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  • April 18, 2014
  • Last updated: 11:34am
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  1. 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. ...

  2. 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. ...

  3. 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 ...

  4. Business - Companies - RETAILING

    Watchmakers woo women to boost sluggish sales

    Posted Apr 08th 2014, 01:08am by Reuters

    ... financial crisis hurt sales, it was followed by a stronger rebound that was driven by demand in China. Now however, sales of men's watches in China have slowed, and demand in the West ...

  5. Business - China Business - RETAILING

    Growth in mainland Chinese interest in premium Swiss watches surges

    Posted Mar 27th 2014, 10:26am by BIEN PEREZ

    ... accessed the web through mobile phones reached 500 million last year, the government-backed China Internet Network Information Centre reported. David Sadigh, founder and chief executive of Digital ...

  6. Business - Companies - RETAILING

    Chow Tai Fook's golden touch is lost on investors

    Posted Mar 22nd 2014, 01:30am by Jasper Moiseiwitsch

    ... the IPO". The firm guided investors to expect a net profit of HK$6.3 billion for the financial year ending March 2012- a year-on-year rise of 79 per cent. It met that target by pulling out all stops, and then found it had few moves left for financial year 2013, when earnings dropped 13 per cent. The company also said in its prospectus that retail gold jewellery sales would grow ...

  7. Business - Companies - RETAILING

    Circle K's parent reports 6.9pc drop in net profit on higher operating costs

    Posted Feb 28th 2014, 01:10am by TIFFANY AP

    ... the temperatures drop, Circle K tends to see less sales of drinks and ice cream products." Group financial director Sam Hui Chi-ho said the second and third quarter, during the summer, was its peak ...

  8. Business - Companies - RETAILING

    Hong Kong secondary listing is first stop in Fast Retailing's growth plan

    Posted Jan 28th 2014, 01:35am by TIFFANY AP

    ... of the deal. "As there will reportedly be no new shares issued, and no significant change in the financial statements of the company, there is unlikely to be any significant impact ... on year to 389 billion yen (HK$29.5 billion) while income was up 8.8 per cent to 41.8 billion yen. However, a depreciating yen has helped boost the company's financials. Shares of Fast ...

  9. Business - Commodities - RETAILING

    Year of the Horse spurs gold sales

    Posted Jan 27th 2014, 01:09pm by KANIS LI

    ... ago, in anticipation of the US Federal Reserve's tapering of quantitative easing in financial markets. The spot price of gold, though, touched US$1,279.60 an ounce yesterday, the highest ...

  10. Property - Hong Kong & China - RETAILING

    Rise of online shopping forces mainland malls into rethink

    Posted Jan 22nd 2014, 04:34am by Peggy Sito

    ... traffic. The winners in the mainland battle for customers will be the best-located shopping centres in prime districts, while super-sized malls in remoter areas will battle to maintain rentals, ... for merchandise offered by such stores, shopping centres looked to fast-fashion stores to play an anchor role, property consultancy Knight Frank notes. China is set to overtake the United States as having ...




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