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  1. Business - Companies - RETAILING

    Milan Station shares surge on news of HK retailer's joint venture in Chengdu

    Posted Aug 24th 2012, 12:00am by Celine Sun

    ... Shares of Milan Station surged more than 70 per cent in trading yesterday after the retailer of second-hand luxury handbags said it planned to form a joint venture in Chengdu, Sichuan. Analysts ... But it's too early to see how much this can benefit the retailer, whose profit has been falling since last year." Milan Station said in a filing that it planned to partner with Star Continent ...

  2. CRE expects stimulus to fuel rebound in retail sales

    Posted Mar 26th 2010, 12:00am by Denise Tsang

    ... during the first two months of the year, while the 128 outlets in Hong Kong saw improvement. The economic slowdown hurt the underlying net profit of the group's retail division, which fell ... and spilled into the Lunar New Year in February,' Chen said yesterday. 'The time ahead looks challenging, but we do expect some recovery in retail consumption.' CRE, which operates ...

  3. A new retail experience in HK

    Posted Mar 21st 2009, 12:00am by Staff Reporter

    ... Located at the heart of Tsim Sha Tsui, the new K11 shopping complex on Hanoi Road is expected to give Hong Kong a completely different kind of retail experience. Conceived ... for employees who will be able to identify with the brand and have the ability to help us cultivate a new retail generation in Hong Kong,' Mr Cheng said. 'New hires should be open-minded, ...

  4. Clothing retailer to dress up China stores

    Posted May 09th 2005, 12:00am by Staff Reporter

    ... Esprit, as a foreign brand, had to reinforce its position as a market leader in China after seeing rivals pump huge resources into retail facilities nationwide. 'A lot of retailers from ... to strong growth in Europe- source of 85 per cent of its revenue- and currency gains from the surging euro. Esprit has 620 directly managed retail stores and sells its products through more than ...

  5. Cheung Kong offloads $3.4b retail assets to Singapore reit

    Posted Mar 25th 2005, 12:00am by Staff Reporter

    ... billion disposal to rationalise its balance sheet, is offloading more second-tier retail properties that will be bought by the developer's Singapore-listed real estate investment trust (reit). Fortune Reit, in which Cheung Kong has a 30 per cent stake, yesterday said it would acquire six Hong Kong retail properties partly or fully owned by the conglomerate. The deal, ...

  6. Competition sees retailers crumble

    Posted May 04th 2005, 12:00am by Mark O'Neill

    ... Carrefour leads the charge, making sure it caters to local tastes, writes Mark O'Neill in Shanghai A surplus of retailers in Shanghai has grown so severe that almost 600 convenience ... a torrent of expansion: this year, Wal-Mart and Carrefour each plans to open 15 outlets and Metro 10. The risk is that the retail sector will follow cars, consumer electronics and other industries ...

  7. Top banks chase small clothing retailer's listing mandate

    Posted Oct 11th 2004, 12:00am by Staff Reporter

    ... fierce competition for their listing mandate, but at least five investment bankers bid for the fashion retailer's upcoming HK$400 million initial public offering. The reason: the deal- like ... and Morgan Stanley. CLSA came out the winner. The Hong Kong-based fashion retailer aims to float on the Hong Kong stock exchange in the first quarter of next year, in a deal expected to generate ...

  8. Stocks dip as weak US retail data dulls mood

    Posted Apr 15th 2005, 12:00am by Staff Reporter

    ... Anette Jonsson Falling commodity prices and Wall St blues weigh in but brokers see positive signs from local luxury property sector Stocks declined yesterday in response to weak United States retail sales data and falling commodity prices, suggesting Wednesday's strong performance might have been a mere blip. However, brokers blamed the setback on the negative price action ...

  9. Bailian winning the retail race

    Posted May 05th 2004, 12:00am by Elaine Chan

    ... Elaine Chan Wang Zongnan moves fast to secure his turf as he prepares for foreign competition The president of Bailian, China's biggest retail group, is a man in a hurry. Wang Zongnan says he has quickened his pace from a jog to a sprint, as he leads a corporate team controlling the mainland's biggest retail groups, including Hong Kong-listed Shanghai Lianhua ...

  10. Retailers rush to tap market for $2b

    Posted Mar 15th 2004, 12:00am by Sandy Li

    ... Sandy Li Candidates join Sogo for second-half listings as the sector regains investor favour More retailers- ranging from sportswear firms to dealers in health-related consumer goods- ... appetite for new shares remains strong. Interest in retail stocks has been revived with Hong Kong becoming a favourite shopping destination among mainlanders, who can now use yuan credit cards ...




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