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  • August 21, 2014
  • Last updated: 6:37pm
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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 - China Business - RETAILING

    Sportswear firm Li-Ning sees first-half loss soar 218pc

    Posted Aug 14th 2014, 10:07am by TIFFANY AP

    ... total revenue. "The loss was primarily due to the investment in retail and marketing, which obviously will contribute to the business in time," Kim said. Staff costs and store rental ...

  3. Business - China Business - RETAILING

    Anta first to break away from loss-making Chinese sportswear pack

    Posted Aug 08th 2014, 03:27pm by TIFFANY AP

    ... to at least 550 million yuan (HK$691 million). About 300 million yuan is attributable to upfront product investments and the shift to a directly owned retail store network. An additional 300 million ...

  4. 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 ...

  5. 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, ...

  6. 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 ...

  7. 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 ...

  8. 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 ...

  9. 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 ...

  10. 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." ...




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