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  • November 29, 2014
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  1. Business - China Business

    Gloom surrounds department store stocks

    Posted Dec 10th 2013, 02:56am by Charlotte So

    ... due to competition and the shift of shoppers to other retailers. Fitch rated the outlook for the mainland's department stores next year as negative yesterday despite an anticipated mild acceleration in retail sales growth. It cited fierce competition, increasing consumer preference for other retail formats and the shifting of growth to lower-tier cities. Shares in Parkson Retail fell ...

  2. Business - China Business - E-COMMERCE

    Alibaba and Haier in online tie-up

    Posted Dec 10th 2013, 02:56am by Charlotte So

    ... or other e-retailers, because they don't want to miss out on the e-commerce boom in China," said Stanley Chan, vice-president and head of Hong Kong and China consumer research at Religare ... the gap between its logistics network and that of rival JD.com the largest e-retailer for computer, communications and consumer electronic products on the mainland. On Singles Day, November 11, ...

  3. Business - Companies - RETAILING

    Cosmetics market yet to reach peak, says Sa Sa

    Posted Dec 11th 2013, 05:05am by Charlotte So

    ... Charlotte So charlotte.so@scmp.com Cosmetics market yet to reach peak, says Sa Sa Sa Sa International, the largest cosmetic retailer in the Asia-Pacific, says the Hong Kong market has yet ... Kong-Zhuhai-Macau bridge in 2016 would bring more mainland tourists to Hong Kong and stimulate retail sales in the city. The mainland market accounts for 5 per cent of Sa Sa's sales. Kwok said ...

  4. Business - China Business

    Looser customs to benefit luxury goods

    Posted Dec 16th 2013, 04:28am by Charlotte So

    ... to retail outlets- a practice adopted by many other countries. Under such a system, the Entry-Exit Inspection and Quarantine Bureau could still conduct a test at any time and the firm concerned ...

  5. Business - China Business - EARNINGS

    China Resources profit falls 19pc amid rising costs

    Posted Nov 15th 2013, 03:10am by Charlotte So

    ... Charlotte So charlotte.so@scmp.com China Resources profit falls 19pc amid rising costs Mainland retailer China Resources Enterprise's net profit fell by nearly a fifth even as sales grew in the third quarter as rising labour costs dented margins. The operator of more than 4,500 retail stores and distributor of the most popular beer brand on the mainland, Snow, saw its net ...

  6. Business - Companies - LISTINGS

    Kerry Logistics gears up for mainland e-commerce surge

    Posted Dec 06th 2013, 05:09am by Charlotte So

    ... Charlotte So charlotte.so@scmp.com Aside from opportunities across the border, the company is banking on rising trade with Asean countries as it opens its HK share offering Kerry Logistics gears up for mainland e-commerce surge Kerry Logistics Network said yesterday that it will expand its operations to serve online retailers on the mainland as the country moves to end the year ...

  7. Business - Companies - LOGISTICS

    Online shopping a big boost to air cargo industry, FedEx says

    Posted Nov 06th 2013, 04:54am by Charlotte So

    ... items in order to better spread their gift budget, according to the Washington-based National Retail Federation. This year will be the first in which FedEx's busiest day will coincide with Cyber Monday, the first Monday after Thanksgiving Day when online retailers cut prices for technology products. Cathay Pacific Airways said it had put on a number of extra flights and charters ...

  8. Business - China Business - TARIFFS

    China eyes Sri Lankan free-trade deal

    Posted Sep 16th 2013, 12:00am by Charlotte So, Anita Lam

    ... in Sri Lanka is on a par with that in India, but a little lower than costs in Vietnam and Indonesia. Omar is looking to persuade Hong Kong fashion retailers to outsource their production to Sri ...

  9. News - Hong Kong - AVIATION

    Cathay and Dragonair dumping hot meals in favour of sandwiches

    Posted Jan 17th 2013, 12:00am by Charlotte So

    ... meals with sandwiches not only allows carriers to cut costs, it also generates income. Shorter serving times means cabin crew can focus more time and energy on inflight retailing, a lucrative ...

  10. DBA Telecoms retail offering soaks up $9.4b

    Posted May 03rd 2006, 12:00am by Charlotte So

    ... offer mania, the small offer soaked up at least $9.48 billion in its retail tranche, which comprised just 25 million shares at $1.26 each before a clawback. Shares allocated to retail investors ... to US$319.7 million from US$279 million. Shares in the mainland's only major oil port operator, oversubscribed 850 times in the retail tranche, soared 67.96 per cent on Friday from an offer price ...




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