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  • August 22, 2014
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  1. Property - Hong Kong & China - RETAILING

    Hysan Development ready to seize opportunities in luxury market

    Posted Aug 20th 2014, 05:21am by Yvonne Liu

    ... believes many retailers had expanded too aggressively over the past decade, with "business models based on compound growth of 20 to 30 per cent a year". Over-expansion led to what he ... some established players. The changing environment has also seen US brands become a strong source of demand. "[They] are willing to pay top dollars," Lau said. "In the past, ...

    http://www.scmp.com/property/hong-kong-china/article/1577043/hysan-development-ready-seize-opportunities-luxury-market
  2. Business - Companies - RETAILING

    Shake-up in money transfer business looms with Wal-Mart's new service

    Posted Apr 19th 2014, 01:09am by AP

    ... Associated Press in New York Money transfer shake-up looms with Wal-Mart entry Wal-Mart is delving deeper into financial services at its stores and shaking up the money transfer business ... to US$900 to and from more than 4,000 Wal-Mart stores in the United States. The move could reshape that industry and is likely to set off a pricing battle. Customers can transfer up to US ...

    http://www.scmp.com/business/companies/article/1487618/shake-money-transfer-business-looms-wal-marts-new-service
  3. Business - Companies - RETAILING

    Swiss coffee machine maker is Starbucks' 'secret weapon'

    Posted Aug 07th 2014, 05:29am by BLOOM

    ... Bloomberg in Weggis, Switzerland US chain's 'secret weapon' is the automatic models made by Swiss firm Thermoplan as it intensifies its charge on China and Asia-Pacific ... to drive their business. A free-trade accord between Switzerland and China and the rising popularity of creamy coffee drinks in the Asian giant, with China set to become Starbucks' biggest ...

    http://www.scmp.com/business/companies/article/1567886/swiss-coffee-machine-maker-starbucks-secret-weapon
  4. Business - China Business - RETAILING

    Sportswear firm Li-Ning sees first-half loss soar 218pc

    Posted Aug 14th 2014, 10:07am by TIFFANY AP

    ... "First in the clearance stage you're focusing on cash flow, not profit," Kim said. "Then in the second stage, because you brought down the size of the business, your scale ... total revenue. "The loss was primarily due to the investment in retail and marketing, which obviously will contribute to the business in time," Kim said. Staff costs and store rental ...

    http://www.scmp.com/business/china-business/article/1573346/transformation-plan-extends-li-nings-losses
  5. Business - Companies - RETAILING

    Giordano net profit falls as clothing fails to impress

    Posted Aug 15th 2014, 01:09am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Casual clothing company sees signs of recovery after modifying range amid declines in attributable income and sales in the first half Giordano net profit drops to HK$174 m Homegrown casual wear brand Giordano's profits ...

    http://www.scmp.com/business/companies/article/1573836/giordano-net-profit-falls-clothing-fails-impress
  6. Business - China Business - RETAILING

    Anta first to break away from loss-making Chinese sportswear pack

    Posted Aug 08th 2014, 03:27pm by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Despite Anta's return to profitability, a full recovery at competing brands may prove elusive Sportswear firms' face uncertain times on mainland Investors cheered this week as Anta, the mainland's largest spor ...

    http://www.scmp.com/business/china-business/article/1569186/anta-first-break-away-loss-making-chinese-sportswear-pack
  7. Business - China Business - RETAILING

    Duty-free shopping surges in popularity in China

    Posted Jul 28th 2014, 04:26am by Celine Sun

    ... shops booming on the mainland While luxury sales growth on the mainland is slowing down, business at domestic duty-free shops is entering a golden age. In September, the world's largest ... the only operator authorised to run duty-free businesses nationwide, and it generates about 40 per cent of all industry revenues. Smaller player Sunrise Duty Free operates shops in Beijing ...

    http://www.scmp.com/business/china-business/article/1560734/duty-free-shopping-surges-popularity-china
  8. Business - Economy - RETAILING

    The not-so-Great Singapore Sale: Mainland shoppers say Hong Kong is better value

    Posted Aug 05th 2014, 03:25am by Bloomberg

    ... Bloomberg in Singapore Mainland Chinese shoppers discover how a strong dollar, labour costs and a sales tax in the city state mean it's cheaper to go to Hong Kong Retailers billed it as the Great Singapore Sale. Chinese tourist Zhu Liang bought into ...

    http://www.scmp.com/business/economy/article/1566514/mainland-chinese-shoppers-give-singapore-sales-thumbs-down
  9. Property - Hong Kong & China - RETAILING

    Taubman Asia investing US$600m in new shopping centres

    Posted Jul 09th 2014, 05:02am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Shopping centres in mainland cities Xian and Zhengzhou to benefit from 40 per cent of budget Taubman Asia investing US$600m in new malls Taubman Asia, a subsidiary of US mall operator Taubman Centers, has committed US$600 million to projects in Asia, with 40 per cent of that investment earmarked for mainland ventures. The company has formed ...

    http://www.scmp.com/property/hong-kong-china/article/1549702/taubman-asia-investing-us600m-new-shopping-centres
  10. Business - Companies - RETAILING

    Swatch Group voices concerns over uncertain Hong Kong outlook

    Posted Jul 23rd 2014, 01:33am by Reuters

    ... currencies in July and we expect that trend to continue in the second half," Hayek said. He said demand in Europe was still sluggish, but the US and Japan were robust. The mainland also picked ...

    http://www.scmp.com/business/companies/article/1557380/swatch-group-voices-concerns-over-uncertain-hong-kong-outlook

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