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  • September 17, 2014
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Results 1 - 10 of 93 for tourism in hong kong

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  1. Property - Hong Kong & China - RETAIL

    Retail rents cut as landlords fight to keep tenants

    Posted Sep 11th 2014, 06:01am by Peggy Sito

    ... Landlords of Hong Kong retail properties have been making substantial concessions in asking rents as sales of luxury products, including fashion, watches and jewellery, continue to cool, according ... double-digit declines, said Kevin Lam, DTZ's head of business space, Hong Kong. Most of the leasing transactions done in recent months either maintained the rental level of the previous contract ...

    http://www.scmp.com/property/hong-kong-china/article/1589635/retail-rents-cut-landlords-fight-keep-tenants
  2. Business - Economy - RETAIL

    Hong Kong year-on-year retail sales show 4.1 per cent drop for May

    Posted Jul 03rd 2014, 11:47pm by TIFFANY AP

    ... for third month Hong Kong's retail sales fell 4.1 per cent year on year in May, the third straight month of shrinking consumer spending exclusing the Lunar New Year month of Feburary, ... sales fell 0.2 per cent compared with the same period last year.  Although the high base from last year's gold buying spree was one reason for the dismal May figure, Hong Kong Retail ...

    http://www.scmp.com/business/economy/article/1546132/hong-kong-year-year-retail-sales-show-41-cent-drop-may
  3. Business - Companies - RETAIL

    Bonjour sells 19 beauty salons

    Posted Aug 21st 2014, 11:58am by Enoch Yiu

    ... announced by Bonjour on Wednesday night, expected to result in an unaudited accounting gain of about HK$420 million for the Hong Kong-listed cosmetic retailer. Under the agreement, Bonjour will sell its subsidiary Bonjour Beauty International, which holds eight firms operating 19 beauty and health salons under the About Beauty, Dr Protalk and Top Comfort brands in Hong Kong, Macau ...

    http://www.scmp.com/business/companies/article/1578351/bonjour-sells-19-beauty-salons
  4. Business - Companies - RETAIL

    China Resources expects drop in profitability after acquisition of Tesco stores

    Posted Aug 21st 2014, 01:40pm by TIFFANY AP

    ... At 1.30pm, shares of CRE had fallen 1.46 per cent to HK$23.60. An interim dividend of 11 HK cents per share was recommended. Daiwa Capital Markets Hong Kong analyst Anson Chan said: “The loss ...

    http://www.scmp.com/business/companies/article/1578394/china-resources-expects-drop-profitability-after-acquisition
  5. Property - Hong Kong & China - RETAIL

    Hong Kong retail rent growth seen at 5pc this year, says consultancy

    Posted May 01st 2013, 12:00am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Store rents forecast to rise 5pc this year Retail rents in Hong Kong are expected to grow at a more moderate pace of about five per cent this year, says ... and international brands, resulting in higher sales and growing demand for store locations in the emerging shopping districts. Tom Gaffney, head of retail at Jones Lang LaSalle Hong Kong, said: "While ...

    http://www.scmp.com/property/hong-kong-china/article/1226923/hong-kong-retail-rent-growth-seen-5pc-year-says-consultancy
  6. Property - Hong Kong & China - RETAIL

    Royal Selangor Pewter not deterred by high Hong Kong rent levels

    Posted Oct 02nd 2013, 12:00am by Peggy Sito

    ... to statistics released by the Hong Kong Tourism Board. But while visitor numbers continue to grow strongly, the amount spent by the tourists on super-luxury items has slowed, according to a report ... mettle for hot Hong Kong market Hong Kong's shop rents are high, but international retailers are willing to pay a premium to secure a foothold in the market, according to Chen Tien Yue, ...

    http://www.scmp.com/property/hong-kong-china/article/1322258/royal-selangor-pewter-not-deterred-high-hong-kong-rent
  7. News - Hong Kong - RETAIL

    Hong Kong jewellers fear shine taken off 'golden week' this year

    Posted May 02nd 2014, 03:39am by Amy Nip, SHIRLEY ZHAO

    ... to spend big in the city. Gold businesses are particularly downbeat, despite an Immigration Department forecast that Hong Kong will welcome 4.89 million visitors from May 1 to 6, a tenth more than ... store in Tsim Sha Tsui, Ren Tao of Shenzhen was queueing with his girlfriend. The third-time visitor to Hong Kong said he was in the city for only one day- but planned to splash out HK$40,000 ...

    http://www.scmp.com/news/hong-kong/article/1501943/hong-kong-jewellers-fear-shine-taken-golden-week-year
  8. Business - Companies - RETAIL

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

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

    ... 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 ... but was a far cry from the 13.9 per cent growth that the same period in 2013 saw over that of 2012. Hong Kong Retail Management Association chairwoman Caroline Mak Sui-king called the results shocking, ...

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

    'New law no contest for supermarkets' power'

    Posted Jun 13th 2014, 04:48am by Amy Nip

    ... professor at the University of Hong Kong, said it was acceptable for suppliers to recommend a retail price. However, if retailers were refused supply if they did not comply, it would be problematic ... of the city's two biggest supermarket chains, ParknShop, said the company believed in a level playing field for the retail sector. "ParknShop is just only one of the many channels in Hong Kong ...

    http://www.scmp.com/news/hong-kong/article/1531053/new-law-no-contest-supermarkets-power
  10. News - Hong Kong - RETAIL

    Catering to local consumers, 759Store chain ploughs ahead despite worries over visitor number cuts

    Posted Jun 13th 2014, 04:48am by Amy Nip

    ... Amy Nip amy.nip@scmp.com With emphasis on locals not tourists, empire is growing fast, with new health and beauty retail chain and udon and wonton noodle restaurants Has 759 boss got market figured? The 759Store will power ahead with a plan to open 13 mor ...

    http://www.scmp.com/news/hong-kong/article/1531003/has-759-boss-got-market-figured

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