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  • July 14, 2014
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  1. Business - Companies - RETAILING

    Chow Tai Fook's net profit soars 32pc to HK$7.44b on gold buying spree

    Posted Jun 18th 2014, 01:19am by TIFFANY AP

    ... margin fell 1.1 points to 27.3 per cent owing to a shift in customers buying more affordable jewellery. The company proposed a final dividend of 19 HK cents per share. Managing director Kent Wong ...

  2. Business - Companies - RETAILING

    Hong Kong supermarkets concerned by slave claims on Thai fishing fleet

    Posted Jun 13th 2014, 05:57am by Benjamin Robertson

    ... markets," said Bill Sims, a managing director at risk advisory group FTI Consulting. "I see no short-term reaction on the part of Japanese investors," and Thailand was well regarded ...

  3. Business - Companies - RETAILING

    Prada shares sold off on earnings slide for first quarter

    Posted Jun 07th 2014, 01:13am by TIFFANY AP

    ... continued opening stores even in the face of slipping productivity," Pinge said. In the first quarter, the group opened 11 stores. The management said its guidance of 80 new retail store ...

  4. Business - Companies - RETAILING

    Luxury brands must embrace digital strategies, industry summit told

    Posted Jun 05th 2014, 05:34am by TIFFANY AP

    ... an online outlook risk losing out altogether on converting the new digital generation into big-spending customers. "You can't avoid it," David Au, managing director for Fung Retail ... better that you be involved and engage with the consumer and manage that conversation." Simon Tye, a luxury analyst for research firm Ipsos said: "Whether we like it or not, our ...

  5. Business - China Business - RETAILING

    Slump in China’s wine market forces shake-out, rethink

    Posted Jun 03rd 2014, 10:41am by Benjamin Robertson

    ... Xavier de Eizaguirre said. A former managing director of winemaker Baron Philippe de Rothschild, de Eizaguirre sees a relative decline in Chinese nouveau riche buying status wines and a growth ...

  6. Business - Companies - RETAILING

    New product lines seeing double-digit growth, says Li Ning CEO

    Posted May 31st 2014, 12:59am by TIFFANY AP

    ... chief executive, management said. Shares in the company yesterday jumped 5.41 per cent, ending at HK$5.46, while the Hang Seng Index rose 0.31 per cent. ...

  7. Business - Companies - RETAILING

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

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

    ... projections of the number of tourists in the next few years, "this is just going to get worse", Aloy said. Hays recruitment consultant Eddie Chui, who specialises in hiring managers ... career", resulting in a high attrition rate. At the store manager level, recruitment proves even tougher, despite incomes as high as HK$70,000 a month. Luxury brands are looking for a certain ...

  8. Business - Companies - RETAILING

    Nu Skin urges mainland government to reform rules on direct selling

    Posted May 01st 2014, 01:27am by Daniel Ren

    ... and regulations". Admitting lax management and training led to new hirings' misunderstanding of its sales model and products, Nu Skin wasted no time in asking mainland authorities to review existing ...

  9. Business - Companies - RETAILING

    Dymocks plans growth despite changing habits

    Posted Apr 14th 2014, 05:07am by Denise Tsang

    ... expired, said Jannie Tam, general manager of the joint venture, Dymocks Franchise Systems (China). Fifteen years after its inception in Hong Kong, the internet, smartphones and tablets ...

  10. 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

    ... 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 ... the marketing manager for Times Square in Causeway Bay, said its food court was the same size following the recent renovation. It still has 10 operators and more than 200 seats. "We would like ...




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