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  1. Business - Companies - EARNINGS

    L'Occitane on track to reach store expansion target

    Posted Nov 28th 2012, 12:00am by Eric Ng

    ... (HK$338.1 million) for the six months to September. Sales grew 21.9 per cent to €449.2 million. Citi analyst Catherine Lim said she expected flat interim profit growth in a recent research report, citing higher tax expense. Sales are typically skewed towards the second half, with the Christmas-shopping-heavy October-December quarter accounting for 40 per cent of annual sales and 22 per ...

    http://www.scmp.com/business/companies/article/1092540/loccitane-track-reach-store-expansion-target
  2. Business - China Business - EARNINGS

    Li Ning falls on warning of big full-year losses

    Posted Dec 18th 2012, 12:00am by Celine Sun

    ... full-year loss and announcing a 1.8 billion yuan (HK$2.2 billion) plan to restructure sales channels. The Beijing-based company said in a filing yesterday that the profit this year would "have ... inventories from key distributors, rationalise their sales network, and give them other financial help. Li Ning stock lost 5.5 per cent before closing at HK$4.70, down 3.89 per cent, yesterday. ...

    http://www.scmp.com/business/china-business/article/1107261/li-ning-falls-warning-big-full-year-losses
  3. Property - Hong Kong & China - RETAILING

    Global brands pause as store sales growth slows on China

    Posted Apr 10th 2013, 12:00am by Yvonne Liu

    ... as retail sales growth slows Global brands have scaled back their expansion plans on the mainland due to slowing growth in retail sales. "Luxury brands turned cautious on expansion in first-tier cities in the first quarter," said Thomas Lam, head of research for Greater China at property consultancy Knight Frank. While total retail sales volumes stayed strong in the first ...

    http://www.scmp.com/property/hong-kong-china/article/1210908/global-brands-pause-store-sales-growth-slows-china
  4. Business - China Business - RETAIL

    Retailer Stelux eyes dealmakers to turn around China business

    Posted Dec 04th 2012, 12:00am by Ray Chan

    ... in Lenovo's acquisition of IBM's personal computer and laptop business in 2005. Wong said the recent slowing in sales on the mainland should be "cyclical" and should improve ... fallen to 93 from 101 from March this year, reflecting the tough operating conditions in all the major cities such as Guangdong, Shanghai and Beijing. Sales in China were little changed at HK$78 ...

    http://www.scmp.com/business/china-business/article/1096840/retailer-stelux-eyes-dealmakers-turn-around-china-business
  5. New products and sales growth help lift Techtronic profit 50.7pc

    Posted Mar 26th 2011, 12:00am by Denise Tsang

    ... The manufacturing relocation to its Dongguan production hub, which was completed last year, meant a global headcount reduction of 22.1 per cent to 18,444 employees from 2007. Sales, however, jumped 6.4 per cent over the three years. The group sought to have 'high single-digit' sales growth in each of the next three years, Galli said. After ploughing US$65 million into research ...

    http://www.scmp.com/article/742044/new-products-and-sales-growth-help-lift-techtronic-profit-507pc
  6. Huge mainland car sales open up prospects for servicing and repair

    Posted Dec 20th 2010, 12:00am by Anita Lam

    ... Anita Lam Since China overtook the United States as the world's largest car market earlier this year, investors have been competing for a slice of the lucrative after-sales and car servicing and repair market on the mainland. Do Hong Kong workshops stand a chance of benefiting from the booming market? The after-sales market- including car repairs, insurance and accessorising- ...

    http://www.scmp.com/article/733889/huge-mainland-car-sales-open-prospects-servicing-and-repair
  7. Aeon Stores, Giordano see profits surge on strong mainland sales

    Posted Aug 26th 2010, 12:00am by Charlotte So

    ... Charlotte So Stronger retail sales on the mainland and across Asia more than doubled profits at Aeon Stores and Giordano in the first half, and both see solid growth in China ... earlier on a strong recovery in retail sales. Meanwhile, Giordano International, a casual wear retailer, reported its net profit for the first half leaped 320 per cent year-on-year to HK$202 ...

    http://www.scmp.com/article/723153/aeon-stores-giordano-see-profits-surge-strong-mainland-sales
  8. Dickson profit soars despite drop in sales

    Posted Jun 24th 2010, 12:00am by Staff Reporter

    ... relating to licensing rights and lower operating costs. Turnover for the year to March fell 5.3 per cent to HK$3.63 billion, a decline the company attributed to the termination of the sale of Polo ... for the cessation of Dickson's rights to distribute the brand. Chairman Dickson Poon said the discontinuation of the licence had led to a fall in sales and profit, 'but payments received ensure ...

    http://www.scmp.com/article/717975/dickson-profit-soars-despite-drop-sales
  9. Dongfeng eyes bigger market share as first-quarter sales jump 78pc

    Posted Apr 15th 2010, 12:00am by Eric Ng

    ... to be cautious about overseas acquisitions. The Hubei-based company said it planned to achieve above industry average sales growth this year. Its market share fell from 10.8 per cent in 2008 because of lagging sales growth in commercial vehicles, such as buses and trucks, which were badly affected by the economic slowdown. It had a share of 10.1 per cent in 2007. Dongfeng, which operates joint ...

    http://www.scmp.com/article/711481/dongfeng-eyes-bigger-market-share-first-quarter-sales-jump-78pc
  10. Residential home sales drop as new project launches dry up

    Posted Sep 09th 2009, 12:00am by Staff Reporter

    ... launches. However, analysts expect the market to heat up again when more projects are launched for sale shortly. La Grande Vineyard, developed by Sun Hung Kai Properties in Ngau Tam Mei, Yuen Long, led the weekend sales chart with 16 units sold for between HK$6,800 and HK$9,000 per square foot. The low-density residential project offers 28 villas at about 2,500 to 2,900 square feet, ...

    http://www.scmp.com/article/691942/residential-home-sales-drop-new-project-launches-dry

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