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  • September 30, 2014
  • Last updated: 9:28pm
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Results 1 - 9 of 9 for wei

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  1. Business - Companies - RETAILING

    Nu Skin urges mainland government to reform rules on direct selling

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

    ... Daniel Ren in Shanghai ren.wei@scmp.com Change direct selling rules, says Nu Skin US cosmetics firm Nu Skin Enterprises urged the central government to fine-tune its rules governing direct selling on the mainland as it pledged to strengthen supervision and training of sales staff in the rapidly expanding Chinese consumer market. The Utah-based company, which was fined by mainland ...

  2. Business - China Business - RETAILING

    Shanghai outlet centre to promote affordable Italian luxury

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

    ... Daniel Ren in Shanghai ren.wei@scmp.com Despite mainland crackdown, a property developer is planning a mall in Shanghai devoted to luxury brands, in a bid to redefine the market Upbeat mood on prospects for mainland luxury sector Luxury retail is not the most obvious target sector for mainland shopping centre developers in the wake of the Communist Party's crackdown ...

  3. Business - China Business - RETAILING

    Beijing's anti-corruption drive hits China's luxury market

    Posted Dec 18th 2013, 06:13am by Daniel Ren

    ... Daniel Ren in Shanghai ren.wei@scmp.com The slow growth of high-end items is in stark contrast to general sales, which climbed 13pc Anti-graft drive stifles mainland's luxury market The Communist Party's crackdown on corruption has hit luxury sales on the mainland, with consumption of luxury goods now lagging far behind retail sales growth. According to global consultancy Bain ...

  4. Business - Companies - RETAILING

    Lane Crawford opens flagship China store in Shanghai 7 years after closure

    Posted Oct 10th 2013, 12:00am by Daniel Ren

    ... Daniel Ren in Shanghai ren.wei@scmp.com Retailer returns seven years after quitting the mainland city, and is taking a long-term view Lane Crawford back in Shanghai luxury market Brushing aside concerns about the impact of Beijing's anti-corruption drive on luxury sales, Lane Crawford has re-entered the mainland's commercial capital, Shanghai, opening its flagship store ...

  5. Business - Companies - RETAILING

    China's Gome first-half profit jumps 153pc as it pins hopes on online shop

    Posted Aug 28th 2013, 12:00am by TIFFANY AP

    ... e-commerce business, chief financial officer Fang Wei said, emphasising that the company was focused on profitability and not sales volume. Gome's online business has yet to turn a profit. ...

  6. Business - Companies - RETAILING

    Gome expects earnings to improve

    Posted Jun 11th 2013, 12:00am by Anita Lam

    ... will bring up the proportion of our highly profitable goods from 20 per cent to 30 per cent of overall sales," Gome's chief financial officer Victor Fang Wei said. "With our earlier ...

  7. Business - Companies - RETAILING

    K11 scores with culture of success

    Posted Jul 15th 2013, 12:00am by Daniel Ren

    ... Daniel Ren in Shanghai ren.wei@scmp.com It's worked in HK, and now Shanghai's trendy set are buying the idea of New World's art mall K11 scores with culture of success The driving force behind Tsim Sha Tsui's popular K11 Art Mall has been buoyed by the response to the opening of a namesake shopping centre in Shanghai's busiest shopping strip. Adrian Cheng ...

  8. Business - Companies - RETAILING

    Adidas sees future in lower-tier cities

    Posted Mar 09th 2013, 12:00am by Daniel Ren

    ... Daniel Ren in Shanghai ren.wei@scmp.com German sportswear maker sees two-thirds of growth opportunities outside big cities Adidas sees future in lower-tier cities Global sportswear giant Adidas sees tremendous growth opportunities in China's lower-tier cities, rather than the nation's big metropolises such as Beijing and Shanghai, as it plays catch-up with market leader ...

  9. Business - Companies - RETAILING

    BreadTalk plans to double number of mainland outlets

    Posted Sep 26th 2012, 12:00am by Daniel Ren

    ... Daniel Ren in Shanghai ren.wei@scmp.com Baker talks up mainland expansion Singapore-listed bakery chain BreadTalk plans to double the number of mainland outlets in the next two years. Founder and chairman George Quek said the company would have 550 outlets across the mainland by 2014, compared with about 300 now. He admitted that a shortage of local talent and dearth of quality ...



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