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  1. Fortress drags on retailing earnings

    Posted Aug 22nd 2003, 12:00am by Ben Kwok, Sandy Li

    ... First-half earnings rose for the retail and manufacturing division of Hutchison Whampoa, but the result was below expectations, in part due to a write-down in inventory at electronics retailer Fortress. Earnings before interest and tax (ebit) jumped 94.48 per cent to $599 million. Turnover climbed 79.36 per cent to $29.35 billion, making retail the group's biggest ...

  2. Cheung Kong plans $10b bond

    Posted Oct 06th 2003, 12:00am by Ben Kwok

    ... Offering will tap HK punters' thirst for high-yield instruments Cheung Kong (Holdings) is set to announce a $10 billion multi-currency retail bond programme that aims to tap local ... that will kick-start the programme this month. 'This is the first such programme of its kind in Asia and is responding to retail investors desire to tap a variety of investment tools,' the source ...

  3. Lai See

    Posted Oct 15th 2009, 12:00am by Ben Kwok

    ... of an analyst It probably reflects the volatility of the industry more than the curse of Lai See, but a week after we praised retail analyst Selina Sia for correctly predicting that the merger between ... the retail sector, recalled she was asked a few times by former major clients for her views on certain mainland acquisitions and initial public offerings during her cooling-off period. Each time she ...

  4. Wharf sells City Super stake

    Posted Apr 17th 2004, 12:00am by Ben Kwok

    ... company Wheelock sold its retail portfolio. ...

  5. Lai See

    Posted Oct 06th 2009, 12:00am by Ben Kwok

    ... Ben Kwok Two takes for Le Saunda It was not up to the usual standard of disclosure we have come to expect from listed companies. Yesterday morning, Le Saunda Holdings, a Hong Kong-based footwear retailer, announced the disposal of a property for HK$34.6 million without saying where it was located. It was not until a second, supplemental announcement after the market had closed ...

  6. Hired gun cuts it in Hang Lung hierarchy

    Posted Sep 05th 2005, 12:00am by Ben Kwok

    ... Sze-yuen is an unusual hired gun. His last job was an eight-year stint with clothes retailer Giordano, and before that a five-year spell at the listing division of the stock exchange. An accountant ... reckons that his background as a retailer means he feels tenants' pain. 'I want to listen to them. I want to see if there is anything as a landlord we can do for them.' ...

  7. Lai See

    Posted Dec 11th 2008, 12:00am by Ben Kwok

    ... following the footsteps of former Link Reit chairman Paul Cheng Ming-fun, who became the apparel retailer's vice-chairman in July. As his parting gift, Mr Chew agreed to stay past June ... of Bordeaux's famous Chateau Lafite Rothschild, which has fallen 25 per cent since summer. According to the BBC, a case of 12 that would have cost #10,000 (HK$114,500) in July now retails for #7,500. ...

  8. Lai See

    Posted Jun 12th 2009, 12:00am by Ben Kwok

    ... The mainland's largest consumer electronics retail chain has since lost market share to its rivals and will probably take years to return to normal profitability, but UBS makes a case for maintaining its ... by pointing out that its Hong Kong retail-related portfolio has rebounded almost 80 per cent in the same period. Finally, the brokerage said the price of Gome's convertible bond had risen from ...

  9. Lai See

    Posted Jun 11th 2009, 12:00am by Ben Kwok

    ... to do on Monday, when mainland shampoo maker Bawang International and sportswear retailer 361? International kick off their roadshows. Bawang has booked the Island Shangri-La, while 361?will ... girl Chrissie Chau and a couple of Mr Hong Kongs to model their product. He recalled how excited investors became to meet sexy Taiwanese singer Jolin Tsai when another sportswear retailer, Xtep ...

  10. Lai See

    Posted Apr 03rd 2008, 12:00am by Ben Kwok

    ... Dairy Farm Group believes. In a rare show of support for environmental protection, the Jardine retail group chief executives (Wellcome, Mannings, 7-Eleven, IDEA) will launch a 'Little Green Ambassadors' scheme next week by offering environmental teaching kits to pre-school pupils. The four retail chains with more than 1,000 outlets will band together to enhance children's awareness ...




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