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  • October 25, 2014
  • Last updated: 5:29pm
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Results 1 - 10 of 48 for rental expense

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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

    ... 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 total revenue. "The loss was primarily due to the investment in retail and marketing, which obviously will contribute to the business in time," Kim said. Staff costs and store rental ...

  2. Business - Companies - RETAILING

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

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

    ... renew leases for stores that we rented three years ago, we would see a big jump in rent," said Wong. "But we've seen the rental increase slow at many stores. Some landlords ...

  3. Business - China Business - RETAILING

    Anta first to break away from loss-making Chinese sportswear pack

    Posted Aug 08th 2014, 03:27pm by TIFFANY AP

    ... yuan has been set aside to cover bad debts, the closure of flagship stores and other one-off expenses, the profit warning stated. As the two biggest mainland players, the turnaround plans of Li ...

  4. Business - Economy - RETAILING

    The not-so-Great Singapore Sale: Mainland shoppers say Hong Kong is better value

    Posted Aug 05th 2014, 03:25am by Bloomberg

    ... it is a little money," Zhu said as he walked empty handed out of the Paragon mall on Orchard Road with his family. Singapore retail goods are about 10 per cent more expensive than in Hong Kong, he ...

  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

    ... in order to have a presence in the key shopping streets. But now, they would rather open shops in new shopping districts if the returns in second-tier streets cannot justify the expensive rents. ...

  6. Business - Companies - RETAILING

    Profit dictates store size at Sa Sa

    Posted Jun 21st 2013, 12:00am by Sandy Li

    ... expenses in Hong Kong rise 23 per cent year on year. Kwok said the company's average rental expenses accounted for 10.4 per cent of total sales, which stood at HK$7.66 billion. The stock fell ... by the economic slowdown on the mainland. To narrow the loss, we will cut about 40 per cent of rental and staff costs by opening smaller stores on the mainland," said chairman Simon Kwok Siu-ming. Sa ...

  7. Business - Companies - RETAILING

    Prada shares sold off on earnings slide for first quarter

    Posted Jun 07th 2014, 01:13am by TIFFANY AP

    ... getting crunched." Selling expenses rose 34 per cent year on year due to rising labour costs and rent expenses. Luxury brands have been facing headwinds as a result of the economic slowdown ...

  8. Business - Economy - RETAILING

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

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

    ... gaining popularity on the mainland, diminishing Hong Kong's appeal as a shopping destination. "At the same time, expensive retail rents have forced some long-established and distinctive ... shops in Shanghai and Hong Kong at the same time, instead of opening a store in Hong Kong first," she said. According to Colliers' Hong Kong retail rental index, retail rents ...

  9. Business - Money - RETAILING

    Tough market in store for ParknShop buyer

    Posted Jul 30th 2013, 12:00am by Ray Chan

    ... who chose to remain anonymous. "The biggest swing factor in purchasing a large mass-market retail chain is whether you can fully control the rental expenses, which should be tightly ... rental costs amid slowing growth in the city's mass-retail market. One observer says Li Ka-shing's ParknShop, with more than 345 outlets in Hong Kong, Macau and the mainland, needs ...

  10. Business - China Business - RETAILING

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

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

    ... 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 ...




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