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  • August 21, 2014
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Results 1 - 10 of 10906 for luxury goods

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  1. Luxury flat prices to grow, says Kerry

    Posted May 04th 2012, 12:00am

    ... Yvonne Liu yvonne.liu@scmp.com Kerry Properties forecasts prices of luxury residential units will grow a further 10 to 20 per cent as new supply remains tight. Chu Ip-pui, executive director of Kerry Real Estate Agency, yesterday said the future supply of small flats would increase due to building in the New Territories. However, supply of luxury and large flats is tight, ...

  2. A bumper new year and lust for luxury keep retail sales on the up

    Posted Apr 09th 2005, 12:00am by Nick Gentle

    ... the board,' Mr Kwan said. 'Consumer sentiment is obviously recovering, especially when it comes to Chinese New Year and luxury goods.' Last month, sales of big-ticket items increased by 16.8 per cent, due mainly to a 37.4 per cent rise in the volume of electrical goods and photographic equipment sold. That more than made up for a 15.9 per cent decline in the volume of motor ...

  3. Mainland luxury market on pace for 30pc growth

    Posted Dec 16th 2011, 12:00am

    ... Daniel Ren in Shanghai ren.wei@scmp.com The mainland's luxury goods market is expected to grow by 30 per cent this year as young consumers snap up coveted watches and leather hand ... by the global consultancy Bain & Company. Sales of luxury goods on the mainland could hit 113 billion yuan (HK$137 billion) this year, up from 87 billion yuan last year, mainly driven by new ...

  4. HK losing luxury shopping appeal

    Posted Jul 27th 2012, 12:00am

    ... Celine Sun in Beijing celine.sun@scmp.com Mainland shoppers are increasingly buying luxury goods locally, turning away from high-end stores in Hong Kong and abroad, according to a survey ... goods are generally more expensive across the border because of higher taxes. Luxury brands have been expanding rapidly on the mainland, making it easier for local customers to do their shopping ...

  5. Luxury goods losing their shine

    Posted Feb 03rd 2012, 12:00am

    ... in luxury goods including jewellery and watches slowing for a seventh straight month. Local retail sales jumped 23.4 per cent year on year to HK$43.05 billion in December, bringing the total ... Since August the luxury goods sector has reported a fall in sales of big ticket items- such as multi-carat diamond rings and watches that cost millions of dollars- although this has been partly ...

  6. Publisher guides mainlanders on luxury with Chinese characteristics

    Posted Apr 03rd 2011, 12:00am

    ... In the global luxury industry, China 'is the hero of the moment' while most developed countries are struggling against the economic slowdown. With sales of luxury goods on the mainland expected to exceed US$15 billion in the next five years, China will become the world's largest luxury market. In the latest wealth boom, luxury magazines have become popular ...

  7. Company sates appetite for premium products

    Posted Apr 16th 2012, 12:00am

    ... historic ties to the Middle Kingdom have positioned its brand as the premium marketing, distribution and logistical service representing consumer goods, beverage, industry products and luxury items ... in China, including Hong Kong and Macau. Last year, we sold over 6,000 vehicles throughout Greater China.' As luxury booms in China, the taste of the good life is not complete without ...

  8. Mainland sales of luxury goods to reach US$44b within decade

    Posted Sep 05th 2007, 12:00am by Andy Chen

    ... Andy Cheng Spending on luxury goods and services on the mainland will jump 134 per cent to US$44.4 billion in 2016, according to a MasterCard study. Mainlanders between the ages of 18 ... Sachs report found that the mainland is the world's third-largest consumer of luxury goods, accounting for 12 per cent of global sales, behind Japan's 41 per cent and 17 per cent ...

  9. Mainland consumers pick up the threads on luxury consumption

    Posted Sep 10th 2007, 12:00am by Andy Chen

    ... worked. Ports last month posted a 41.6 per cent increase in first-half earnings to 142.8 million yuan, driven by the growing mainland appetite for quality luxury goods. Vogue last year ranked ... product but we had to take a long-term view.' Goldman Sachs says the mainland is now the world's third-largest consumer of luxury goods, accounting for 12 per cent of global sales, ...

  10. Attention shifts from luxury end

    Posted Sep 28th 2007, 12:00am by Mark Armsden

    ... Mark Armsden The high-end, mid-tier and mass-market property segments are starting to take off as numerous new projects sell off quickly Interest is beginning to shift from luxury ... that the luxury market has hit a plateau. Despite this, the luxury end remains robust, while all other segments are welcoming numerous new projects, which are selling quickly. At the luxury level, ...




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