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  • August 21, 2014
  • Last updated: 10:01pm
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  1. Business - China Business - RETAILING

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

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

    ... Ning, who won three gold medals in the 1984 Los Angeles games, has been working on a transformation from a wholesale model to a direct retail one and redesigning its products after suffering ... planned sell-through momentum on new products, expenses from consolidation of its store network and supply chain, along with overall distribution costs ate up 43.7 per cent of the group's ...

  2. 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 ... on the other hand, is counting on developing a premium performance-based product as part of its strategy. Its three lines range in price from 299 yuan to 999 yuan, with the top end competing ...

  3. Business - Companies - RETAILING

    Swiss coffee machine maker is Starbucks' 'secret weapon'

    Posted Aug 07th 2014, 05:29am by BLOOM

    ... "It's a product that matches the technology of those countries. It's like the watch industry, where you have everything from education to the people, the quality, value, ...

  4. Business - Companies - RETAILING

    New product lines seeing double-digit growth, says Li Ning CEO

    Posted May 31st 2014, 12:59am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Sports shoes help get Li Ning back on its feet The new product lines for Chinese sportswear brand Li Ning are seeing double-digit growth this year, its interim chief executive Jin Goon Kim said yesterday after the company's annual shareholders' meeting. "The impact has been quite substantial. The growth of the new products has ...

  5. Business - China Business - RETAILING

    Duty-free shopping surges in popularity in China

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

    ... square metres, the super-large mall will use more than a third of its total area to sell top-brand duty-free goods, ranging from perfume, skincare products, jewellery, fashion and leather goods. ... met the demand of an increasing number of price-sensitive consumers who desire top brands but can only afford small items such as cosmetics, skincare products, perfume and watches, she said. ...

  6. Business - Companies - RETAILING

    Adidas sales on track to surpass €2b thanks to World Cup exposure

    Posted Jul 11th 2014, 01:31am by BLOOM

    ... the support for product sales will remain strong JOHN KRISTICK, GROUPM "Sponsoring the final teams is the grand prize for the apparel brand," said John Kristick, global chief executive of ad buying agency GroupM. "There will be an immediate sales lift in the winning country, but these teams are football powerhouses- where, win or lose, the support for product sales will remain ...

  7. Property - Hong Kong & China - RETAILING

    Taubman Asia investing US$600m in new shopping centres

    Posted Jul 09th 2014, 05:02am by Sandy Li

    ... of Taubman Asia, told the South China Morning Post. He said the average gross domestic product in Xian and Zhengzhou was growing 40 to 50 per cent faster than some other mainland cities, ...

  8. Business - China Business - RETAILING

    Slump in China’s wine market forces shake-out, rethink

    Posted Jun 03rd 2014, 10:41am by Benjamin Robertson

    ... and "this explains why as a responsible listed company we have already issued a profit warning", financial controller Rex Yeung said. A collapse in spending by SOEs has forced China's ... in relation to a transaction. Last month, the company announced a search warrant had been issued on its Hong Kong office. Yeung declined to comment on the investigation. Sales of expensive ...

  9. Business - Companies - RETAILING

    Hong Kong supermarkets concerned by slave claims on Thai fishing fleet

    Posted Jun 13th 2014, 05:57am by Benjamin Robertson

    ... 1.67 billion) in profits last year and its Hong Kong product sales include prawn noodles, eggs and frozen chicken. The Guardian said the firm bought seafood from boats manned with slaves. CP ... said Tim Condon, ING Asia chief economist. Condon has downgraded gross domestic product growth estimates for this year from 2.4 per cent to 0.9 per cent. The Thai economy is the second biggest ...

  10. Business - China Business - RETAILING

    Chinese customers' lack of loyalty puts pressure on brands

    Posted Jun 11th 2014, 01:15am by TIFFANY AP

    ... the behaviour of 40,000 mainland households from 373 cities over two years. It looked at shopping behaviour covering 26 consumer staples from milk, confectionery, baby products to shampoo. It found ...




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