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  • September 17, 2014
  • Last updated: 9:45pm
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Results 1 - 10 of 41 for income tax

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  1. Business - Companies - RETAILING

    759 Store chief to launch 'traditional take on e-commerce'

    Posted Sep 16th 2014, 03:23am by TIFFANY AP

    ... expanding his business to the mainland, saying import taxes made it illogical to operate in Guangdong. ...

  2. Business - Companies - RETAILING

    Giordano net profit falls as clothing fails to impress

    Posted Aug 15th 2014, 01:09am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Casual clothing company sees signs of recovery after modifying range amid declines in attributable income and sales in the first half Giordano net profit drops to HK$174 m Homegrown casual wear brand Giordano's profits plunged in the first half as its clothing lines failed to impress shoppers and competition in women's wear intensified. ...

  3. Business - Economy - RETAILING

    The not-so-Great Singapore Sale: Mainland shoppers say Hong Kong is better value

    Posted Aug 05th 2014, 03:25am by Bloomberg

    ... Bloomberg in Singapore Mainland Chinese shoppers discover how a strong dollar, labour costs and a sales tax in the city state mean it's cheaper to go to Hong Kong Retailers billed ... the mark-up: a strengthening exchange rate, rising labour costs and a sales tax mainland tourists do not encounter in neighbouring Hong Kong. A reduction in visitors from Asia's largest economy ...

  4. Business - China Business - RETAILING

    Duty-free shopping surges in popularity in China

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

    ... revenue from the store reached seven billion yuan by March this year. Statistics from the Tax Free World Association show sales revenue from duty-free and tourism retail businesses in Asia-Pacific ... said. So far, prices at China's local duty-free shops are still higher than in other countries because of their supply channels, relatively high profit margins and various taxes to be paid ...

  5. Business - Companies - RETAILING

    Shake-up in money transfer business looms with Wal-Mart's new service

    Posted Apr 19th 2014, 01:09am by AP

    ... The world's largest retailer introduced a new money transfer service that it says will cut fees for low-income customers by up to 50 per cent compared with similar services elsewhere. ... access to banks. The company already offers prepaid cards, cheque cashing services and tax preparation services. The retailer is aggressively trying to increase foot traffic in its stores after ...

  6. Business - Companies - RETAILING

    Prada shares sold off on earnings slide for first quarter

    Posted Jun 07th 2014, 01:13am by TIFFANY AP

    ... compared with a 1.2 per cent decline in the Hang Seng Index. The Italian group reported net income of €105.3 million (HK$1.1 billion) in the first quarter, a drop of 23.8 per cent from a year ago. ...

  7. Business - Companies - RETAILING

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

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

    ... are among the other 100. The firm said in March that its new three-year target was to more than double the operating income for the consumer brands division from US$134 million, mainly driven ...

  8. Business - China Business - RETAILING

    Shanghai outlet centre to promote affordable Italian luxury

    Posted Feb 27th 2014, 10:21am by Daniel Ren

    ... to be well-founded. Global management consultancy McKinsey estimates that a new class of consumer is emerging on the mainland in tandem with increasing disposable income. Describing them as "new mainstream consumers" whose annual income exceeds 106,000 yuan (HK$134,000), McKinsey predicts that their numbers will jump to 400 million by 2020 as they become the "standard setters ...

  9. Business - Companies - RETAILING

    Rich pay, rich clients, but luxury retail jobs go begging

    Posted May 09th 2014, 11:10am by TIFFANY AP

    ... career", resulting in a high attrition rate. At the store manager level, recruitment proves even tougher, despite incomes as high as HK$70,000 a month. Luxury brands are looking for a certain ...

  10. Business - Companies - RETAILING

    Daily items top mainland China tourists' Hong Kong shopping list

    Posted Apr 07th 2014, 04:38am by Sandy Li

    ... visitor scheme in 2011. I bought three bottles of red wine for HK$3,500 as they are tax-free items Lu Nengche, car mechanic "I will not fly to Japan or other places because of the language ... shopping. "I bought three bottles of red wine for HK$3,500 as they are tax-free items," he said. "Then shampoo, Japanese snack food and herbal medicines." Unlike rich mainland ...




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