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  • April 17, 2014
  • Last updated: 6:29pm
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  1. Property - Hong Kong & China - RETAILING

    Hungry shoppers miss out as malls cut food courts for higher rents

    Posted Apr 07th 2014, 04:39am by Sandy Li

    ... but are gradually being edged out by soaring rents," said Jeanette Chan, the real estate consultancy JLL's regional director for Hong Kong. Chan said mall operators preferred to maximise the space ... its 20,000 sq ft food court recently, and will offer the space to restaurants. Maureen Fung Sau-yim, the general manager of Sun Hung Kai Properties' leasing department, said the opening ...

  2. Property - Hong Kong & China - RETAILING

    Hong Kong property experts call for new tack to lure shoppers

    Posted Apr 07th 2014, 04:39am by Peggy Sito, Sandy Li

    ... Peggy Sito and Sandy Li With competition growing from the region and change in buying behaviour of mainland visitors, the government is urged to increase retail space Property experts call ... growing competition from neighbouring cities and changes in the shopping behaviour of mainland visitors. The government is being urged to increase retail space supply to allow more shopping ...

  3. Business - Companies - RETAILING

    Watchmakers woo women to boost sluggish sales

    Posted Apr 08th 2014, 01:08am by Reuters

    ... little inclination to buy the kind of mechanically complex, multi-functional pieces on which Swiss manufacturers have built their reputation for precision- this kind of engineering needs space ...

  4. Business - Companies - RETAILING

    Daily items top mainland China tourists' Hong Kong shopping list

    Posted Apr 07th 2014, 04:38am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Unlike big spenders, visitors with limited budget go for medicines, milk powder and snacks Daily items top mainland tourists' HK shopping list Medicines and milk powder were at the top of Qiu Lai's shopping list, while red wine took up a lot of the space in Lu Nengche's suitcase after their recent trips to Hong Kong. Qiu, who runs ...

  5. Property - Hong Kong & China - RETAILING

    New Territories malls allocate more space to attract global brands

    Posted Aug 14th 2013, 12:00am by Sandy Li

    ... Sandy Li sandy.li@scmp.com With more young people attracted to the area by lower home prices, brands are likely to follow NT malls allocate larger spaces for global brands Landlords ... numbers at Tsuen Wan Plaza had achieved a "double-digit" growth, said Lam. SHKP hopes to convince more big brand tenants to sign up for space in its Metro Plaza after the renovation, ...

  6. Business - China Business - RETAILING

    Shanghai outlet centre to promote affordable Italian luxury

    Posted Feb 27th 2014, 10:21am by Daniel Ren

    ... expected to cover more than 15,000 square metres of shopping space, is being touted as an attempt to redefine the mainland luxury market. Luxury items are not necessarily bought by the super-rich ... for the developers of large shopping centres. "Commercial streets in downtown areas are reaching saturation point, and the new supply of commercial space will expand to the outskirts of the city," ...

  7. Business - Economy - RETAILING

    Christmas crowds out Lunar New Year shopping, says MasterCard

    Posted Jan 23rd 2014, 01:19am by TIFFANY AP

    ... of e-commerce, Hongkongers still prefer to do their purchases offline for now. Quinlan attributes this to the physical density of the city and good weather. "The US has vast spaces. You don't ...

  8. Property - Hong Kong & China - RETAILING

    Rise of online shopping forces mainland malls into rethink

    Posted Jan 22nd 2014, 04:34am by Peggy Sito

    ... recently had accounted for 20 to 25 per cent of the retail space, was set to increase to between 30 and 40 per cent to retain customers. "You cannot eat online," Hart said. In a report ...

  9. Business - Companies - RETAILING

    Wharf's Chengdu mall set to open

    Posted Dec 17th 2013, 03:22am by Peggy Sito

    ... With a floor space of 210,000 square metres, the shopping centre set to open on January 14 has about 300 stores, mostly international and Hong Kong brands. "Rents at the shopping centre vary. ... mainland project by Wharf. Spanning more than 760,000 square metres, it comprises the shopping centre, two Grade A office buildings with more than 250,000 square metres of floor space ...

  10. Business - Companies - RETAILING

    Shopping with an artistic twist

    Posted Dec 17th 2013, 11:46am by Yvonne Liu

    ... quest for differentiation in the retail market is driven by the fierce competition. Consultancy Knight Frank said 33 and 42 shopping centres with more than 100,000 square metres of space were ...




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