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  • August 1, 2014
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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

    ... 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 more shops', retailers urge Retailers have told the government to build more shops rather than restrain the number of mainland visitors, who are continuing to fuel growth ...

    http://www.scmp.com/business/economy/article/1177586/dont-cap-visitors-build-more-shops-retailers-urge
  2. Business - Money - RETAILING

    Retailers take a pounding as mainland visitors rein in spending

    Posted Oct 05th 2012, 12:00am by Paggie Leung

    ... Paggie Leung paggie.leung@scmp.com Summer of gloom for luxury retailers, despite the number of mainlanders visiting city rising Shops take a pounding as visitors rein in spending Retailers ... to the slowdown in the mainland economy, causing visitors to spend less. Mak said the eight-day Mid-Autumn Festival and National Day holiday had seen fewer mainland visitors coming to Hong Kong ...

    http://www.scmp.com/business/money/spending/article/1054137/retailers-take-pounding-mainland-visitors-rein-spending
  3. Business - News - RETAILING

    Traditional rush of shoppers from China appears to lag

    Posted Oct 01st 2012, 04:48pm by Helene Franchineau, Sean Kennedy

    ... and not limited to luxury goods. However, mainland visitors on Monday appeared upbeat. Ma Jingquan, from Xinjiang, is on his sixth visit to Hong Kong. “I haven’t noticed any drop in the number of mainland ... Helene Franchineau and Sean Kennedy The wave of deep-pocketed mainland shoppers that normally hits Hong Kong for a holiday shopping spree may be more of a trickle than a flood, ...

    http://www.scmp.com/business/article/1051596/traditional-rush-shoppers-china-appears-lag
  4. Business - China Business - RETAILING

    Duty-free shopping surges in popularity in China

    Posted Jul 28th 2014, 04:26am by Celine Sun

    ... shops booming on the mainland While luxury sales growth on the mainland is slowing down, business at domestic duty-free shops is entering a golden age. In September, the world's largest duty-free shopping centre will open its doors in Sanya's Haitang Bay on Hainan Island, one of the most popular holiday destinations on the mainland. Covering a gross floor area of 120,000 ...

    http://www.scmp.com/business/china-business/article/1560734/duty-free-shopping-surges-popularity-china
  5. Property - Hong Kong & China - RETAILING

    Retail vacancies in Hong Kong soaring, but rents dip only slightly

    Posted Jul 26th 2014, 01:38am by Yvonne Liu

    ... habits of mainland visitors, sales of watches and jewellery plunged 24.5 per cent year on year in May. "It hit the business of local luxury watch and jewellery retailers the most," said ...

    http://www.scmp.com/property/hong-kong-china/article/1559389/retail-vacancies-hong-kong-soaring-rents-dip-only-slightly
  6. Business - China Business - RETAILING

    New e-commerce service takes challenge to rival Alibaba

    Posted Jul 28th 2014, 04:27am by BIEN PEREZ

    ... and e-commerce platform to challenge Alibaba Group's online shopping market leader Tmall.com. "We are very optimistic that we can be one of the top social e-commerce players in the [mainland ... a company formed by Shanghai Media to enable the operation of the partnership's next-generation e-commerce platform on the mainland. We're creating a new value proposition for both ...

    http://www.scmp.com/business/china-business/article/1560743/new-e-commerce-service-takes-challenge-rival-alibaba
  7. Business - Companies - RETAILING

    Swatch Group voices concerns over uncertain Hong Kong outlook

    Posted Jul 23rd 2014, 01:33am by Reuters

    ... watch exports in the first half, worth about 2 billion Swiss francs (HK$17.2 billion). Last year, Swatch's sales to Hong Kong, the mainland, Macau and Taiwan totalled 3.2 billion francs, 38 per cent of the group's sales. Swatch, the world's largest watchmaker, has already been grappling with sluggish demand in the mainland market, where a crackdown on gifts for favours ...

    http://www.scmp.com/business/companies/article/1557380/swatch-group-voices-concerns-over-uncertain-hong-kong-outlook
  8. 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 ... a frozen food store in Foshan, Guangdong province, travels to Hong Kong two or three times a year. "I spent about HK$20,000 on medicines as we don't trust mainland products," he ...

    http://www.scmp.com/business/companies/article/1466495/daily-items-top-mainland-china-tourists-hong-kong-shopping-list
  9. 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 ...

    http://www.scmp.com/property/hong-kong-china/article/1549702/taubman-asia-investing-us600m-new-shopping-centres
  10. Business - Economy - RETAILING

    Local character 'key to keeping Hong Kong's allure'

    Posted Apr 12th 2013, 12:00am by Yvonne Liu

    ... we do not take any action, we will gradually lose our attraction to visitors." She said mainlanders increasingly preferred to go shopping in Europe and the United States for the latest ... of a shopping destination, has gradually declined on these streets. "I don't think we will lose mainland visitors suddenly, but it may happen at a faster pace than people expect. If we do ...

    http://www.scmp.com/business/economy/article/1212596/local-character-key-keeping-hong-kongs-allure

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