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  • July 31, 2014
  • Last updated: 7:44pm
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  1. Business - China Business - RETAILING

    Duty-free shopping surges in popularity in China

    Posted Jul 28th 2014, 04:26am by Celine Sun

    ... a transition period," said Zhou Ting, head of the Fortune Character Institute, a Beijing-based research unit focusing on high-end consumption in China. Lower prices offered by duty-free shops have ...

  2. Business - Companies - RETAILING

    Swatch Group voices concerns over uncertain Hong Kong outlook

    Posted Jul 23rd 2014, 01:33am by Reuters

    ... be a focus today." Swatch shares, which have underperformed its rivals with a 13 per cent drop this year, were down 1 per cent on Monday. The firm expects margins and sales to recover ...

  3. Property - Hong Kong & China - RETAILING

    Taubman Asia investing US$600m in new shopping centres

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

    ... store. "When we decided to come to Asia, we looked at different countries where we would focus. We like China and South Korea for their long-term potential," Rene Tremblay, president ...

  4. Business - China Business - RETAILING

    Chinese customers' lack of loyalty puts pressure on brands

    Posted Jun 11th 2014, 01:15am by TIFFANY AP

    ... with the shoppers at the point of sale. The in-store focus should be on visibility and distinctiveness which entails being present at multiple high-profile locations at the shop such as shelf ends ...

  5. Business - China Business - RETAILING

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

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

    ... said his firm now focuses on wines priced at €5 (HK$53) a bottle. Consuming negligible quantities of imported wine less then 15 years ago, Chinese drinkers now imbibe the world's ... the austerity measures," said Cristian Lopez, Asia chief executive of Chilean wine producer and distributor Vina Concha y Toro, which focuses on mass-market wines sold via retail and e-commerce ...

  6. Business - Companies - RETAILING

    Li & Fung touts benefits of Hong Kong for new Global Brands Group

    Posted May 23rd 2014, 12:51am by TIFFANY AP

    ... will be the biggest competitive edge for its planned spin-off firm Global Brands Group, which will focus on helping US brands in the "masstige"- prestige fashion for the mass market- sector expand ... focused on taking American brands globally. Europe is very focused on luxury brands," he said. "In the US, that's where all the brands below luxury come from in the world. ...

  7. Business - Companies - RETAILING

    Less is more as Louis Vuitton stays atop luxury list in brands ranking

    Posted May 22nd 2014, 01:19am by BLOOM

    ... Bloomberg in Paris Value of top 10 names in luxury surges 16pc to US$111b, with Louis Vuitton staying at No1 Less is more as luxury brands focus on the elite Less is more in luxury. ... operations at Millward Brown's Optimor consulting arm. Many companies in the category are shying away from an overt focus on increasing market share and distribution to highlight their high-end ...

  8. 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

    ... mix and also focus more on cross-border growth to remain competitive." Hong Kong is ranked sixth among cities in the world that have the highest percentage of retailers at 40.5 per cent, ...

  9. Business - Companies - RETAILING

    Giordano sets out to erase memories of past mistakes

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

    ... Tiffany Ap tiffany.ap@scmp.com Apparel firm sees strong growth in the Middle East while high rents hold it back in Hong Kong Giordano sets out to erase memories of past mistakes Casual apparel retailer Giordano International plans to push its main label upmarket and raise prices by 10 to 15 per cent over the next two years, leaving spin-off brand Beau Monde to focus ...

  10. Business - China Business - RETAILING

    Watchmaker Bremont takes its own time with move into China market

    Posted Feb 03rd 2014, 04:11am by Denise Tsang

    ... from scratch by designing and producing high-end watches in a factory that employs about 65 people in Henley-on-Thames in Britain. Engineers by training, the brothers focused their passion ...




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