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  • April 17, 2014
  • Last updated: 1:27am
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Results 1 - 10 of 143 for china market

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  1. Business - China Business - RETAILING

    Watchmaker Bremont takes its own time with move into China market

    Posted Feb 03rd 2014, 04:11am by Denise Tsang

    ... English said. "It is silly to miss China, a market so important that one has to do it correctly." Better known among chronometer collectors and the aviation and military industries, the mechanical watch brand is a relative newcomer to a market seemingly overrun by Swiss rivals such as Rolex and Breitling. China, which encourages domestic consumption and is moving away from ...

  2. Business - Companies - RETAILING

    Prada pins growth hopes on China's luxury sector

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

    ... Les Echos yesterday, Prada chief executive Patrizio Bertelli said China would be the key market for the company and forecasts of sharp slowdown in the country's luxury market were ... and retail locations in its sights include China, in contrast with Gucci, which has pulled out of some locations in the world's biggest market for luxury goods. "Even if we open the shops ...

  3. Business - China Business - RETAILING

    Sun Art aims to boost market share by opening more stores

    Posted Mar 04th 2014, 05:09am by TIFFANY AP

    ... hypermarket operator Sun Art Retail plans to roll out up to 55 stores this year and 160 over the next three years in a bid to win more market share in a highly fragmented market. Its shares climbed 7.14 per cent to HK$9.45 yesterday on the news that its profit for the year to December 31 grew 15.2 per cent to 2.78 billion yuan (HK$3.52 billion). "We want to increase our market share. ...

  4. 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 ... growth." According to the China Beige Book survey of businesses nationwide, retail sales over the Lunar New Year holiday were the weakest in at least three years. Revenues, sales and profits were ...

  5. Business - China Business - RETAILING

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

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

    ... of last year. However, mainland shoppers continued to be the world's biggest spenders in the global luxury market, with two-thirds of their total spending made outside China. Luxury ... 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 ...

  6. Business - Companies - RETAILING

    Dymocks plans growth despite changing habits

    Posted Apr 14th 2014, 05:07am by Denise Tsang

    ... in the Great China region through a joint venture with SCMP Group since 1999, is seeking to bring back the number of stores to about 12 after three were closed last year when their rental contracts expired, said Jannie Tam, general manager of the joint venture, Dymocks Franchise Systems (China). Fifteen years after its inception in Hong Kong, the internet, smartphones and tablets ...

  7. Business - Companies - RETAILING

    Tesco profit declines for second year as UK sales worsen

    Posted Apr 17th 2014, 01:09am by BLOOM

    ... … is changing more rapidly than ever before TESCO CEO PHILIP CLARKE Tesco said it wrote down the value of its European assets by £734 million and its discontinued operation in China by £540 million. ... The German discounters have gained market share with low prices on both everyday and luxury items, holding a combined 8 per cent in the 12 weeks to March 30, up from 6.3 per cent a year earlier, ...

  8. Business - Companies - RETAILING

    Watchmakers woo women to boost sluggish sales

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

    ... 7.5 per cent in 2013, led by China and Swatch Group brands. In the same year, the share of female watches in the luxury watch market rose to 35 per cent from 20 per cent in 1995, market ... women. "In China, women are really emerging as buyers. There are more women buying for themselves," he said. The Asian market is also a cross-over point for another trend- ...

  9. Business - China Business - RETAILING

    Retailer hopes Old Navy will bridge China gap

    Posted Mar 03rd 2014, 03:22pm by Reuters

    ... of Old Navy? Only a few had. Brand awareness is one of the uphill battles Gap faces in China as the firm looks to increase its stake in the world’s second-largest clothing market, where it lags ... This is the No 1 growth vehicle for the company,” Kirwan said. A bastion of the clothing sector in the United States, where it has about 4 per cent of the apparel market, Gap entered China behind its rivals, ...

  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 ... this year in all three of its key product segments: rice crackers; dairy products and beverages; and snack foods. With a market value of HK$144 billion, Want Want mainly competes with Taiwanese food ...




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