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  • July 14, 2014
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  1. Property - Hong Kong & China - RETAILING

    Taubman Asia investing US$600m in new shopping centres

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

    ... Sandy Li sandy.li@scmp.com Shopping centres in mainland cities Xian and Zhengzhou to benefit from 40 per cent of budget Taubman Asia investing US$600m in new malls Taubman Asia, a subsidiary of US mall operator Taubman Centers, has committed US$600 million to projects in Asia, with 40 per cent of that investment earmarked for mainland ventures. The company has formed ...

  2. Business - Companies - RETAILING

    Hong Kong supermarkets concerned by slave claims on Thai fishing fleet

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

    ... Pokphand, the group's investment arm, is listed in Hong Kong, and owns animal feed and livestock businesses. In a statement, CP said it knew of the problem and would "put in place ...

  3. Business - Companies - RETAILING

    Robinsons Retail eyes family-owned chains to compete with rival

    Posted Jun 03rd 2014, 01:30am by BLOOM

    ... spending to a record this year and lure investments to improve infrastructure and create jobs. "We can see that growth is spreading," Gokongwei-Pe, the eldest daughter of John Gokongwei, ...

  4. Business - China Business - RETAILING

    Slump in China’s wine market forces shake-out, rethink

    Posted Jun 03rd 2014, 10:41am by Benjamin Robertson

    ... third-largest wine merchant to shift gear. Dynasty is hiring young salespeople and investing in e-commerce and social media platforms, Yeung said. Trading in Dynasty's Hong Kong-listed shares ...

  5. Business - Companies - RETAILING

    Less is more as Louis Vuitton stays atop luxury list in brands ranking

    Posted May 22nd 2014, 01:19am by BLOOM

    ... Kourovskaia said. Fendi slumped 17 per cent to US$3 billion as a lack of investment by owner LVMH led to the fashion house being seen as less relevant by new luxury consumers, she said. While both ...

  6. Business - Companies - RETAILING

    Dickson Concepts opens door to new investments

    Posted May 22nd 2013, 12:00am by Celine Sun

    ... Celine Sun in Beijing celine.sun@scmp.com High-fashion retailer seeks to diversify its business after profit jumps 22.8 per cent Dickson Concepts opens door to new investments High-fashion ... investment opportunities with an aim to diversify and broaden its earnings base. "When a company's business gets mature, it's normal and proper to make investments in other ...

  7. Business - Companies - RETAILING

    Tesco profit declines for second year as UK sales worsen

    Posted Apr 17th 2014, 01:09am by BLOOM

    ... in as many years in February after a £1 billion investment in stores, staff training and artisan bakeries and coffee shops failed to stem shoppers' defection to budget chains Aldi and Lidl. ... by saying Tesco will invest £200 million a year in permanent cuts to prices on everyday items such as milk, bread, carrots and cucumbers. Still, Tesco's prices on key produce lines are as much ...

  8. Business - Companies - RETAILING

    Chow Tai Fook's golden touch is lost on investors

    Posted Mar 22nd 2014, 01:30am by Jasper Moiseiwitsch

    ... at a compounded annual rate of 40 per cent from 2010-15. That's proven too optimistic- Hong Kong retail and watch sales have grown at an annual compound rate of 20 per cent since 2010. We will invest ... "We are a newly listed company, and we will invest more in investor relations to grow the transparency of the company," said Wong. "Why did we list? To be more transparent." ...

  9. Business - China Business - RETAILING

    Retailer hopes Old Navy will bridge China gap

    Posted Mar 03rd 2014, 03:22pm by Reuters

    ... 30, queuing for the flagship store’s launch in Shanghai’s up-market Jingan district. Gap’s China team plans to invest in promoting brand awareness with local shoppers, especially online, ...

  10. Business - Companies - RETAILING

    Wharf's Chengdu mall set to open

    Posted Dec 17th 2013, 03:22am by Peggy Sito

    ... to open After years of sustained investments on the mainland, it's collection time for Wharf Holdings as its shopping centre in Chengdu opens next month. Executive director Doreen Lee ... said, but added development property, not rentable commercial space, remained the key growth driver for the group. According to Wharf's interim results, it has investment property assets ...




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