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  • November 28, 2014
  • Last updated: 11:32pm
Hong Kong




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Results 1 - 10 of 14 for currency

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  1. Business - Economy - RETAILING

    The not-so-Great Singapore Sale: Mainland shoppers say Hong Kong is better value

    Posted Aug 05th 2014, 03:25am by Bloomberg

    ... in the 24 months to June. Singapore has seen its currency strengthen about 3 per cent against mainland China's yuan in the past year, the most after the Korean won among major Asian currencies ...

  2. Business - Companies - RETAILING

    Giordano net profit falls as clothing fails to impress

    Posted Aug 15th 2014, 01:09am by TIFFANY AP

    ... figure reflected the adverse impact of a weak Thai baht and Indonesian rupiah, and that excluding the currency impact, sales fell by 4 per cent. "It varies from market to market," said ...

  3. 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 ...

  4. 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 ...

  5. 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 ...

  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 - 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 ...

  8. 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 ...

  9. Business - Companies - RETAILING

    H&M trails Zara's Inditex in fast-fashion retail stakes

    Posted Sep 28th 2012, 12:00am by Bloomberg

    ... emerging markets." While H&M's sales in the quarter increased 10 per cent at local currency rates, the gross margin narrowed to 58.2 per cent from 58.6 per cent a year earlier, ... profitability, had a "neutral to positive effect", H&M said. Currency shifts, mainly the strength of the krona against the euro, reduced profit by about 200 million kronor. "I'm ...

  10. Business - Companies - RETAILING

    Yata vows cheaper food after openings

    Posted Jun 07th 2013, 12:00am by Anita Lam

    ... such as Japanese noodles, now cost less than they did in 2009. Chong said, however, that the drop in retail prices of Japanese goods could never fully reflect the rate of the currency's depreciation, ...




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