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  • July 29, 2014
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  1. U-Right to retail mainland fashion brand in HK outlets

    Posted Jan 15th 2007, 12:00am by Andy Chen

    ... Andy Cheng Casual wear company's move aimed at hitting 20pc same-store sales growth Casual wear retailer U-Right International Holdings will sell products of a mainland fashion brand ... with a mainland fashion brand whose average selling price is 10 per cent higher than that of U-Right- the first time U-Right stores are selling other brands. 'The mainland fashion brand is very ...

  2. Retail plays strengthened by tourism trend

    Posted Jan 16th 2004, 12:00am by Sandy Li

    ... International. Although global fashion retailer and wholesaler Esprit, for which Europe contributes 80 per cent of sales, does not fit into the local concept, it is a key beneficiary of the strong euro. ... Sandy Li Analysts have revised upwards their earnings forecasts for leading retailers' stocks as the growth in the number of mainland tourists coming to Hong Kong continues unabated ...

  3. H&M entry to shake up apparel retail sector

    Posted Feb 26th 2007, 12:00am by Andy Chen

    ... Andy Cheng Mass-market players already reeling from falling sales may bear the brunt The arrival in Hong Kong next month of aggressively expanding apparel retailer H&M of Sweden could have a big impact on some local retailers that are already reeling from shrinking profitability. In preparation for the opening of two stores in Hong Kong, H&M is rolling out its big ...

  4. Profits plunge at Dickson Concepts

    Posted Jun 22nd 2012, 12:00am

    ... Celine Sun in Beijing celine.sun@scmp.com High-fashion retailer and distributor Dickson Concepts (International) saw a 46 per cent plunge in net profit for the year to March as costs rose ... in the last financial year. The mainland market generated HK$709 million while sales in Taiwan amounted to HK$659 million yuan for the year. The fashion company, which holds HK$863 million in cash, ...

  5. Esprit goes into tailspin as chief executive exits

    Posted Jun 14th 2012, 12:00am

    ... Charlotte So charlotte.so@scmp.com The resignation of a second top manager in as many days at Esprit Holdings is likely to send the Hong Kong fashion retailer's share price lower ... Cheng also serves as an independent non-executive director of Esprit. The latest developments mean that Esprit's board will be led by two executives who do not have fashion retailing ...

  6. Hang Ten soars on HK$2.65b buyout bid

    Posted Dec 21st 2011, 12:00am

    ... brands- which include Hang Ten, Arnold Palmer and H&T, would help the company expand into retail casual fashion. Hang Ten's controlling shareholders, garment maker and retailer YGM ... are responsible for the operation of the company. Some brokers said the sale reflected heavy competition in fashion retailing and rising pressure on wages and rents. 'Hang Ten may save procurement ...

  7. Store closures sap Esprit de core

    Posted Sep 16th 2011, 12:00am

    ... Celine Sun in Beijing celine.sun@scmp.com Hong Kong-listed fashion retailer Esprit Holdings plunged as much as 18 per cent after reporting a worse-than-expected 98 per cent drop in net ... It attributed the significant profit loss to the cost of divesting operations in the United States and Canada, exiting from retail operations in parts of Europe and the closure of other unprofitable ...

  8. Esprit shares dive on report on its outlets

    Posted Oct 13th 2011, 12:00am

    ... Anita Lam anita.lam@scmp.com Shares in clothing retailer Esprit Holdings could start to look threadbare in coming weeks if fund managers decided to switch into other less 'risky' stocks, an analyst warned yesterday. The Europe-focused retailer suffered the biggest intraday drop yesterday in three weeks after a magazine report said it had overstated the number of stores ...

  9. Esprit names adidas executive as China CEO

    Posted Nov 16th 2011, 12:00am

    ... Celine Sun in Beijing celine.sun@scmp.com Esprit Holdings, the Europe-focused fashion retailer, has appointed a new head for the China market as part of its efforts to make ... earnings had nosedived 98 per cent in the last fiscal year. The retailer, which has more than 70 per cent of its revenue coming from Europe, intends to expand aggressively in China to offset ...

  10. I.T pins revenue hopes on mainland

    Posted Oct 25th 2011, 12:00am

    ... Celine Sun in Beijing celine.sun@scmp.com Fashion retailer I.T yesterday said it expected the mainland market to be its largest revenue contributor within five years, after reporting a 41 ... to HK$564 million. Same store sales in both markets rose about 17 per cent. Retail sales in Japan, which the company entered by acquiring Nowhere Group in January, were HK$247 million. ...




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