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  • April 19, 2014
  • Last updated: 11:56am
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  1. Business - Companies - RETAIL

    Chow Tai Fook eyes 20 per cent growth after 9 per cent drop in sales

    Posted Apr 15th 2014, 12:21am by Keira Lu Huang

    ... Keira Lu Huang Keira.huang@scmp.com Chow Tai Fook targets 20pc growth after drop Hong Kong-based jewellery giant Chow Tai Fook is banking on better sales performance in Hong Kong and Macau ... as mainland tourists continue to flock to Hong Kong," Cheng said. But in a recent report, Jefferies said it expects the company's same-store sales to fall 3 per cent this year even ...

    http://www.scmp.com/business/companies/article/1482494/chow-tai-fook-eyes-20-cent-growth-after-9-cent-drop-sales
  2. 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
  3. 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
  4. 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
  5. News - Hong Kong - RETAIL

    HK$1,500 fixed penalty proposed for shops that spill into the street

    Posted Mar 15th 2014, 04:11am by SHIRLEY ZHAO

    ... a four-month consultation yesterday. "There are too many people and there is too little land in Hong Kong. The rents are high and business competition is acute. We don't hope to solve ...

    http://www.scmp.com/news/hong-kong/article/1448875/hk1500-fixed-penalty-proposed-shops-spill-street
  6. Property - Hong Kong & China - RETAIL

    Demand for gold jewellery drives sales surge at APM Mall in Hong Kong

    Posted Jul 03rd 2013, 12:00am by Sandy Li

    ... for the event and Fung hoped to attract 13 million visits. Meanwhile, Kerry Properties' MegaBox in Kowloon Bay will join forces with Hong Kong Disney Consumer Products to present the "Winnie ...

    http://www.scmp.com/property/hong-kong-china/article/1274023/demand-gold-jewellery-drives-sales-surge-apm-mall-hong-kong
  7. Business - Companies - RETAIL

    Fast Retailing CEO upbeat despite Asia tensions

    Posted Mar 05th 2014, 04:36pm by TIFFANY AP

    ... apparel retailer. "I believe no matter how the economy turns, our business can be accepted whether in Hong Kong, the mainland or Japan … regardless of economic climate we will make our stride ... of the company's secondary listing, aimed at raising its profile in the region. Fast Retailing's first day of trading on the Hong Kong Stock Exchange saw its shares soar as much as 31.5 per cent from ...

    http://www.scmp.com/business/companies/article/1440986/fast-retailing-ceo-upbeat-despite-asia-tensions
  8. 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
  9. Business - RETAIL

    Hong Kong's Yata set to open three stores as weaker yen boosts sales

    Posted May 21st 2013, 12:00am by Charlotte So

    ... of the chain's expansion is the unusual opportunity presented to it by the vacating of a large site in Tsuen Wan Plaza by Aeon Stores (Hong Kong). Aeon moved to a nearby site. It is not easy to get new space for a department store, as Hong Kong landlords tend to break the shopping mall into smaller shops for greater return Yata managing director Daniel Chong Wai-chung "It is not easy ...

    http://www.scmp.com/business/article/1242344/hong-kongs-yata-set-open-three-stores-weaker-yen-boosts-sales
  10. Business - Money - RETAIL

    Esprit shares fall sharply in Hong Kong after broker downgrades

    Posted May 09th 2013, 12:00am by Celine Sun

    ... Celine Sun in Beijing celine.sun@scmp.com Esprit shares dumped on broker downgrades Shares of fashion retailer Esprit, which warned of a substantial loss for the year to June, dropped yesterday after brokers downgraded the stock. The shares fell as much a ...

    http://www.scmp.com/business/money/markets-investing/article/1233261/esprit-shares-fall-sharply-hong-kong-after-broker

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