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  1. Business - Economy - RETAIL

    Hong Kong protests put huge dent in Asia luxury goods sales

    Posted Oct 20th 2014, 05:05am by AFP

    ... Agence France-Presse Top brands also hurt by mainland slowdown and anti-corruption drive Protests put dent in Asia luxury goods sales Protests in Hong Kong, an economic slowdown ... Consultants Bain & Company have forecast that the luxury goods market in China will contract for the first time ever this year. The crisis in Hong Kong "will have an impact" ...

    http://www.scmp.com/business/economy/article/1620175/hong-kong-protests-put-huge-dent-asia-luxury-goods-sales
  2. Business - Companies - RETAIL

    Department store chain Yata prospers by appealing to Hong Kong's tastes

    Posted Oct 11th 2014, 04:09am by TIFFANY AP

    ... of its sales from Hong Kong shoppers, said sales in the first week of October rose 24.9 per cent on a year ago, building on the 26.7 per cent annual growth chalked up in the first eight months ... two identities," said Chong. "I'm a retailer. I love to do business but I'm also a Hongkonger, so there is a line. Hong Kong is a very small space and the public services ...

    http://www.scmp.com/business/companies/article/1614052/department-store-chain-yata-prospers-appealing-hong-kongs-tastes
  3. Business - Economy - RETAIL

    Hong Kong year-on-year retail sales show 4.1 per cent drop for May

    Posted Jul 03rd 2014, 11:47pm by TIFFANY AP

    ... for third month Hong Kong's retail sales fell 4.1 per cent year on year in May, the third straight month of shrinking consumer spending exclusing the Lunar New Year month of Feburary, ... sales fell 0.2 per cent compared with the same period last year.  Although the high base from last year's gold buying spree was one reason for the dismal May figure, Hong Kong Retail ...

    http://www.scmp.com/business/economy/article/1546132/hong-kong-year-year-retail-sales-show-41-cent-drop-may
  4. News - Hong Kong - RETAIL

    Hong Kong jewellers fear shine taken off 'golden week' this year

    Posted May 02nd 2014, 03:39am by Amy Nip, SHIRLEY ZHAO

    ... to spend big in the city. Gold businesses are particularly downbeat, despite an Immigration Department forecast that Hong Kong will welcome 4.89 million visitors from May 1 to 6, a tenth more than ... store in Tsim Sha Tsui, Ren Tao of Shenzhen was queueing with his girlfriend. The third-time visitor to Hong Kong said he was in the city for only one day- but planned to splash out HK$40,000 ...

    http://www.scmp.com/news/hong-kong/article/1501943/hong-kong-jewellers-fear-shine-taken-golden-week-year
  5. Business - Companies - RETAIL

    Labour Day holiday unlikely to have boosted retail sales in Hong Kong

    Posted May 03rd 2014, 04:00am by TIFFANY AP

    ... holiday is unlikely to boost retail sales figures in Hong Kong, which fell 1.3 per cent in March, the second consecutive month of contraction. Total city-wide retail sales were valued at HK$39.6 ... but was a far cry from the 13.9 per cent growth that the same period in 2013 saw over that of 2012. Hong Kong Retail Management Association chairwoman Caroline Mak Sui-king called the results shocking, ...

    http://www.scmp.com/business/companies/article/1502945/labour-day-holiday-unlikely-have-boosted-retail-sales-hong-kong
  6. Property - Hong Kong & China - RETAIL

    Big fashion brands still looking to Hong Kong

    Posted Oct 09th 2013, 12:00am by Yvonne Liu

    ... still looking to HK Big international fashion retailers remain keen to open for business in Hong Kong even though shop rents are among the highest in the world. Tommy Bahama, a United States-based causal wear brand, opened its first store in Hong Kong in January. Its store has a useable area of about 4,000 square feet and is located on the ground floor of the J Senses Building ...

    http://www.scmp.com/property/hong-kong-china/article/1327255/big-fashion-brands-still-looking-hong-kong
  7. Property - Hong Kong & China - RETAIL

    Royal Selangor Pewter not deterred by high Hong Kong rent levels

    Posted Oct 02nd 2013, 12:00am by Peggy Sito

    ... mettle for hot Hong Kong market Hong Kong's shop rents are high, but international retailers are willing to pay a premium to secure a foothold in the market, according to Chen Tien Yue, the executive director of Malaysian-based pewter manufacturer and retailer Royal Selangor International, which has set up shop in Central. "We know Hong Kong rents are not low," Chen said, ...

    http://www.scmp.com/property/hong-kong-china/article/1322258/royal-selangor-pewter-not-deterred-high-hong-kong-rent
  8. News - Hong Kong - RETAIL

    Chow Kee, a famous paper craft shop in Hong Kong, closes down

    Posted Sep 01st 2013, 12:00am by ANNEMAIRE EVANS

    ... of another rent rise ending the career of a man who insisted that his detailed items be kept traditional and handmade. Chow Kee provided paper lanterns and other items in Hong Kong for more than 70 ...

    http://www.scmp.com/news/hong-kong/article/1300985/chow-kee-famous-paper-craft-shop-hong-kong-closes-down
  9. Property - Hong Kong & China - RETAIL

    Mainland Chinese's declining spending hits rents for Hong Kong's street-level shops

    Posted May 29th 2013, 12:00am by Sandy Li

    ... of HK$3.3 million. Hong Kong's oldest retail chain, Sincere Department Store, earlier this month rented a 21,000 sq ft, two-storey outlet on Percival Street for HK$2.1 million a month, about ...

    http://www.scmp.com/property/hong-kong-china/article/1248300/mainland-chineses-declining-spending-hits-rents-hong-kongs
  10. Business - Companies - RETAIL

    Wine merchant Berry Brothers & Rudd sets up shop in Hong Kong

    Posted Feb 13th 2013, 12:00am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Berry Brothers & Rudd is eager to make the most of China's growing taste for fine wines British wine stalwart sets up Hong Kong base The growing number of wine lovers in Asia, particularly in China, has led a London-based wine merchant with 324 years of history serving customers in Europe to open its first outlet in Hong Kong. Berry ...

    http://www.scmp.com/business/companies/article/1148933/wine-merchants-berry-brothers-rudd-sets-shop-hong-kong

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