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  • August 28, 2014
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  1. Property - Hong Kong & China - RETAILING

    Hysan Development ready to seize opportunities in luxury market

    Posted Aug 20th 2014, 05:21am by Yvonne Liu

    ... pessimistic". "Retail sales are largely dependent on economic growth and the wealth effect of the property market. The improvement in the United States and the mainland Chinese economies will have a positive impact on Hong Kong," he said. "Now we have seen Hong Kong property prices have actually hit a record." The gains in the property market would have a balancing effect ...

    http://www.scmp.com/property/hong-kong-china/article/1577043/hysan-development-ready-seize-opportunities-luxury-market
  2. Business - Companies - RETAILING

    Luk Fook to expand in prime shopping districts as rent rises ease

    Posted Aug 27th 2014, 01:27am by BLOOM

    ... Bloomberg Luk Fook to expand in prime districts Luk Fook Holdings International, the second-largest jeweller in Hong Kong by market value, plans to expand in the city's prime shopping districts as landlords hold back on raising rents. Landlords were foregoing rent increases or asking for smaller gains when leases came up for renewal, said Luk Fook chairman Wong Wai-sheung. ...

    http://www.scmp.com/business/companies/article/1580963/luk-fook-expand-prime-shopping-districts-rent-rises-ease
  3. Business - China Business - RETAILING

    Slump in China’s wine market forces shake-out, rethink

    Posted Jun 03rd 2014, 10:41am by Benjamin Robertson

    ... 90 per cent of the market, according to data from IWSR. The emergence of wine shops in fourth-tier cities and mainland Chinese studying at French and Australian viticulture academies ... for lost sales Austerity drive puts a cork on growth in wine market The sudden slowdown in wine sales to the mainland is forcing merchants to refine their sales strategies, attendees at last ...

    http://www.scmp.com/business/china-business/article/1524345/slump-chinas-wine-market-forces-shake-out-rethink
  4. Business - China Business - RETAILING

    Anta first to break away from loss-making Chinese sportswear pack

    Posted Aug 08th 2014, 03:27pm by TIFFANY AP

    ... Investors cheered this week as Anta, the mainland's largest sportswear brand, reported profit growth- the first company to emerge from the Chinese sportswear sector's recent slump- despite ... Xtep and 361 Degrees can pull through. Li-Ning, the other major sportswear brand, is expected to have staying power due to its market share and brand equity from celebrity athlete founder, ...

    http://www.scmp.com/business/china-business/article/1569186/anta-first-break-away-loss-making-chinese-sportswear-pack
  5. 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 ... in the second quarter and into August across several markets. "The second quarter was very good in China. We're getting some traction on the strategies we're executing and there's ...

    http://www.scmp.com/business/companies/article/1573836/giordano-net-profit-falls-clothing-fails-impress
  6. Business - China Business - RETAILING

    Sportswear firm Li-Ning sees first-half loss soar 218pc

    Posted Aug 14th 2014, 10:07am by TIFFANY AP

    ... total revenue. "The loss was primarily due to the investment in retail and marketing, which obviously will contribute to the business in time," Kim said. Staff costs and store rental expenses rose significantly, mainly due to the increasing number of retail stores and staff on the payroll, while the firm's advertising and marketing expenses remained stable. The company put ...

    http://www.scmp.com/business/china-business/article/1573346/transformation-plan-extends-li-nings-losses
  7. Business - Companies - RETAILING

    Swiss coffee machine maker is Starbucks' 'secret weapon'

    Posted Aug 07th 2014, 05:29am by BLOOM

    ... market outside the United States, have given Steiner cause for optimism. While Switzerland is home to big listed companies such as Nestle and UBS, 99 per cent of its businesses are SMEs, ...

    http://www.scmp.com/business/companies/article/1567886/swiss-coffee-machine-maker-starbucks-secret-weapon
  8. 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

    ... and tourists, are not spending. I anticipate that at least for the next 12 months, the market will be sluggish." While Beijing's anti-corruption campaign against extravagant spending ... markets in China, Indonesia and Malaysia, making Singapore a less unique shopping destination, said Kapur. "Singapore had this aura and advantage of being slightly different from its ...

    http://www.scmp.com/business/economy/article/1566514/mainland-chinese-shoppers-give-singapore-sales-thumbs-down
  9. Business - China Business - RETAILING

    Duty-free shopping surges in popularity in China

    Posted Jul 28th 2014, 04:26am by Celine Sun

    ... Celine Sun in Beijing celine.sun@scmp.com China expected to become No 2 market by revenue as world's largest duty free shopping centre prepares to open on Hainan Island Duty-free ... goods at steep discounts. Still, CDFG is confident about the mainland market, planning to open more shops in cruise terminals, piers and high-speed railway stations. The firm estimates ...

    http://www.scmp.com/business/china-business/article/1560734/duty-free-shopping-surges-popularity-china
  10. Business - China Business - RETAILING

    New e-commerce service takes challenge to rival Alibaba

    Posted Jul 28th 2014, 04:27am by BIEN PEREZ

    ... and e-commerce platform to challenge Alibaba Group's online shopping market leader Tmall.com. "We are very optimistic that we can be one of the top social e-commerce players in the [mainland] China market within the next three years because of Shanghai Media Group's broad reach and our unique concept," Thomas Zilliacus, YuuZoo's chairman and chief executive, told ...

    http://www.scmp.com/business/china-business/article/1560743/new-e-commerce-service-takes-challenge-rival-alibaba

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