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  • July 26, 2014
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  1. Property - Hong Kong & China - RETAILING

    Retail vacancies in Hong Kong soaring, but rents dip only slightly

    Posted Jul 26th 2014, 01:38am by Yvonne Liu

    ... still by early next year, but not enough to bring down rents by more than a modest amount, analysts say. Research by consultancy Cushman & Wakefield shows 128 shops in Causeway Bay vacant ... Jeannette Chan, regional director for retail at consultancy JLL. "They are not as aggressive in expansion as before. It left only affordable international luxury brands to remain active ...

    http://www.scmp.com/property/hong-kong-china/article/1559389/retail-vacancies-hong-kong-soaring-rents-dip-only-slightly
  2. Property - Hong Kong & China - RETAILING

    Taubman Asia investing US$600m in new shopping centres

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

    ... by international consultancy CBRE covering 180 global cities. Eight of the top 10 most active shopping centre development markets were in China, namely Chengdu, Tianjin, Shanghai, Chongqing, Shenzhen, ...

    http://www.scmp.com/property/hong-kong-china/article/1549702/taubman-asia-investing-us600m-new-shopping-centres
  3. Business - Companies - RETAILING

    Hong Kong supermarkets concerned by slave claims on Thai fishing fleet

    Posted Jun 13th 2014, 05:57am by Benjamin Robertson

    ... markets," said Bill Sims, a managing director at risk advisory group FTI Consulting. "I see no short-term reaction on the part of Japanese investors," and Thailand was well regarded ...

    http://www.scmp.com/business/companies/article/1531157/hong-kong-supermarkets-concerned-slave-claims-thai-fishing-fleet
  4. Business - Companies - RETAILING

    Prada shares sold off on earnings slide for first quarter

    Posted Jun 07th 2014, 01:13am by TIFFANY AP

    ... Wholesale turnover fell 25 per cent as the company withdraws from department stores to improve its image. "Europe, Hong Kong, Korea, and Singapore were all hit by subdued Chinese tourists, ...

    http://www.scmp.com/business/companies/article/1527015/prada-shares-sold-earnings-slide-first-quarter
  5. Business - Companies - RETAILING

    Rich pay, rich clients, but luxury retail jobs go begging

    Posted May 09th 2014, 11:10am by TIFFANY AP

    ... projections of the number of tourists in the next few years, "this is just going to get worse", Aloy said. Hays recruitment consultant Eddie Chui, who specialises in hiring managers ... "look" that projects the exclusive image of the brand and exudes a certain je ne sais quoi. "How many people do you see on a daily basis who are trilingual and are also well-groomed?" ...

    http://www.scmp.com/business/companies/article/1508134/rich-pay-rich-clients-luxury-retail-jobs-go-begging
  6. Business - Companies - RETAILING

    Less is more as Louis Vuitton stays atop luxury list in brands ranking

    Posted May 22nd 2014, 01:19am by BLOOM

    ... operations at Millward Brown's Optimor consulting arm. Many companies in the category are shying away from an overt focus on increasing market share and distribution to highlight their high-end ...

    http://www.scmp.com/business/companies/article/1517400/less-more-louis-vuitton-stays-atop-luxury-list-brands-ranking
  7. Property - Hong Kong & China - RETAILING

    Korean retailers ride wave of K-pop and TV dramas into Hong Kong

    Posted May 20th 2014, 02:47pm by Peggy Sito

    ... Kong's retail industry. South Korean retailers opening shops in prime shopping streets last year took up 4.17 per cent of Hong Kong's new leases, property consultancy CBRE said. Six South ...

    http://www.scmp.com/property/hong-kong-china/article/1516104/korean-retailers-ride-wave-k-pop-and-tv-dramas-hong-kong
  8. Property - Hong Kong & China - RETAILING

    Hungry shoppers miss out as malls cut food courts for higher rents

    Posted Apr 07th 2014, 04:39am by Sandy Li

    ... but are gradually being edged out by soaring rents," said Jeanette Chan, the real estate consultancy JLL's regional director for Hong Kong. Chan said mall operators preferred to maximise the space ... consider scaling down or closing food courts when improving their properties. "A food court normally caters to the mass market, which may not match the mall's image after ...

    http://www.scmp.com/property/hong-kong-china/article/1466496/hungry-shoppers-miss-out-malls-cut-food-courts-higher-rents
  9. Property - Hong Kong & China - RETAILING

    Hong Kong property experts call for new tack to lure shoppers

    Posted Apr 07th 2014, 04:39am by Peggy Sito, Sandy Li

    ... facilities near the border control point at Lok Ma Chau to capitalise on growing commuter traffic in the delta region, according to property consultants. They also raised attention to Macau. ... said. Thomas Lam, the head of research and consultancy for Greater China at Knight Frank, said establishing a shopping centre at the border was a viable option to capture passenger traffic. ...

    http://www.scmp.com/property/hong-kong-china/article/1466501/hong-kong-property-experts-call-new-tack-lure-shoppers
  10. Business - Companies - RETAILING

    Giordano sets out to erase memories of past mistakes

    Posted Feb 28th 2014, 01:10am by TIFFANY AP

    ... on affordable basics. Chief executive Peter Lau Kwok-keun said Giordano had struggled with a mass market image problem because it had expanded into the mainland too fast and set up in locations that dragged down the brand's image. "What's holding us back is two things. The first one is memory but secondly, our locations," Lau said. "We have stores where we ...

    http://www.scmp.com/business/companies/article/1436717/giordano-sets-out-erase-memories-past-mistakes

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