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  • September 2, 2014
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  1. Luxury goods sales surge forecast

    Posted May 09th 2012, 12:00am

    ... Sophie Yu sophie.yu@scmp.com The global luxury-goods market will grow 10 per cent annually over the next three years, thanks mainly to demand in emerging markets, according to estimates ... accounted for about half of the global luxury goods market, a share that was expected to surge to 73 per cent by 2020. The retail value of luxury products in Hong Kong equates to 2.7 per cent ...

  2. Ripe time for luxury brand expansion

    Posted Nov 14th 2011, 12:00am

    ... Denise Tsang denise.tsang@scmp.com Retailers are facing heated competition to attract increasingly wealthy mainland shoppers, and luxury watch brands are flocking to open stores in China. US jewellery and watch brand Harry Winston has opened a flagship timepiece store at Elements shopping mall in West Kowloon, while Swiss watchmakers Maurice Lacroix and Zino Davidoff- also ...

  3. Closing down is a great excuse to have a party for Scandinavian luxury lifestyle group Georg Jensen

    Posted Jan 13th 2012, 12:00am

    ... inspiration for a book about the luxury lifestyle. '[The pop-up concept] gave us a good platform to test the market,' Garde Due said. 'We want to energise the brand, give it more edge ... Vivian Chen When the Scandinavian luxury lifestyle brand Georg Jensen hosted a cocktail event at its first Asia pop-up store in Kowloon's Elements mall, just for a change, ...

  4. Fund sees record rentals for Macau luxury flats

    Posted Jun 30th 2010, 12:00am by Yvonne Liu

    ... Yvonne Liu The Macau Property Opportunities Fund has achieved record rentals for units in The Waterside, a luxury residential block in Macau that it bought from Hongkong Land and Shun Tak ... in the city centre, enjoys views over the Nam Van Lake and was built by developers with good reputation. You can't find a similar project in the city,' said Cello Chan, associate director ...

  5. Luxury world group tour snapped up at HK$550,000 each

    Posted Jun 21st 2010, 12:00am by Paggie Leung

    ... that the luxury travel market has rebounded from the global economic downturn, with Asia driving growth. Paul Leung Yiu-lam, of the Hong Kong Association of Travel Agents, said it was good to see more ... class, staying in five-star hotels, dining at renowned and Michelin-starred restaurants, as well as sailing on a deluxe cruise ship to 27 cities from February. 'We launched this luxury ...

  6. D&G and a sorry state of affairs

    Posted Jan 20th 2012, 12:00am

    ... crowds demanding an apology. People are upset by an alleged ban on Hong Kong people taking pictures of the luxury chain's shop, while wealthy tourists from the mainland are permitted. ... something about Hong Kong people's feelings. Concerns about the wealth gap have made luxury brands a target, while the growing influence of wealthy mainland tourists has increased sensitivity ...

  7. City's wealthy cut back on life's luxuries as financial crisis bites

    Posted Oct 03rd 2008, 12:00am by Dennis Eng, Paggie Leung

    ... long-haul destinations and luxury tours, but short-haul trips to Southeast Asia have seen an increase,' Ms Lau said. Retail sales in August rose 10.4 per cent year on year by value, to HK$22.8 billion. And although there were double-digit increases in sales of electrical goods and furniture, car sales dropped 14.8 per cent and sales of footwear fell 4.1 per cent. A government spokesman ...

  8. The good, the bad and the dirty

    Posted Jun 29th 2012, 12:00am

    ... are forced upstairs to stay in business as luxury brands evict them from the core shopping areas. Even for those who can afford their own home, fluctuations in the property market in the past 15 ... with investments,' he says. Income might not be distributed equally and private flats are sometimes a luxury, but there is one thing of which everyone, rich or poor, has more than a fair share: air ...

  9. Luxury travel show has HK in its sights

    Posted Jun 30th 2003, 12:00am by Winnie Chung

    ... The producer and host of a world-famous luxury travel programme is proposing a series of one-hour specials on Asian countries, including one on Hong Kong. It is an effort to help attract ... Varun Sharma, the host of The Luxury Travel Show. 'I've been to this region pre-war and pre-Sars and I've seen what damage has been done,' he said in Hong Kong yesterday. ...

  10. Luxury liner's broadcast has slandered HK

    Posted Mar 04th 2007, 12:00am by Staff Reporter

    ... out. One or both are likely doing something wrong and we, your customers, are giving you our good money for no value. Inadvertently, I and other customers like me have probably committed ...




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