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  1. Business - China Business - RETAIL

    Anta earnings jump 28.3pc as turnover, margin rise

    Posted Aug 06th 2014, 03:40pm by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Anta sees profit rise 28pc in first half Anta Sports, the mainland's largest sportswear company by market share, reported a 28.3 per cent year-on-year surge in first-half net profit, the first mainland sportswear brand to post a stable recovery in the struggling sector. Earnings for the mass-market brand, which also distributes Fila products ...

    http://www.scmp.com/business/china-business/article/1567635/anta-earnings-jump-283pc-turnover-margin-rise
  2. Business - Companies - RETAIL

    China market to play big role in revival of Juicy Couture

    Posted Jul 11th 2014, 10:26am by TIFFANY AP

    ... rocketing sales growth in mainland China and other foreign markets could provide the firm with a lifeline for its legacy leisurewear. "It was always our plan to not so much revamp the brand as the company," Woodhouse said. "The brand itself is very, very strong and is very well received globally and particularly in Asia." The company says the Asian market has outpaced all other ...

    http://www.scmp.com/business/companies/article/1551765/china-market-play-big-role-revival-juicy-couture
  3. News - Hong Kong - RETAIL

    Catering to local consumers, 759Store chain ploughs ahead despite worries over visitor number cuts

    Posted Jun 13th 2014, 04:48am by Amy Nip

    ... market figured? The 759Store will power ahead with a plan to open 13 more shops selling cosmetics and personal care products this year, despite speculation that the government is looking ... of retail stocks. "The government makes things look like a disaster, but is not doing anything to solve the problem," he added. Instead of causing panic, authorities should improve ...

    http://www.scmp.com/news/hong-kong/article/1531003/has-759-boss-got-market-figured
  4. News - Hong Kong - RETAIL

    Holiday rush takes toll on formula stocks

    Posted Oct 02nd 2013, 12:00am by LO WEI

    ... to be seen to have enough stock as Food and Health Secretary Dr Ko Wing-man has promised to scrap the two-tin limit imposed on outbound travellers if it is found there is enough for the local market. Consultants employed by the government will pay visits to pharmacies to check stocks during and after the holiday. Chiu Chow Dispensary in Mong Kok, which joined the coupon scheme, set aside about 30 ...

    http://www.scmp.com/news/hong-kong/article/1322386/holiday-rush-takes-toll-formula-stocks
  5. Business - Economy - RETAIL

    Hong Kong year-on-year retail sales show 4.1 per cent drop for May

    Posted Jul 03rd 2014, 11:47pm by TIFFANY AP

    ... was there, it wasn't that obvious. If you look at 2013, it wasn't actually that great." Sarah Quinlan, head of market insights for Mastercard, which runs its own spending index, said ... enough to bring it up to a positive. People were discounting to get the traffic," she said. She said the impact of the jewellery downturn was being felt across the market as the sector made ...

    http://www.scmp.com/business/economy/article/1546132/hong-kong-year-year-retail-sales-show-41-cent-drop-may
  6. News - Hong Kong - RETAIL

    'New law no contest for supermarkets' power'

    Posted Jun 13th 2014, 04:48am by Amy Nip

    ... retail chain, saying his prices were too low. Under the new law, which bans price-fixing between traders and abuse of market power by dominant players, Lam could demand an investigation to see ... the market. Distributors recommend a retail price for all retailers, but the legality of this arrangement under the competition law remains unclear. Even if the system of recommended retail prices ...

    http://www.scmp.com/news/hong-kong/article/1531053/new-law-no-contest-supermarkets-power
  7. News - Hong Kong - RETAIL

    Hong Kong jewellers fear shine taken off 'golden week' this year

    Posted May 02nd 2014, 03:39am by Amy Nip, SHIRLEY ZHAO

    ... "It was the gold rush last year. Now the market has stabilised." The outlook was brighter at Wtc More, which launched cosmetics-themed promotions to cash in on the break. The management ... In a report last month, the World Gold Council said 2014 was likely to be a year of consolidation for China's gold market. Last year, the opening price of 99 tael gold at the Chinese Gold ...

    http://www.scmp.com/news/hong-kong/article/1501943/hong-kong-jewellers-fear-shine-taken-golden-week-year
  8. Business - Companies - RETAIL

    Fast Retailing CEO upbeat despite Asia tensions

    Posted Mar 05th 2014, 04:36pm by TIFFANY AP

    ... of the company's secondary listing, aimed at raising its profile in the region. Fast Retailing's first day of trading on the Hong Kong Stock Exchange saw its shares soar as much as 31.5 per cent from their HK$27.36 offer price before falling back to HK$29- up 5.99 per cent- when the market closed. Yanai wants to achieve five trillion yen (HK$378 billion) in annual sales and become the biggest apparel ...

    http://www.scmp.com/business/companies/article/1440986/fast-retailing-ceo-upbeat-despite-asia-tensions
  9. News - Hong Kong - RETAIL

    HK$1,500 fixed penalty proposed for shops that spill into the street

    Posted Mar 15th 2014, 04:11am by SHIRLEY ZHAO

    ... at restaurants, wet market stalls that spill outside and construction companies that extend their business onto the pavement as the main targets for the proposal. But he raised the possibility that, ... Young said local communities or district councils might be able to identify areas where the rules were relaxed, and cited Mong Kok's flower market as an area where the government would ...

    http://www.scmp.com/news/hong-kong/article/1448875/hk1500-fixed-penalty-proposed-shops-spill-street
  10. Business - Money - RETAIL

    Esprit shares fall sharply in Hong Kong after broker downgrades

    Posted May 09th 2013, 12:00am by Celine Sun

    ... yesterday after brokers downgraded the stock. The shares fell as much as 7.3 per cent in the morning before closing at HK$10.38, down 4.8 per cent on a day when the Hang Seng Index rose 0.86 per ... Fischer said. Esprit, which is struggling to revive its brand amid a decline in its market share, is halfway through an HK$18 billion transformation plan. Fischer said it would take years ...

    http://www.scmp.com/business/money/markets-investing/article/1233261/esprit-shares-fall-sharply-hong-kong-after-broker

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