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  • July 24, 2014
  • Last updated: 2:42am
Hong Kong




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Results 1 - 10 of 18 for currency crisis

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  1. Business - Companies - RETAILING

    Swatch Group voices concerns over uncertain Hong Kong outlook

    Posted Jul 23rd 2014, 01:33am by Reuters

    ... currencies in July and we expect that trend to continue in the second half," Hayek said. He said demand in Europe was still sluggish, but the US and Japan were robust. The mainland also picked ...

  2. Business - Companies - RETAILING

    Prada shares sold off on earnings slide for first quarter

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

    ... though Macau was solid and Japan, in local currency terms grew 30 per cent," a Nomura report said. I think the share price move was warranted given the extent of the disappointment GARY ...

  3. Business - Companies - RETAILING

    European debt crisis key to Esprit sales, outgoing chief says

    Posted Sep 27th 2012, 12:00am by Toh Han Shih

    ... crisis: chief A deepening of the European debt crisis may hurt sales at clothing retailer Esprit, outgoing chief executive Ronald van der Vis warned yesterday. Van der Vis resigned as the Hong ... is not improving and consumer confidence is highly impacted," said van der Vis. "If the crisis worsens in Europe, it will impact our business. If the crisis improves, our business ...

  4. Business - Companies - RETAILING

    Watchmakers woo women to boost sluggish sales

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

    ... financial crisis hurt sales, it was followed by a stronger rebound that was driven by demand in China. Now however, sales of men's watches in China have slowed, and demand in the West ...

  5. Business - Companies - RETAILING

    Chow Tai Fook's golden touch is lost on investors

    Posted Mar 22nd 2014, 01:30am by Jasper Moiseiwitsch

    ... prohibited foreign companies from selling gold in the mainland, viewing the metal as a rival currency that undermined their capital controls. Wong was given the job of opening up that market. In 1992 ...

  6. Business - Companies - RETAILING

    Giordano sets out to erase memories of past mistakes

    Posted Feb 28th 2014, 01:10am by TIFFANY AP

    ... 3 per cent last year to HK$663 million, hurt by heavy discounting on the mainland and currency depreciation in Southeast Asia. The company faces high rents in Hong Kong and will slow its store ...

  7. Business - Commodities - RETAILING

    Internet traders bullish on market

    Posted Dec 13th 2013, 04:30am by TIFFANY AP

    ... Mirfin said the firm would explore the digital currency bitcoin in more depth next year. eBay president and chief executive John Donahoe has said he is closely monitoring bitcoin, saying the currency could become "a very powerful thing". "Our president has talked about it a lot," Mirfin said. "At this point it's too speculative as an investment to put ...

  8. Business - China Business - RETAILING

    Tesco and Walmart say goodbye to easy expansion in China

    Posted Oct 20th 2012, 12:00am by Bloomberg

    ... to double stores and build more 37,000-square-metre malls. Hindered by the country's slowest economic growth since the 2009 financial crisis and competition from local markets and regional ... quarter, excluding currency swings, and declined 3.1 per cent in Asia, it said this month. "It's more of a marathon than a sprint," Philip Clarke, Tesco's chief executive, said ...

  9. Business - Companies - RETAILING

    Hong Kong's low-profile DFS brand now ready to go global

    Posted Nov 06th 2013, 04:54am by TIFFANY AP

    ... a global refund policy, enabling a customer to return a product at any of its stores worldwide and be reimbursed in their own currency. While many retailers have only recently turned to the needs ...

  10. Business - Companies - RETAILING

    Harrods tries 'modern' on for size in store revamp

    Posted Jul 17th 2013, 12:00am by BLOOM

    ... younger Britons and leave the store less dependent on overseas shoppers whose spending can be affected by currency fluctuations and political instability, Verdict Research analyst Honor Westnedge ...




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