainland China sportswear sector not out of the woods yet

    Posted Mar 24th 2014, 04:45am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Industry players are struggling with sagging numbers after Olympics spending binge and unrealistic expectations of market demand Sportswear sector not out of the woods yet The mainland's sportswear retailers have been struggling with sagging numbers after over-expansion in the lead-up to the 2008 Beijing Olympics and unrealistic expectations ...

  9. Business - Companies - RETAILING

    Chow Tai Fook's golden touch is lost on investors

    Posted Mar 22nd 2014, 01:30am by Jasper Moiseiwitsch

    ... opened a diamond jewellery franchise in Beijing. In 2003, the mainland lifted its restrictions on gold sales, letting foreign jewellery shops deal in the metal for the first time. Chow Tai Fook ...

  10. Business - China Business - RETAILING

    Want Want China profit soars on back of lower raw material costs

    Posted Mar 12th 2014, 01:26am by Celine Sun

    ... Celine Sun in Beijing celine.sun@scmp.com Want Want profit soars on back of lower costs Shares of Want Want China, the mainland's top snack food and dairy products maker, jumped as much as 7 per cent yesterday after it reported net profit grew by nearly a quarter last year. Lower costs for key raw materials, product price increases and a better sales mix were the main ...




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