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  1. Property - Hong Kong & China - RETAILING

    Retail vacancies in Hong Kong soaring, but rents dip only slightly

    Posted Jul 26th 2014, 01:38am by Yvonne Liu

    ... Jeannette Chan, regional director for retail at consultancy JLL. "They are not as aggressive in expansion as before. It left only affordable international luxury brands to remain active ... its forecast for rents. "We expect the rent in second-tier streets will drop 15 per cent this year, compared with our old forecast of 10 per cent," Lin said. Since many international ...

    http://www.scmp.com/property/hong-kong-china/article/1559389/retail-vacancies-hong-kong-soaring-rents-dip-only-slightly
  2. Business - Companies - RETAILING

    Swatch Group voices concerns over uncertain Hong Kong outlook

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

    ... Reuters in Zurich Swatch voices concern over Hong Kong outlook Swatch Group yesterday warned of an uncertain outlook for its major market Hong Kong after reporting an 11.5 per cent fall ... of uncertainty because of this … conflict. Fewer people visit Hong Kong and our stores there. But the main problem is with wholesale. Retailers are worried and buy fewer watches. This uncertainty ...

    http://www.scmp.com/business/companies/article/1557380/swatch-group-voices-concerns-over-uncertain-hong-kong-outlook
  3. Property - Hong Kong & China - RETAILING

    Korean retailers ride wave of K-pop and TV dramas into Hong Kong

    Posted May 20th 2014, 02:47pm by Peggy Sito

    ... Kong's retail industry. South Korean retailers opening shops in prime shopping streets last year took up 4.17 per cent of Hong Kong's new leases, property consultancy CBRE said. Six South Korean stores opened in Hong Kong in this year's first quarter, three times the number in last year's first quarter. "A few years ago, we started seeing more Korean skincare ...

    http://www.scmp.com/property/hong-kong-china/article/1516104/korean-retailers-ride-wave-k-pop-and-tv-dramas-hong-kong
  4. Business - China Business - RETAILING

    Duty-free shopping surges in popularity in China

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

    ... Running the five billion yuan (HK$6.29 billion) commercial complex is China Duty Free Group (CDFG), a subsidiary of China International Travel Service Corp. The state-owned company is so far ... and Shanghai's airports, while regional operators in Shenzhen, Zhuhai and Hainan have shops in each of these cities. "Haitang Bay shopping centre will be more luxurious and include more top brands ...

    http://www.scmp.com/business/china-business/article/1560734/duty-free-shopping-surges-popularity-china
  5. Business - China Business - RETAILING

    New e-commerce service takes challenge to rival Alibaba

    Posted Jul 28th 2014, 04:27am by BIEN PEREZ

    ... estimated by iResearch to have reached 1.84 trillion yuan (HK$2.31 trillion) in total revenue last year. Alicia Yap, head of China internet research at Barclays in Hong Kong, said in a report ...

    http://www.scmp.com/business/china-business/article/1560743/new-e-commerce-service-takes-challenge-rival-alibaba
  6. Business - Companies - RETAILING

    Hong Kong supermarkets concerned by slave claims on Thai fishing fleet

    Posted Jun 13th 2014, 05:57am by Benjamin Robertson

    ... Benjamin Robertson benjamin.robertson@scmp.com Supermarkets troubled by 'slaves' on Thai fishing fleet Hong Kong's two largest supermarket groups are worried about ... the US was reviewing the situation in Thailand. Spokesmen for Wellcome and ParknShop, Hong Kong's two largest supermarkets by store number, said their supplier agreements contained clauses ...

    http://www.scmp.com/business/companies/article/1531157/hong-kong-supermarkets-concerned-slave-claims-thai-fishing-fleet
  7. 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

    ... "Hong Kong can no longer rely on its existing superiority as an international city and gateway to [the mainland]. "We need to highlight its uniqueness as a retail hotspot, expand its tenant ... for new tack to lure shoppers Hong Kong is still a shopping paradise, especially to residents from the Pearl River Delta, but a strategic plan for the next 10 years is urgently needed given ...

    http://www.scmp.com/property/hong-kong-china/article/1466501/hong-kong-property-experts-call-new-tack-lure-shoppers
  8. Business - Economy - RETAILING

    Rise in Hong Kong consumer confidence fails to lift retail sales

    Posted May 24th 2014, 01:52am by TIFFANY AP

    ... into sales dollars for retailers. A survey by leading consumer insights firm Nielsen found overall spending intention of Hong Kong respondents increased three percentage points year on year to 53 per ... and beauty but most significantly, jewellery is off again. "That's 23 per cent of total retail spending in Hong Kong [so] it's very important when that falls off." Jewellery sales ...

    http://www.scmp.com/business/economy/article/1519194/rise-hong-kong-consumer-confidence-fails-lift-retail-sales
  9. Business - Companies - RETAILING

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

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

    ... Tiffany Ap tiffany.ap@scmp.com Li & Fung touts benefits of HK for new brands firm Li & Fung chief executive Bruce Rockowitz says its global network and base in Hong Kong 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 ...

    http://www.scmp.com/business/companies/article/1518130/li-fung-touts-benefits-hong-kong-new-global-brands-group
  10. Property - Hong Kong & China - RETAILING

    Taubman Asia investing US$600m in new shopping centres

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

    ... by international consultancy CBRE covering 180 global cities. Eight of the top 10 most active shopping centre development markets were in China, namely Chengdu, Tianjin, Shanghai, Chongqing, Shenzhen, ...

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

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