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  • July 25, 2014
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  1. Lifestyle - Fashion & Watches

    J. Crew CEO Millard Drexler explains why the retailer is expanding into Asia

    Posted May 19th 2014, 09:21am by Jing Zhang

    ... be the city's biggest fashion retail opening this year- when J. Crew's stores finally launch in Hong Kong. After successfully testing the market in a partnership with Lane Crawford that began ... locations." News came in March that talks with Japanese company Fast Retailing (which owns Japanese high street giant Uniqlo and US labels Theory and J Brand) to acquire the brand from its private ...

    http://www.scmp.com/lifestyle/fashion-watches/article/1513556/j-crew-ceo-millard-drexler-explains-why-retailer-expanding
  2. 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 ...

    http://www.scmp.com/business/money/stock-talk/article/1029188/market-opener-chinese-retailers-hotels-focus-beijing-mulls
  3. Lifestyle - Fashion & Watches

    'Curated retail' stores are proving popular, but many face high rents

    Posted May 12th 2014, 09:57am by Abid Rahman

    ... Abid Rahman life@scmp.com As Hong Kong's shopping malls evolve into small cities, compact, design-led 'curated retail' outlets areon the rise, writes Abid Rahman Close circle of trends Hong Kong's position as one of the world's top shopping destinations is rarely questioned and, with the rapacious development of more retail space, the city's ...

    http://www.scmp.com/lifestyle/fashion-watches/article/1508343/curated-retail-stores-are-proving-popular-many-face-high
  4. Business - Companies - RETAILING

    Rich pay, rich clients, but luxury retail jobs go begging

    Posted May 09th 2014, 11:10am by TIFFANY AP

    ... glamorous- but in Hong Kong even the world's most famous fashion houses are struggling to recruit and retain retail staff. Despite enticing pay cheques, with junior sales associates earning as much as HK$50,000 a month, working in retail is viewed as a young person's game, with little prestige, difficult clientele and shift work. Meanwhile, the demand for luxury goods from ...

    http://www.scmp.com/business/companies/article/1508134/rich-pay-rich-clients-luxury-retail-jobs-go-begging
  5. Business - China Business - LISTINGS

    Retail investors wary of fresh flood of IPOs

    Posted May 07th 2014, 11:48am by Daniel Ren

    ... Daniel Ren in Shanghai ren.wei@scmp.com Outlook for listing market remains bleak amid fears of a flood of new share sales, despite regulator's assurances of tighter procedures Retail ... an economy weighed down by sclerotic state-owned entities. But not all market participants are enamoured of public share sales. "IPOs are evil," said Gan Hua, a disgruntled retail investor. ...

    http://www.scmp.com/business/china-business/article/1506495/retail-investors-wary-fresh-flood-ipos
  6. Business - Companies - RETAIL

    Labour Day holiday unlikely to have boosted retail sales in Hong Kong

    Posted May 03rd 2014, 04:00am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Bad weather and anti-mainlander sentiment blamed for expected poor holiday retail sales Little hope for Labour Day sales boost The long Labour Day weekend holiday is unlikely to boost retail sales figures in Hong Kong, which fell 1.3 per cent in March, the second consecutive month of contraction. Total city-wide retail sales were valued at HK$39.6 ...

    http://www.scmp.com/business/companies/article/1502945/labour-day-holiday-unlikely-have-boosted-retail-sales-hong-kong
  7. News - Hong Kong - CONSERVATION

    Retail giant Wing On lauded over move to ban ivory sales

    Posted Apr 27th 2014, 06:33am by DANNY LEE

    ... Danny Lee danny.lee@scmp.com Animal-rights activists laud Wing On department store chain's decision to kick out tenant engaged in the controversial trade of elephant tusks Retail giant moves to ban ivory sales Retail giant Wing On is banning ivory sales in its stores, in a move hailed as another significant victory in the battle against elephant poaching. The department ...

    http://www.scmp.com/news/hong-kong/article/1497907/retail-giant-wing-lauded-over-move-ban-ivory-sales
  8. News - World - E-COMMERCE

    TV report alleges gruelling working conditions at online German retailer

    Posted Apr 28th 2014, 05:04am by AFP

    ... Agence France-Presse in Frankfurt TV journalist worked undercover at Zalando, which denies charges and sues reporter Tough conditions alleged at online German retailer Zalando, a rising European online retailer, has hit controversy in its home country of Germany after an undercover television report claimed gruelling work conditions in one of its logistics centres. A TV journalist ...

    http://www.scmp.com/news/world/article/1498377/tv-report-alleges-gruelling-working-conditions-online-german-retailer
  9. Property - Hong Kong & China - COMMERCIAL

    Landlords forced to lower asking rents as mainland tourist spending falls

    Posted Jul 09th 2014, 05:02am by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Decline in number of big-spending mainland tourists has hit sales of luxury goods, forcing owners to be more realistic in their rent demands Retail landlords rein in giddy asking rents Property investors who bulked up their retail portfolios in recent years have found themselves on the wrong end of a bet on mainland shoppers driving a sustained boom ...

    http://www.scmp.com/property/hong-kong-china/article/1549705/landlords-forced-lower-asking-rents-mainland-tourist

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