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  • July 26, 2014
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  1. 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

    ... Management on about 20 stores this year at "moderate rates", he said. Lam credits the speed of the 759Store expansion- opening 200 outlets since it was launched less than four years ago- ...

    http://www.scmp.com/news/hong-kong/article/1531003/has-759-boss-got-market-figured
  2. 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

    ... on a handbag, cellphone and computer. "Hong Kong is a good place for shopping, especially since the exchange rate between the yuan and the Hong Kong dollar remains good," Ren said. Xu Yanqiu ...

    http://www.scmp.com/news/hong-kong/article/1501943/hong-kong-jewellers-fear-shine-taken-golden-week-year
  3. Business - Companies - RETAIL

    Chow Tai Fook eyes 20 per cent growth after 9 per cent drop in sales

    Posted Apr 15th 2014, 12:21am by Keira Lu Huang

    ... Keira Lu Huang Keira.huang@scmp.com Chow Tai Fook targets 20pc growth after drop Hong Kong-based jewellery giant Chow Tai Fook is banking on better sales performance in Hong Kong and Macau to revive its fortunes, after a 9 per cent drop in same-store sales in the two cities in the first quarter. Chairman Henry Cheng yesterday said the management was optimistic about a growth rate ...

    http://www.scmp.com/business/companies/article/1482494/chow-tai-fook-eyes-20-cent-growth-after-9-cent-drop-sales
  4. 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
  5. News - Hong Kong - RETAIL

    Supermarket prices surge above rate of inflation

    Posted Apr 16th 2013, 12:00am by THOMAS CHAN AND DENNIS CHONG

    ... Thomas Chan and Dennis Chong Supermarket prices surge above rate of inflation Supermarket prices have risen by an average of 6.8 per cent over the past year, with eggs, infant formula and canned fish soaring above the prices of other household basics, the latest consumer watchdog survey has revealed. The Consumer Council conducted an annual poll of the prices of 200 common ...

    http://www.scmp.com/news/hong-kong/article/1215492/supermarket-prices-surge-above-rate-inflation
  6. Business - China Business - RETAIL

    Yi Hua starts IPO as it selectively expands stores

    Posted Nov 26th 2013, 03:02am by TIFFANY AP

    ... the company's gross profit increased from 239.8 million yuan to 326.7 million yuan, a compound annual growth rate of 16.7 per cent. The joint bookrunners are Kingsway Capital and Upbest Securities. ...

    http://www.scmp.com/business/money/markets-investing/article/1365761/yi-hua-starts-ipo-it-selectively-expands-stores
  7. 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 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
  8. Property - Hong Kong & China - RETAIL

    Royal Selangor Pewter not deterred by high Hong Kong rent levels

    Posted Oct 02nd 2013, 12:00am by Peggy Sito

    ... quarter over the first quarter, after annual growth rates of 25.3 per cent last year and 34.4 per cent in 2011. In Causeway Bay, rents rose 2 per cent quarter-on-quarter following increases ...

    http://www.scmp.com/property/hong-kong-china/article/1322258/royal-selangor-pewter-not-deterred-high-hong-kong-rent
  9. Business - Companies - RETAIL

    Disposal seen as margins play by Li Ka-shing

    Posted Jul 23rd 2013, 12:00am by Ray Chan

    ... compound annual growth rate of 34 per cent between 2007 and 2012. In contrast, the margin at its retail business in Hong Kong has been largely flat, at a paltry 4 per cent since 2007, according ... of an interest-rate upcycle". Shares in Hutchison rose 0.9 per cent yesterday to HK$85.30, just about 4 per cent below its 52-week high in late May. In 2011, Hutchison made a one-off gain of HK$44.3 ...

    http://www.scmp.com/business/companies/article/1288742/disposal-seen-margins-play-li
  10. Business - Money - RETAIL

    Esprit shares fall sharply in Hong Kong after broker downgrades

    Posted May 09th 2013, 12:00am by Celine Sun

    ... an "underperform" rating on the company and expects it to post a net loss of up to HK$3.4 billion for this financial year. Aaron Fischer, an analyst at CLSA, was more even bearish about the retailer's ... for the effort to bear fruit and that the execution risk was very high. Other brokers, including JP Morgan, Nomura and Bank of Merrill Lynch, all cut their ratings or share price targets for the company, ...

    http://www.scmp.com/business/money/markets-investing/article/1233261/esprit-shares-fall-sharply-hong-kong-after-broker

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