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  • November 28, 2014
  • Last updated: 12:23am
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  1. Business - Economy - RETAILING

    'Don't cap visitors, build more shops', retailers urge

    Posted Mar 05th 2013, 12:00am by Anita Lam

    ... into the city, or even cap the number of mainland tourists, have grown stronger recently as ever-increasing visitor numbers weighed on Hong Kong's traffic, space and resources. Caroline Mak ... Anita Lam Anita.lam@scmp.com Hong Kong Retail Management Association urges the government to ignore calls to restrict the numbers of mainland shoppers 'Don't cap visitors, build ...

  2. Business - Companies - RETAILING

    Daily items top mainland China tourists' Hong Kong shopping list

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

    ... Sandy Li sandy.li@scmp.com Unlike big spenders, visitors with limited budget go for medicines, milk powder and snacks Daily items top mainland tourists' HK shopping list Medicines ... tourists, Lu said he did not buy any designer label goods. "I came here for fun," he said. "Luxury items are beyond my budget." Another mainland tourist said he had come from ...

  3. Business - Companies - RETAILING

    DFS follows Chinese tourists to boost sales

    Posted Jul 31st 2013, 12:00am by Charlotte So

    ... mainland tourists to boost sales The world's largest duty-free retailer DFS Group will add more outlets outside Asia as mainland travellers, who now contribute more than half of the firm's global sales, find tourist destinations farther away from home. Mainland tourists, who barely made an impression on DFS' income even a decade ago, had overtaken the Japanese ...

  4. Business - Economy - RETAILING

    Chinese tourist spending in Hong Kong still on the rise

    Posted Aug 21st 2013, 12:00am by TIFFANY AP

    ... tourist spending still rising Big-spending tourists from the mainland may not be immune to the country's economic slowdown but their spending in Hong Kong is still on the rise, says the Hong Kong Tourism Board. "Spending [of high-end mainland tourists] in Hong Kong is not down. It's still up against the past quarter but we see the rate of increase is slowing down," ...

  5. Business - Companies - RETAILING

    Cosmetics market yet to reach peak, says Sa Sa

    Posted Dec 11th 2013, 05:05am by Charlotte So

    ... and mainland tourists. The positive effect of allowing individual mainland tourists to visit Hong Kong, which began 10 years ago, had shown signs of abating. For example, Sa Sa's sales during ... Kong-Zhuhai-Macau bridge in 2016 would bring more mainland tourists to Hong Kong and stimulate retail sales in the city. The mainland market accounts for 5 per cent of Sa Sa's sales. Kwok said ...

  6. Business - Companies - RETAILING

    Luk Fook to expand in prime shopping districts as rent rises ease

    Posted Aug 27th 2014, 01:27am by BLOOM

    ... didn't even ask for more rent." Sales at luxury retailers in Hong Kong dropped at least 25 per cent each month in the second quarter as mainland tourists spent less on watches and jewellery. ... with mainland tourists, would become bigger when it reopened before the Christmas holidays, Wong said. The company has opened new shops in Causeway Bay, Mong Kok and Tsuen Wan this year. The number ...

  7. Business - Economy - RETAILING

    Hong Kong shopping malls record bumper new year sales

    Posted Feb 16th 2013, 12:00am by Sandy Li

    ... at the start of the Year of the Snake, thanks to an influx of mainland tourists. Elizabeth Kok, the general manager for retail at Swire Properties, said some retailers at the Pacific Place mall ... increase to HK$160 million in the first five days of the Year of the Snake. Maureen Fung Sau-yim, SHKP's leasing department general manager, said average spending among mainland tourists ...

  8. Business - Economy - RETAILING

    Global year-end sales sluggish

    Posted Dec 29th 2012, 12:00am by Sophie Yu

    ... he was optimistic about the purchasing power of mainland tourists in Hong Kong. "The Chinese economy is on the mend and is bottoming out. As wages on the mainland increase, people's ... mainland tourists may also begin to cool on buying luxury items during their visits to Hong Kong. "The impact (of waning mainlander interest) on jewellery sales has already been observed ...

  9. Property - Hong Kong & China - RETAILING

    Hysan Development ready to seize opportunities in luxury market

    Posted Aug 20th 2014, 05:21am by Yvonne Liu

    ... pace. Deputy chairman Lau Siu-chuen, who raised eyebrows two years ago with his forecast of slowing sales in a sector propelled to double-digit growth rates by mainland tourists, said Hysan ... store, which will open next month. Lau said international brands still had confidence in Hong Kong, although protests against mainland tourists had dampened the interest of some. Lau Siu-chuen ...

  10. Property - Hong Kong & China - RETAILING

    Good times ending for Hong Kong's retail landlords as rents fall

    Posted Aug 14th 2013, 12:00am by RACHEL BUTT

    ... Rachel Butt property.post@scmp.com Rents are dropping for city's prime retail properties as big-spending mainland tourists look beyond Asia for their shopping sprees Good times ending ... are considered the fringe." The fall in rents comes as more big-spending mainland tourists opt to go to Europe for their shopping sprees rather than come to Hong Kong, and slowing growth in China ...




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