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  • July 13, 2014
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  1. Business - Companies - RETAILING

    Gome expects earnings to improve

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

    ... Anita Lam anita.lam@scmp.com Mainland home appliance firm says integration of online and physical shops will boost margins Gome expects earnings to improve Gome Electrical Appliances expects a rebound in gross profit margin this year although its e-commerce business will remain a liability in the short term. With the company teaming up with Alibaba's consumer shopping ...

  2. Business - Companies - RETAILING

    Esprit's bottom line sags despite restructuring

    Posted Feb 27th 2013, 02:48pm by Anita Lam

    ... Anita Lam anita.lam@scmp.com Fashion chain's chief executive says more time needed to see benefits of overhaul but some positive signs detected in womenswear Esprit's bottom line sags despite revamp The big turnaround for Esprit is unlikely to come any time soon, but the new chief executive of the embattled fashion group - which lost HK$465 million in the six months ...

  3. Business - Economy - RETAILING

    Stores forecast Lunar New Year sales boost

    Posted Feb 01st 2013, 12:00am by Anita Lam

    ... Anita Lam anita.lam@scmp.com Mall owners spend millions on decorations in expectation of up to 30 per cent growth Stores forecast New Year sales lift A reviving economy and a robust stock market may bring back double-digit growth to the local retail market during the Lunar New Year, retailers said. Hong Kong's once vibrant retail sector has not experienced growth ...

  4. Property - Hong Kong & China - RETAILING

    Korean retailers ride wave of K-pop and TV dramas into Hong Kong

    Posted May 20th 2014, 02:47pm by Peggy Sito

    ... to fashion have been popular in the city. Coils Lam, chairman of CEC International, also noticed the trend towards things Korean. When CEC established the 759 Kawaiiland chain, which sells personal ... cleansing brushes two months ago, we noticed that the demand for Korean goods was huge," Lam said. "We sold more than we expected: more than 10,000 pieces in the past two months." Now ...

  5. Business - Companies - RETAILING

    Tesco profit declines for second year as UK sales worsen

    Posted Apr 17th 2014, 01:09am by BLOOM

    ... Wal-Mart's Asda and William Morrison Supermarkets have also committed to lower prices. Clarke is also seeking to win shoppers back with more convenience stores, better looking supermarkets ...

  6. 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

    ... said. Thomas Lam, the head of research and consultancy for Greater China at Knight Frank, said establishing a shopping centre at the border was a viable option to capture passenger traffic. ... of luxury items will become shorter after their numerous purchases," Lam said. "The good old days that rely on luxury items to boost rents are over. The retail property market has ...

  7. Business - Companies - RETAILING

    Hong Kong secondary listing is first stop in Fast Retailing's growth plan

    Posted Jan 28th 2014, 01:35am by TIFFANY AP

    ... on the long-term earnings prospects of the company. It may, however, help raise the profile of Fast Retailing as it continues its Asian expansion," Macquarie analyst Toby Williams said. Fast Retailing ...

  8. Business - Commodities - RETAILING

    Tech-heavy toys press the right buttons this Christmas

    Posted Dec 17th 2013, 03:55am by Denise Tsang

    ... a private company of the families of Victor Fung Kwok-king and brother William Fung Kwok-lun, has been rumoured to be seeking a listing since last year. A traditional peak season for toy retailers, ...

  9. Business - Economy - RETAILING

    Hong Kong retail sales climb 21pc as gold falls

    Posted May 31st 2013, 12:00am by Anita Lam

    ... Anita Lam anita.lam@scmp.com April turnover swells to 16-month high as shoppers rush to buy jewellery Retail sales climb 21pc as gold falls Plummeting gold prices brought the city ... early this year, continued to shrink in sales and volume. The sales of popular items such as smartphones and computers also fell because of a lack of new product launches. William Wong ...

  10. News - Hong Kong - RETAILING

    Fa Yuen Street hawkers defy licence surrender scheme

    Posted Nov 29th 2013, 09:48am by Jennifer Ngo

    ... needs," hawker-rights campaigner Bobo Yip Po-lam said. The hardest hit streets are Reclamation Street in Yau Ma Tei, with 27 stalls closing, and Marble Road in North Point, which has lost 19. Both ...




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