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  • September 18, 2014
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  1. News - Hong Kong - RETAILING

    Sotheby's opens wine shop in Hong Kong, its second after New York

    Posted Sep 17th 2014, 04:35am by Amy Nip

    ... buyers have become more mature and are more demanding about a wine's provenance and authenticity. According to the Trade Development Council, exports and imports of wine reached HK$1.15 ...

    http://www.scmp.com/news/hong-kong/article/1594226/sothebys-opens-wine-shop-hong-kong-its-second-after-new-york
  2. Business - Companies - RETAILING

    759 Store chief to launch 'traditional take on e-commerce'

    Posted Sep 16th 2014, 03:23am by TIFFANY AP

    ... OC&C Strategy said consumer staples were quite low-margin products, "so the issue is you've got to make sure the profitability of a basket is enough to cover the delivery costs, which are going to be relatively high in Hong Kong". "That's always been a struggle with making groceries work online anywhere," he said. "The ideal products for e-commerce ...

    http://www.scmp.com/business/companies/article/1593492/759-store-chief-launch-traditional-take-e-commerce
  3. Business - China Business - RETAILING

    H&M, Zara defend quality control practices after watchdog criticism

    Posted Aug 29th 2014, 04:17pm by James Griffiths

    ... Zara's parent company, told the South China Morning Post it "strives to ensure that products meet the most stringent health, safety and quality standards, including those set by the authorities in China". On Wednesday, the mainland's General Administration of Quality Supervision, Inspection and Quarantine said that products from Zara, H&M, Mango, and Forever 21 ...

    http://www.scmp.com/business/china-business/article/1581717/hm-zara-defend-quality-control-practices-after-watchdog
  4. Business - Companies - RETAILING

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

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

    ... for the year. Hong Kong was seeing more tourists from smaller mainland cities with less purchasing power, said Luk Fook executive director Nancy Wong Lan-sze. The average price of products sold declined ...

    http://www.scmp.com/business/companies/article/1580963/luk-fook-expand-prime-shopping-districts-rent-rises-ease
  5. 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 ...

    http://www.scmp.com/business/companies/article/1522218/new-product-lines-seeing-double-digit-growth-says-li-ning-ceo
  6. 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 ...

    http://www.scmp.com/business/china-business/article/1573346/transformation-plan-extends-li-nings-losses
  7. 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 ...

    http://www.scmp.com/business/china-business/article/1569186/anta-first-break-away-loss-making-chinese-sportswear-pack
  8. 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, ...

    http://www.scmp.com/business/companies/article/1567886/swiss-coffee-machine-maker-starbucks-secret-weapon
  9. 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. ...

    http://www.scmp.com/business/china-business/article/1560734/duty-free-shopping-surges-popularity-china
  10. 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 ...

    http://www.scmp.com/business/companies/article/1551434/adidas-sales-track-surpass-eu2b-thanks-world-cup-exposure

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