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  • August 29, 2014
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  1. Business - Money

    Market Opener: Chinese retailers, hotels in focus as Beijing mulls boosting consumption

    Posted Sep 04th 2012, 08:04am by Jeanny Yu

    ... Jeanny Yu Chinese retailers, car makers and food and beverage producers may see near-term upside after  news reports that Beijing has drafted a new plan to sharply boost domestic consumption. Shanghai Security News said on Tuesday that China is drafting a five-year plan, aiming to boost overall retail sales of so-called social consumption products by 80 per cent to 32 trillion ...

  2. Business - Companies - PROPERTY

    Mainland shopping mall developer CDG Retail defies economic downturn

    Posted Sep 25th 2012, 12:00am by Daniel Ren

    ... Daniel Ren in Shanghai ren.wei@scmp.com CDG Retail confident of mainland market, backed by strong consumer demand and expansion of local and foreign retailers Shopping centre developer defies economic downturn The slowdown in the mainland's economy has not stopped CDG Retail, a retail-focused developer and asset manager, from building more shopping centres ...

  3. Business - Money

    Esprit shares plunge on rights issue

    Posted Oct 24th 2012, 10:35am by SCMP

    ... STAFF REPORTER Shares in Hong Kong clothing retailer were down 15.9 per cent in early trade on Wednesday on the company’s plans to raise about HK$5.2 billion through a rights issue as part of a transformation plan to revive the brand. To restore the brand's leading position, the company launched a massive transformation plan to improve product quality and design, reduce production lead ...

  4. Business - Companies - EARNINGS

    Giordano sales fall 5pc as consumer demand weakens

    Posted Nov 01st 2012, 12:00am by Celine Sun

    ... Celine Sun in Beijing celine.sun@scmp.com Casual wear retailer sees gross profit drop 4pc on 5pc revenue dip, sparking sell-off in shares Giordano sales fall as consumer demand weakens ... The clothing retailer said sales for the three months to September fell to HK$1.27 billion from HK$1.33 billion a year earlier. Gross profit dropped 4 per cent to HK$733 million. For the first nine ...

  5. Business - Money - RETAILING

    Cross-border influx 'not likely to give big lift' to retail sales

    Posted Aug 31st 2012, 12:00am by Anita Lam

    ... Anita Lam anita.lam@scmp.com New entry rules could mean some growth but also drive out big spenders, industry group says Cross-border influx 'not likely to lift' retail sales Hong Kong retailers suffered their worst performance in three years last month, with an influx of mainland shoppers expected to do little to ease the malaise. The value of retail sales grew ...

  6. Investors snap up grade B space

    Posted Mar 07th 2012, 12:00am

    ... Yvonne Liu yvonne.liu@scmp.com Easier access to credit has brought property investors back to the market in search of retail stores in non-prime locations and grade B offices. 'The ... of the investment department at property consultancy DTZ. But retail stores in prime locations and grade A offices are no longer being targeted by investors. 'They are now looking for retail properties ...

  7. Business - Companies

    Samsonite interim profits hit record, powered by travel demand, Asia and North America

    Posted Aug 28th 2012, 01:05pm

    ... EARNINGS  US luggage maker Samsonite on Tuesday posted record first-half sales, boosted by strong global travel demand as well as growth in Asia and North America. The firm, which makes suitcases, casual bags and other travel products, said profit for the ...

  8. News - Hong Kong - Cityseen

    Cults- fashion and religious- collide as hipster boutique opens pop-up store

    Posted Aug 21st 2012, 12:00am

    ... Victoria Kung victoria.kung@scmp.com Cults- fashion and religious- collide as hipster boutique opens pop-up store It was hipster central on Wan Chai's Sun Street when eclectic boutique Kapok hosted a party to celebrate the launch of its collaboration ...

  9. E-stores unlock a wider world

    Posted Feb 29th 2012, 12:00am

    ... the flesh' whether it will be the right fit, either for your figure or your living room? People are doing both. Shopping online for household kit is the retail story of our time, and it's far bigger than home-delivered groceries. 'Shopping online is about to explode,' Forbes reported last year, adding that retailers were expanding their product range, offering incentives ...

  10. Business - Economy - RETAIL

    Slower but sure growth ahead for retail property

    Posted Dec 29th 2012, 12:00am by Paggie Leung

    ... Paggie Leung paggie.leung@scmp.com Slower but sure growth ahead for retail property Growth in retail property rents and prices will slow next year, according to landlords and analysts, but the sector will outperform other property types. "Global economic uncertainties are likely to continue to affect markets in China and Hong Kong in 2013. The slowdown in growth of local retail ...




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