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  • November 29, 2014
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Results 1 - 10 of 11 for financial industry

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  1. Business - Companies - RETAILING

    Swiss coffee machine maker is Starbucks' 'secret weapon'

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

    ... "It's a product that matches the technology of those countries. It's like the watch industry, where you have everything from education to the people, the quality, value, ... Beijing and Shanghai. Starbucks said last month that it planned to add 800 new stores in China and Asia-Pacific in the 2015 financial year. Thermoplan's foray into the world of coffee can ...

  2. Business - China Business - RETAILING

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

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

    ... for the industry's long-term growth. "We are right in the middle of a major structural change to the business. We need this shake-out and all these unprofessional companies to go into a new ... 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 ...

  3. 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. ... to US$900 to and from more than 4,000 Wal-Mart stores in the United States. The move could reshape that industry and is likely to set off a pricing battle. Customers can transfer up to US$50 ...

  4. Business - Companies - RETAILING

    Watchmakers woo women to boost sluggish sales

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

    ... But this one is studded with diamonds and worn by actress Nicole Kidman. Called the Ladymatic, it's the future of the industry. The bulk of the US$50 billion Swiss watch market has for years been ... 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

    Tingyi considers acquisitions with US$1.6b war chest

    Posted Dec 05th 2013, 06:00am by BLOOM

    ... year, said chief financial officer Frank Lin, declining to provide details. The firm is considering both domestic and overseas brands for deals and co-operations, he said. Tingyi has formed ... per cent, little changed from 2012, the largest in China, according to industry researcher Euromonitor International. "Tingyi will almost certainly be able to make more money ...

  6. Business - Companies - RETAILING

    Dickson Concepts opens door to new investments

    Posted May 22nd 2013, 12:00am by Celine Sun

    ... areas," Poon said. He said the firm did not rule out the possibility of investing in the real estate industry. Dickson Concepts, which operates shops for brands such as Brooks Brothers, Tommy Hilfiger and Rolex on the mainland, said it opened 58 new shops during the last financial year, taking the total to 309. About 60 per cent of the company's sales revenue was generated from ...

  7. Business - Companies - RETAILING

    Huge losses at Li Ning sow seeds of worry

    Posted Mar 26th 2013, 11:07am by Celine Sun

    ... to the substantial loss recorded by the company, investors are now more concerned about the long-term prospect of the sportswear industry and whether the company's transformation plan ... of the sportswear industry  The stock dropped 4.1 per cent to close at HK$4.46 yesterday. It has fallen nearly 8 per cent this year, against a 1.8 per cent drop in the Hang Seng Index. Executive ...

  8. Business - Money - RETAILING

    Li Ning stumbles over costly makeover plan

    Posted Jan 25th 2013, 11:11am by Celine Sun

    ... a year since it raised money from major shareholders TPG and GIC," said Steve Chow, the research associate director of SW Kingsway Financial Services. "It shows the company is in urgent ... expansion and product development. Founder Li Ning, a former Olympic gymnast, and TPG partner Jin-Goon Kim jointly handle daily operations after the chief financial officer and the chief executive ...

  9. Business - China Business - RETAILING

    Suning to raise HK$5.54b in first public bond sale

    Posted Dec 20th 2012, 12:00am by BLOOM

    ... 50.6 per cent, according to industry researcher Euromonitor International. "The funds raised by the bond sale will likely be spent on the e-commerce business because it requires heavy investment," said Yang Xia, an at China Merchants Securities. Suning will use the bond sale proceeds to boost its financial strength and help it expand research and development, procurement ...

  10. Business - China Business - RETAILING

    Tesco and Walmart say goodbye to easy expansion in China

    Posted Oct 20th 2012, 12:00am by Bloomberg

    ... to double stores and build more 37,000-square-metre malls. Hindered by the country's slowest economic growth since the 2009 financial crisis and competition from local markets and regional ... planned in China's 3.5 trillion yuan (HK$4.3 trillion) grocery industry. Same-store sales at Carrefour, the world's second-largest retailer, fell 6.1 per cent in China in the third ...




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