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  • July 13, 2014
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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, ... store. "When we decided to come to Asia, we looked at different countries where we would focus. We like China and South Korea for their long-term potential," Rene Tremblay, president ...

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

    Slump in China’s wine market forces shake-out, rethink

    Posted Jun 03rd 2014, 10:41am by Benjamin Robertson

    ... by officials and state-owned enterprises and went down like a corked claret among wine merchants used to seeing the China market as a bottomless vat. Wine imports in the first three months of this year ... and "this explains why as a responsible listed company we have already issued a profit warning", financial controller Rex Yeung said. A collapse in spending by SOEs has forced China ...

    http://www.scmp.com/business/china-business/article/1524345/slump-chinas-wine-market-forces-shake-out-rethink
  3. Business - China Business - RETAILING

    Chinese customers' lack of loyalty puts pressure on brands

    Posted Jun 11th 2014, 01:15am by TIFFANY AP

    ... consolidation in both the retail and [fast-moving consumer goods] sectors but this does not mean that multinational companies will absorb local players. In fact, in recent deals between Tesco and China Resources Enterprise, Danone and China Mengniu Dairy, and Pepsi and Master Kong, the local companies have become the dominant partners," the study said. ...

    http://www.scmp.com/business/china-business/article/1529584/chinese-customers-lack-loyalty-puts-pressure-brands
  4. Business - Companies - RETAILING

    Prada shares sold off on earnings slide for first quarter

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

    ... said. "That's the real risk for Prada as they continue to roll stores out. The macro environment in China and other emerging markets isn't great so you have a real risk of margins ...

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

    Luxury brands must embrace digital strategies, industry summit told

    Posted Jun 05th 2014, 05:34am by TIFFANY AP

    ... Group, which owns prestige menswear brands Gieves & Hawkes and Kent & Curwen, told a panel discussion yesterday of industry insiders at the South China Morning Post 's inaugural ...

    http://www.scmp.com/business/companies/article/1525564/luxury-brands-must-embrace-digital-strategies-industry-summit
  6. Business - Companies - RETAILING

    Li & Fung touts benefits of Hong Kong for new Global Brands Group

    Posted May 23rd 2014, 12:51am by TIFFANY AP

    ... in Asia. "It's a much better place to base yourself. We have China on the doorstep. A lot of brands are coming to us because really we're the only company that's global ... With the opening up of China, there's a huge opportunity and in Asia to globalise brands." On Wednesday night, the stock exchange accepted the formal application for the spin-off and began ...

    http://www.scmp.com/business/companies/article/1518130/li-fung-touts-benefits-hong-kong-new-global-brands-group
  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

    ... Peggy Sito peggy.sito@scmp.com Growth of shops selling Korean wares in the city is testament to the country's popularity S Korea rides cultural wave into HK stores Long queues outside Korean fried chicken restaurants and the emergence of more outlets ...

    http://www.scmp.com/property/hong-kong-china/article/1516104/korean-retailers-ride-wave-k-pop-and-tv-dramas-hong-kong
  8. Business - Companies - RETAILING

    Nu Skin urges mainland government to reform rules on direct selling

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

    ... to revise the rules on direct sales. "It has been 10 years since the publication of the first direct selling rule in China," said Vincent Cheng, Nu Skin China's vice-president. "Some of the restrictions have been a stumbling block to a healthy growth of the [market]." Nu Skin hoped authorities could loosen regulations on marketing meetings. "China ...

    http://www.scmp.com/business/companies/article/1501207/nu-skin-urges-mainland-government-reform-rules-direct-selling
  9. Business - Companies - RETAILING

    Daily items top mainland China tourists' Hong Kong shopping list

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

    ... Sandy Li sandy.li@scmp.com Unlike big spenders, visitors with limited budget go for medicines, milk powder and snacks Daily items top mainland tourists' HK shopping list Medicines and milk powder were at the top of Qiu Lai's shopping list, while ...

    http://www.scmp.com/business/companies/article/1466495/daily-items-top-mainland-china-tourists-hong-kong-shopping-list
  10. Business - Companies - RETAILING

    Prada pins growth hopes on China's luxury sector

    Posted Apr 04th 2014, 01:14am by AFP

    ... Agencies in Paris and Milan Italian group says a strong euro and a higher tax charge are blamed for flat profit increase Prada pins growth hopes on luxury sector in China The Chinese ... of a slowing luxury sector in China, after reporting almost flat net profit of €627.8 million (HK$6.7 billion), up just 0.3 per cent year on year. It said on Wednesday that the results had been held ...

    http://www.scmp.com/business/companies/article/1464315/prada-pins-growth-hopes-chinas-luxury-sector

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