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  • July 31, 2014
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  1. Mainland to be world's top luxury market by 2015

    Posted Mar 09th 2011, 12:00am by Minnie Chan

    ... according to a new McKinsey report on China's luxury goods consumption. The survey found that 45 per cent of luxury consumers on the mainland were aged between 18 and 34, compared with 37 per ... are still saving for buying houses... but they still have passion for luxury goods,' Yuval Atsmon, a partner in McKinsey's Shanghai office, said yesterday. 'They are different from ...

  2. China on track to be No 6 in global wine consumption

    Posted Mar 04th 2011, 12:00am by Staff Reporter

    ... cent in the previous five years. China's rising affluence has changed the global consumer market as middle-class mainlanders splash out on luxury goods and expensive food and beverages. Brokerage CLSA said in a report that demand for luxury goods and travel from Greater China would account for 44 per cent of global sales by 2020, up from the current 15 per cent. China is set ...

  3. News - Hong Kong

    Good riddance to bad rubbish: 15 tonnes of Husi-supplied McDonald's food buried in landfill

    Posted Jul 30th 2014, 10:39am

    ... Staff Reporter Disposal part of operation to dump of 110 tonnes of products imported by fast food chain from Shanghai factory of supplier at centre of "rotten meat" scandal Some 15 tonnes of food products imported to Hong Kong by a supplier at t ...

  4. News - China - COURTS

    Detained sleuth Peter Humphrey insists his work in China was for public good

    Posted Jul 30th 2014, 11:43pm by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com Peter Humphrey set out his thoughts in letter to son as he awaits trial next month in Shanghai Detained sleuth insists his work was for public good Corporate sleuth Peter Humphrey believes he worked for the public good by helping victims of crime, according to a letter seen by the Post that he wrote to his son Harvey from prison. On August 8, ...

  5. Comment - Insight & Opinion

    Once ratified, new trade deal easing cross-border flow of goods could reduce world hunger

    Posted Jul 30th 2014, 02:43pm by Mark Gottfredson and Gerry Mattios

    ... Mark Gottfredson and Gerry Mattios Mark Gottfredson and Gerry Mattios spell out the benefits of ratification New trade deal will ease flow of goods across borders As the World Trade ... goods, where delays could leave much of a truckload unfit for sale. In a world where 12.5 per cent of the population suffers chronic undernourishment, the fact that 30 per cent of food produced ...

  6. Sport - Golf - GOLF

    Bernhard Langer good enough to play in Ryder Cup, say past legends

    Posted Jul 29th 2014, 09:09pm by Reuters

    ... Reuters in London German, 56, should be in Paul McGinley's Euro team, say Watson, Montgomerie and Jacklin Langer still good enough for Ryder Cup, say legends Tom Watson, Colin ... good golf in the last six or seven years," Langer said. "But I'm not sure I'm on the radar screen of Paul McGinley. "It's up to the captain. I certainly feel my ...

  7. News - China Insider - E-COMMERCE

    China’s top online cosmetics seller apologises for fake goods sold on its website

    Posted Jul 29th 2014, 04:10pm by Chris Luo

    ... luxury brand clothes. Brands whose goods were copied and sold on the platform include Armani, Hermes and Burberry, the report alleged. The report highlighted the widespread sale of counterfeit goods on Chinese websites. It said the offending retailer had forged dozens of product certificates and sold fake goods to a number of leading online retailers, including China’s second largest ...

  8. News - Hong Kong - COURTS

    Michael Suen tells court he isn't good friends with SHKP's Thomas Chan

    Posted Jul 29th 2014, 03:38am by Austin Chiu

    ... Austin Chiu austin.chiu@scmp.com Ex-education chief admits to only some dealings and group dinners with accused Thomas Chan Suen says he isn't good friends with SHKP director Retired government minister Michael Suen Ming-yeung has denied being a good friend of a Sun Hung Kai Properties executive who is a co-defendant in the corruption trial of former chief secretary Rafael Hui ...

  9. Rich buyers fuel top-end price surge

    Posted Jun 09th 2010, 12:00am by Yvonne Liu

    ... Yvonne Liu Homebuyers shrugged aside the twin blow to confidence delivered by poor land auctions and a tumbling stock market to chase prices at the top end of the market sharply higher last month. Data from Centaline Property Agency show that 444 luxury r ...

  10. Lai See

    Posted Mar 26th 2010, 12:00am by Luisa Tam

    ... with Luisa Tam Can luxury brands give more a taste of the good life? A different kind of revolution is brewing on the mainland. It's a consumer rebellion that is slowly sweeping ... in the past decades, now want to taste a bit of the good life- even if it's only a tiny fraction of it. Affordable luxury is all the rage on the mainland at the moment. Industry watchers ...




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