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  • November 27, 2014
  • Last updated: 4:20am
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  1. News - Hong Kong - ECONOMY

    Launch of iPhone 6 sees Hong Kong retail sales rise by 4.8pc in September

    Posted Nov 03rd 2014, 07:47pm by Phila Siu

    ... Phila Siu phila.siu@scmp.com Year-on-year figures for September boosted by smartphone surge, but doubts over economy remain amid warnings on effects of Occupy iPhone 6 launch sees retail sales increase by 4.8 pc The launch of the iPhone 6 pushed Hong Kong's overall retail sales in September up 4.8 per cent year on year, the biggest growth since January, although questions ...

    http://www.scmp.com/news/hong-kong/article/1631278/retail-sales-well-year-year-september-thanks-iphone-6-launch
  2. News - Hong Kong - BUSINESS

    Retail sales crash 40pc over holiday period, says management group poll

    Posted Oct 07th 2014, 04:02am by STA FF REPORTERS

    ... Staff Reporters Decline blamed on fewer mainland tourists and Occupy Central protests in key shopping districts, says management group survey Retail sales slump 40 pc over holiday period Retail sales in Hong Kong fell by up to 40 per cent during the National Day holidays- the first drop since the city opened its doors to individual mainland travellers in 2003. Retailers reported ...

    http://www.scmp.com/news/hong-kong/article/1610983/retail-sales-crash-40pc-over-holiday-period-says-management-group
  3. News - Hong Kong - OCCUPY CENTRAL

    Occupy Central adds to retailers’ woes after months of dismal sales

    Posted Sep 29th 2014, 10:32pm

    ... on Monday, businesses that opened complained sales had plunged. The slow trade has raised alarm among traders already hit by a slowdown in retail sales and the prospect that the “golden week” ... an occupied section of Nathan Road. But a luxury watch retailer based within 100 metres of the sit-in was undeterred by the protests and chose to open as usual. “I am not scared at all. If anyone ...

    http://www.scmp.com/news/hong-kong/article/1604139/occupy-central-adds-retailers-woes-after-months-dismal-sales
  4. News - Hong Kong - RETAIL SALES

    Hong Kong retailers' expectations low for National Day holiday

    Posted Sep 27th 2014, 04:21am by AMY NIP AND HE HUIFENG

    ... Amy Nip and He Huifeng Slowing growth in mainland visitors and decline in purchasing power set to put damper on sales Retailers expect subdued 'golden week' shopping Retailers ... and a continuing decline in their spending, the Hong Kong Retail Management Association is forecasting less-than-glittering results. "Individual member companies independently recorded single-digit ...

    http://www.scmp.com/news/hong-kong/article/1601303/hong-kong-retailers-expectations-low-national-day-holiday
  5. News - Hong Kong - ECONOMY

    Retailers seek to keep watch sales ticking amid slowdown

    Posted Sep 04th 2014, 03:51am by Amy Nip

    ... Amy Nip amy.nip@scmp.com Hit by crackdowns on graft and extravagance on the mainland, firms look to new strategies to fight decline in luxury sales as fair opens Retailers seek to keep watch sales ticking Concentrating on bigger outlets, looking to the mid-priced market and opening stores away from tourist areas are among the strategies being employed by watch retailers amid ...

    http://www.scmp.com/news/hong-kong/article/1584641/retailers-seek-keep-watch-sales-ticking-amid-slowdown
  6. News - Hong Kong - ECONOMY

    Hong Kong retail sales slump by 3.1pc in July as consumers scrimp on luxury

    Posted Aug 28th 2014, 05:54pm by Amy Nip

    ... Amy Nip amy.nip@scmp.com Takings for last month were down 3.1pc on last year as mainland graft drive continued to bite Retail sales still gloomy despite summer holiday The summer holidays brought no relief for hard-pressed shopkeepers as retail sales declined for the sixth consecutive month- and retailers see no relief in sight until winter. Total sales were down 3.1 per cent ...

    http://www.scmp.com/news/hong-kong/article/1581472/hong-kong-retail-sales-slump-31pc-july-consumers-scrimp-luxury
  7. News - Hong Kong - BUSINESS

    Insurance may cover any losses by retailers during Occupy Central

    Posted Aug 29th 2014, 12:11am by Enoch Yiu, TIFFANY AP

    ... Enoch Yiu and Tiffany Ap Insurance may cover any lossesby retailers Some retailers and hotel groups will be covered by insurance against potential business losses should large protests ... the compensation of the business interruption insurance. However, if the event results in a sort of riot, such as some people smashing the windows of retail shops and the companies could not be open ...

    http://www.scmp.com/business/economy/article/1581568/insurance-may-cover-any-losses-retailers-during-occupy-central
  8. News - World - UNITED STATES

    Home Depot faces at least 44 lawsuits over massive data breach

    Posted Nov 26th 2014, 04:56am by AP

    ... that affected 56 million debit and credit cards. The biggest home improvement retailer in the US said in a regulatory filing that several state and federal agencies were also looking into the data ... US$6 million after insurance. The Atlanta-based retailer disclosed the months-long breach of data in September. It has said that the hackers initially accessed its network in April ...

    http://www.scmp.com/news/world/article/1648923/home-depot-faces-least-44-lawsuits-over-massive-data-breach
  9. Comment - Insight & Opinion - JAKE'S VIEW

    'Grim' retail sales index tells only fraction of story

    Posted Aug 03rd 2014, 04:25am by Jake Van Der Kamp

    ... Jake van der Kamp Don't panic, retail sales index doesn't tell whole story The grim performance of Hong Kong's retail sales continued in June, producing the worst first-half ... The retail sales survey that goes into making up the retail sales index covers only 31 per cent of retail sales in Hong Kong. That's right, fewer than one-third of total retail sales. It used ...

    http://www.scmp.com/comment/insight-opinion/article/1565124/grim-retail-sales-index-tells-only-fraction-story
  10. News - Hong Kong - ECONOMY

    Slide in Hong Kong’s retail sales continues in June with 6.9pc drop

    Posted Jul 31st 2014, 11:36pm by Amy Nip

    ... Amy Nip amy.nip@scmp.com Mainland corruption crackdown blamed for falling demand at Hong Kong's high-end shops Slide in city's retail sales continues with 6.9pc drop The grim performance of Hong Kong's retail sales continued in June, producing the worst first-half showing since 2009. The government's monthly statistics released yesterday showed that sales revenue ...

    http://www.scmp.com/news/hong-kong/article/1563784/slide-citys-retail-sales-continued-june-69pc-drop

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