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  • October 25, 2014
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  1. News - Hong Kong - RETAIL

    Supermarket prices surge above rate of inflation

    Posted Apr 16th 2013, 12:00am by THOMAS CHAN AND DENNIS CHONG

    ... that of the Composite Consumer Price Index, which rose by 4.1 per cent. The highest average increases were seen in the prices of canned fish, which leapt 18.1 per cent; eggs, up 17.5 per cent; and milk powder, ... and canned fish soaring above the prices of other household basics, the latest consumer watchdog survey has revealed. The Consumer Council conducted an annual poll of the prices of 200 common ...

  2. Business - Economy - RETAIL

    South Korean consumer spending rebounds

    Posted Aug 07th 2014, 04:06pm by Reuters

    ... drive to revive faltering growth in Asia’s fourth-largest economy. Domestic demand faltered as consumers recoiled after the shock of a deadly ferry accident in April, and with exports failing ... and domestic demand. His push for coordinated efforts by policymakers also prompted investors to price in at least one interest rate reduction by the central bank as soon as next week. The sudden ...

  3. Business - Companies - RETAIL

    Chinese consumers' taste for luxury brands are evolving

    Posted Jun 29th 2013, 12:00am by BIEN PEREZ

    ... Mainland consumers put cars top of their opulence rankings with beauty products, fashion and jewellery also popular, a new luxury index shows Hong Kong-listed companies Chow Tai Fook, ... beauty products, watches, jewellery and hotels continue to dominate the rankings found in the second edition of World Luxury Index China 2013 , which was released yesterday by New York-based ...

  4. Business - Economy - RETAIL

    Hong Kong protests put huge dent in Asia luxury goods sales

    Posted Oct 20th 2014, 05:05am by AFP

    ... and a clampdown on lavish spending by government officials, is crippling luxury goods firms that are used to viewing the growing pool of wealthy consumers in the world's No 2 economy as a cash cow. ...

  5. Business - Companies - RETAIL

    Department store chain Yata prospers by appealing to Hong Kong's tastes

    Posted Oct 11th 2014, 04:09am by TIFFANY AP

    ... of the year. Opening a store in Kwun Tong, Chong said the performance showed the power of local consumers and that the industry does not have to pander to mainland tourists to drive sales. "I have ... we've already crossed it." Chong said the average ticket price for its seven-store network is below HK$100, although each location is slightly different. "It is HK$120 at the Sha Tin ...

  6. 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

    ... at curbing mainland tourist numbers. Coils Lam Wai-chun, the boss of the fast-growing chain, which made a name selling snacks and other processed food at bargain prices, is also upbeat about his new ... is expected to rise from 40 million last year to 100 million by 2020. "[Leung] is just playing with words," Lam said. "Everybody has now turned their focus to the falling prices ...

  7. Business - RETAIL

    Department stores find ways to thrive despite online competition

    Posted Oct 16th 2014, 01:05pm by Reuters

    ... Reuters in Paris Rise of e-commerce hits sales, but traditional department stores are luring back customers Department stores are starting to enjoy a renaissance after finding ways to attract a new generation of consumers in an age of global fashion chains and online shopping. Retail consultancy Verdict predicts the global sector should return to growth in 2014 and expand by 22 ...

  8. Business - Companies - RETAIL

    Prada bullish despite consumer slowdown fears

    Posted Apr 06th 2013, 12:00am by PAUL SOH

    ... consumer slowdown fears Prada remains confident about its prospects this year, despite fears of poor consumer demand in Asia because of the weakening yen and Beijing's clampdown on lavish ... capital expenditure and dividend payments to shareholders. Prada's stock price, which more than doubled last year, is up 4 per cent this year, outperforming a 4 per cent fall in the Hang Sang ...

  9. Property - Hong Kong & China - RETAIL

    China’s online retail market squeezes bricks-and-mortar shops

    Posted Sep 23rd 2014, 10:07am by Peggy Sito

    ... growth in online retail sales. Chinese consumers spent US$296.57 billion online last year, 13 per cent more than their US counterparts. The figures make China the biggest market for online ...

  10. Business - Companies - RETAIL

    Denim retailers look to innovate

    Posted Sep 15th 2014, 09:29am by TIFFANY AP

    ... breathable, wicking, seamless, stain-resistant, to fill their wardrobe. “Over the past ten years, we’ve seen this marriage of fashion and sport in athletic wear into one product where the consumer ...




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