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  1. Business - Companies - RETAIL

    China market to play big role in revival of Juicy Couture

    Posted Jul 11th 2014, 10:26am by TIFFANY AP

    ... rocketing sales growth in mainland China and other foreign markets could provide the firm with a lifeline for its legacy leisurewear. "It was always our plan to not so much revamp the brand as the company," Woodhouse said. "The brand itself is very, very strong and is very well received globally and particularly in Asia." The company says the Asian market has outpaced all other ...

    http://www.scmp.com/business/companies/article/1551765/china-market-play-big-role-revival-juicy-couture
  2. Business - Economy - RETAIL

    Hong Kong year-on-year retail sales show 4.1 per cent drop for May

    Posted Jul 03rd 2014, 11:47pm by TIFFANY AP

    ... was there, it wasn't that obvious. If you look at 2013, it wasn't actually that great." Sarah Quinlan, head of market insights for Mastercard, which runs its own spending index, said ... enough to bring it up to a positive. People were discounting to get the traffic," she said. She said the impact of the jewellery downturn was being felt across the market as the sector made ...

    http://www.scmp.com/business/economy/article/1546132/hong-kong-year-year-retail-sales-show-41-cent-drop-may
  3. News - Hong Kong - RETAIL

    'New law no contest for supermarkets' power'

    Posted Jun 13th 2014, 04:48am by Amy Nip

    ... retail chain, saying his prices were too low. Under the new law, which bans price-fixing between traders and abuse of market power by dominant players, Lam could demand an investigation to see ... the market. Distributors recommend a retail price for all retailers, but the legality of this arrangement under the competition law remains unclear. Even if the system of recommended retail prices ...

    http://www.scmp.com/news/hong-kong/article/1531053/new-law-no-contest-supermarkets-power
  4. 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

    ... market figured? The 759Store will power ahead with a plan to open 13 more shops selling cosmetics and personal care products this year, despite speculation that the government is looking ... to targeting local consumers instead of tourists. "I'm not trying to be Sasa, selling costly perfumes," he said. "It is the market of Mannings and Watsons [pharmacy chains] ...

    http://www.scmp.com/news/hong-kong/article/1531003/has-759-boss-got-market-figured
  5. News - Hong Kong - RETAIL

    Hong Kong jewellers fear shine taken off 'golden week' this year

    Posted May 02nd 2014, 03:39am by Amy Nip, SHIRLEY ZHAO

    ... "It was the gold rush last year. Now the market has stabilised." The outlook was brighter at Wtc More, which launched cosmetics-themed promotions to cash in on the break. The management ... In a report last month, the World Gold Council said 2014 was likely to be a year of consolidation for China's gold market. Last year, the opening price of 99 tael gold at the Chinese Gold ...

    http://www.scmp.com/news/hong-kong/article/1501943/hong-kong-jewellers-fear-shine-taken-golden-week-year
  6. News - Hong Kong - RETAIL

    HK$1,500 fixed penalty proposed for shops that spill into the street

    Posted Mar 15th 2014, 04:11am by SHIRLEY ZHAO

    ... at restaurants, wet market stalls that spill outside and construction companies that extend their business onto the pavement as the main targets for the proposal. But he raised the possibility that, ... Young said local communities or district councils might be able to identify areas where the rules were relaxed, and cited Mong Kok's flower market as an area where the government would ...

    http://www.scmp.com/news/hong-kong/article/1448875/hk1500-fixed-penalty-proposed-shops-spill-street
  7. Business - Companies - RETAIL

    Fast Retailing CEO upbeat despite Asia tensions

    Posted Mar 05th 2014, 04:36pm by TIFFANY AP

    ... their HK$27.36 offer price before falling back to HK$29- up 5.99 per cent- when the market closed. Yanai wants to achieve five trillion yen (HK$378 billion) in annual sales and become the biggest apparel ... Retailing will need to win over the American and Chinese markets. "Obviously we will need them both," Yanai said. "One alone is unthinkable if we aspire to become the biggest retailer ...

    http://www.scmp.com/business/companies/article/1440986/fast-retailing-ceo-upbeat-despite-asia-tensions
  8. Business - Companies - RETAIL

    Ikea group sees consumer recovery worldwide, posts record profit

    Posted Jan 28th 2014, 04:44pm by Reuters in Stockholm

    ... top furniture maker, said on Tuesday it saw signs consumer spending was starting to recover in many of its markets as it posted record full-year profits. Retailers have been struggling ... offer, we plan to double sales by 2020,” Agnefjall said. Growth will mainly be in existing markets – in China it has opened 11 stores in a decade, but also in new markets such as India, where ...

    http://www.scmp.com/business/companies/article/1415772/ikea-group-sees-consumer-recovery-worldwide-posts-record-profit
  9. Business - Economy - RETAIL

    Shopping centres see brisk business during Lunar New Year break

    Posted Feb 06th 2014, 04:24am by Yvonne Liu

    ... consumption demand remains strong because of the low unemployment rate, and the outlook for the retail market remains optimistic," she said. "Overall retail sales for this year won't ...

    http://www.scmp.com/business/economy/article/1421658/shopping-centres-see-brisk-business-during-lunar-new-year-break
  10. Property - Hong Kong & China - RETAIL

    Fast fashion retailers offered special deals in shopping malls across China

    Posted Nov 06th 2013, 05:10am by Peggy Sito

    ... of retail space. To ensure they secure such tenants to draw foot traffic before the market peaks, landlords are offering inducements, and in some cases forgoing base rent and taking a low percentage ... of retail space in second-tier cities is expected to be found in emerging suburban hubs. In some second-tier cities like Shenyang, vacancy rates in retail centres are as high as 24 per cent. ...

    http://www.scmp.com/property/hong-kong-china/article/1348391/fast-fashion-retailers-offered-special-deals-shopping-malls

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