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  • July 24, 2014
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  1. Property - Hong Kong & China - RETAILING

    Taubman Asia investing US$600m in new shopping centres

    Posted Jul 09th 2014, 05:02am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Shopping centres in mainland cities Xian and Zhengzhou to benefit from 40 per cent of budget Taubman Asia investing US$600m in new malls Taubman Asia, ... a partnership with China's largest department store operator, Beijing Wangfujing Department Store, to invest a total of about US$230 million in two shopping centres in Xian, Shaanxi province, ...

    http://www.scmp.com/property/hong-kong-china/article/1549702/taubman-asia-investing-us600m-new-shopping-centres
  2. Business - Companies - RETAILING

    Adidas sales on track to surpass €2b thanks to World Cup exposure

    Posted Jul 11th 2014, 01:31am by BLOOM

    ... strong." Adidas has made Argentina's fleet-footed Lionel Messi the centre of its World Cup advertising efforts, while Germany sports the Bavarian company's gear from head to toe, ...

    http://www.scmp.com/business/companies/article/1551434/adidas-sales-track-surpass-eu2b-thanks-world-cup-exposure
  3. Business - Companies - RETAILING

    Robinsons Retail eyes family-owned chains to compete with rival

    Posted Jun 03rd 2014, 01:30am by BLOOM

    ... to spend 26 billion pesos (HK$4.6 billion) up to 2016 on expansion, said chief financial officer Dong Zapata. Robinsons Retail has made at least four acquisitions since November, when its shares ... The Philippines may reap a demographic dividend as more of its people join the labour force, according Maybank ATR Kim Eng. In addition, overseas remittances and call centre expansion outside Manila ...

    http://www.scmp.com/business/companies/article/1524112/robinsons-retail-eyes-family-owned-chains-compete-rival
  4. Business - Companies - RETAILING

    Chow Tai Fook's net profit soars 32pc to HK$7.44b on gold buying spree

    Posted Jun 18th 2014, 01:19am by TIFFANY AP

    ... and expected modest growth this financial year, following last year's net profit of HK$7.44 billion. "The past few years' growth rate has been about 20 per cent," he said. ...

    http://www.scmp.com/business/companies/article/1535214/chow-tai-fooks-net-profit-soars-32pc-hk744b-gold-buying-spree
  5. Business - China Business - RETAILING

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

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

    ... and "this explains why as a responsible listed company we have already issued a profit warning", financial controller Rex Yeung said. A collapse in spending by SOEs has forced China's ...

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

    Shanghai outlet centre to promote affordable Italian luxury

    Posted Feb 27th 2014, 10:21am by Daniel Ren

    ... mood on prospects for mainland luxury sector Luxury retail is not the most obvious target sector for mainland shopping centre developers in the wake of the Communist Party's crackdown ... in China." Privately owned Zonfa plans to launch the Outletmart, a shopping complex and distribution centre for luxury brands, at Fengjing on the outskirts of Shanghai in the first half of this year. ...

    http://www.scmp.com/business/china-business/article/1436141/shanghai-outlet-centre-promote-affordable-italian-luxury
  7. Business - Companies - RETAILING

    Rich pay, rich clients, but luxury retail jobs go begging

    Posted May 09th 2014, 11:10am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Surge in new hotels and shopping centres to cater to rising number of mainland tourists is stretching staff recruitment in the luxury sector Luxury brands struggle to keep talent despite top pay Working on the sales floor for the likes of Burberry or Celine, surrounded by the latest season's outfits and HK$60,000 must-have handbags, may appear ...

    http://www.scmp.com/business/companies/article/1508134/rich-pay-rich-clients-luxury-retail-jobs-go-begging
  8. Business - Companies - RETAILING

    Shake-up in money transfer business looms with Wal-Mart's new service

    Posted Apr 19th 2014, 01:09am by AP

    ... Associated Press in New York Money transfer shake-up looms with Wal-Mart entry Wal-Mart is delving deeper into financial services at its stores and shaking up the money transfer business. ... bank to process card transactions. In 2007, it abandoned those plans, but it has been creating an expanding menu of financial offerings for customers, aimed particularly at those with limited ...

    http://www.scmp.com/business/companies/article/1487618/shake-money-transfer-business-looms-wal-marts-new-service
  9. Property - Hong Kong & China - RETAILING

    Hong Kong property experts call for new tack to lure shoppers

    Posted Apr 07th 2014, 04:39am by Peggy Sito, Sandy Li

    ... in three years. The increasing number of tourists will strain infrastructure in the city centre. On the other hand, same-day visitors would not necessarily head for the city centre if all ... said. Thomas Lam, the head of research and consultancy for Greater China at Knight Frank, said establishing a shopping centre at the border was a viable option to capture passenger traffic. ...

    http://www.scmp.com/property/hong-kong-china/article/1466501/hong-kong-property-experts-call-new-tack-lure-shoppers
  10. Property - Hong Kong & China - RETAILING

    Hungry shoppers miss out as malls cut food courts for higher rents

    Posted Apr 07th 2014, 04:39am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Shopping centre operators are scaling down or eliminating stalls serving fast meals to maximise income from retailers which can paymore Food courts lose out as malls raise rents Hungry shoppers may face longer waits in future if they want to fill up at shopping centre food courts, assuming they can find one. The popular food courts, which offer fast ...

    http://www.scmp.com/property/hong-kong-china/article/1466496/hungry-shoppers-miss-out-malls-cut-food-courts-higher-rents

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