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  • April 20, 2014
  • Last updated: 5:20pm
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Results 1 - 10 of 10 for currency

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  1. 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 ...

  2. 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 ...

  3. 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 ...

  4. 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 ...

  5. 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 ...

  6. 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, ...

  7. 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 ...

  8. Business - China Business - RETAILING

    Tesco and Walmart say goodbye to easy expansion in China

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

    ... 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 - Money - RETAILING

    Asia-Pacific poised to take global lead in MES

    Posted Oct 16th 2012, 12:00am by Toh Han Shih

    ... currencies to €15 billion (HK$150 billion), slower than last year's growth of 30 per cent, the report said. ...

  10. Business - Companies - RETAILING

    European debt crisis key to Esprit sales, outgoing chief says

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

    ... currencies, the firm's European turnover dropped 10.5 per cent to HK$23.71 billion, while its China turnover declined 7.2 per cent to HK$5.53 billion. But China's share of revenue rose ...



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