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  1. Brand mulls regional expansion

    Posted Oct 29th 2010, 12:00am by Mukul Munish

    ... Mukul Munish Hong Kong serviced apartment brand Ovolo has engaged 3R Hospitality Partners to help with its expansion across the Asia-Pacific. Fast-growing Ovolo recently acquired two new ... founder and managing director, Girish Jhunjhnuwala, is now seeking to expand into hotel and serviced apartment management services across the region. 3R's Asia-based principal, Robert Wilson, ...

  2. Best Buy closes branded stores to grow Five Star Appliance chain

    Posted Feb 23rd 2011, 12:00am by Celine Sun

    ... Celine Sun in Beijing Best Buy, the world's largest consumer electronics retailer, will close all nine of its branded stores in China and concentrate on the profitable domestic chain ... its nine branded outlets in Shanghai, Hangzhou, Beijing and Suzhou. Suning had about 1,300 stores in more than 200 cities last year while Gome operates about 1,200 outlets, including 370 owned ...

  3. L'Occitane's brand building pays off in Asia

    Posted May 11th 2010, 12:00am by Staff Reporter

    ... cosmetics packaging company. Geiger made an investment in L'Occitane in 1994 when he saw that the investment fund that had bought the company in 1992 had installed a management team ... our stores were not doing too well. Sales were very little, and there was no brand awareness,' he said. L'Occitane has heavily leveraged its Provencal roots in its marketing ...

  4. Joyce swings back to black, boosts its brand range

    Posted Jun 24th 2004, 12:00am by Sandy Li

    ... Boutique said it had acquired rights to represent additional major brands, including Etro, Donna Karan and Michael Kors, beginning with the autumn/winter season. Managing director Adrienne Ma said ...

  5. Brands add jam to the bread and butter

    Posted Apr 10th 2004, 12:00am by Staff Reporter

    ... widened margins and boosted sales. Operating margins rose from 6.1 per cent to 6.6 per cent and management believe more gains are likely. It was the purchase of Japanese power-tool brand Ryobi ... businesses grow. Other OEMs looking for a brand to latch on to will be encouraged by the amount of cash Techtronics generates. Free cash flow doubled over 2002 to HK$1.25 billion and management has ...

  6. Mandarin wins deal to manage Paris hotel

    Posted May 29th 2004, 12:00am by Staff Reporter

    ... Kelvin Wong Mandarin Oriental will manage one of the grandest hotels in Paris as it continues to expand its reach beyond Asia. The hotel operator, a subsidiary of conglomerate Jardine Matheson Group, will take over management of Hotel Royal Monceau, a 1920s-era landmark facility in the swank Eighth Arrondissement, not far from the Champs-Elysees. 'This is a significant step ...

  7. Expand the brand

    Posted Jun 29th 2005, 12:00am by Jamil Anderlini

    ... your mind now and then. In addition, partly through its subsidiary Hang Seng Bank, HSBC owns shares in Ping An Bank, Industrial Bank, a broker and an asset management joint venture. 'These ... doubled its assets to a little more than US$1 trillion. A string of mostly well-managed high-profile acquisitions since the late 1980s has brought it success and status as the only truly global ...

  8. Cash-rich giant bags brands in the region

    Posted May 09th 2005, 12:00am by Lee Chipongian

    ... Cojuangco and Ramon Ang, the company president, coughed up US$500 million as investment money- a budget to acquire new brands. Since 1999, SMC has concluded 15 alliances and buy-ins that cost ... They chose to expand.' As of the end of last year, SMC's long-term debt stood at US$640 million, according to its auditor, SGV & Co. 'It is a manageable debt,' Mr Rodrigo ...

  9. Shanghai Auto wants to build own brand

    Posted May 02nd 2005, 12:00am by Mark O'Neill

    ... Mark O'Neill in Shanghai Car will probably be based on Rover 75 and may be on the road in two years Shanghai Auto Industry Corp (SAIC) plans to produce its own brand of cars, probably based on the Rover 75, by the first quarter of 2007, putting it in direct competition with its two joint-venture partners. Zhao Fenggao, a general manager at Shanghai Automotive Co (SAC), ...

  10. Wealth management revenue dips

    Posted Aug 31st 2009, 12:00am by Enoch Yiu

    ... Enoch Yiu and Maria Chan Wealth management has been a key area of growth for local lenders in the past few years, often accounting for 10 to 20 per cent of revenues, but the latest round of banking results show the glory days are gone. Most lenders posting first-half results have reported declining fee income from their wealth management businesses because of a weaker market ...




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