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Business - China Business - RETAILING
Mainland Chinese given lessons in luxury as high-end sales slump
Posted Sep 06th 2013, 12:00am by BLOOM
... in Europe. President Xi Jinping has since last year limited official spending on high-end banquets and discouraged gifts of pricey watches and alcohol that are common in business dealings. Xi warned ...
http://www.scmp.com/business/china-business/article/1304326/mainland-chinese-given-lessons-luxury-high-end-sales-slump -
Business - Companies - RETAILING
Givenchy set to triple number of China stores
Posted May 18th 2013, 12:00am by Ray Chan
... giant LVMH, plans to triple its number of stores in China over the next two years as other luxury brands scale back their expansion plans amid an anti-corruption campaign led by President Xi Jinping. In an interview with the South China Morning Post , Sebastian Suhl, chief executive of Givenchy since March last year, said the fashion brand would speed up its bold expansion plan ...
http://www.scmp.com/business/companies/article/1240157/givenchy-set-triple-number-china-stores -
Business - China Business - RETAILING
Double time for Swiss watchmaker Vertime
Posted Mar 28th 2013, 09:55pm by Ray Chan
... turbulence has had a greater adverse impact on market leaders." President Xi Jinping has clearly voiced his desire to fight corruption. Xi has warned government officials not to accept luxury ...
http://www.scmp.com/business/china-business/article/1202122/vertime-flouts-gift-culture-crackdown -
Business - Money - RETAILING
Jewellers lose out in Beijing's anti-graft drive
Posted Feb 08th 2013, 12:00am by Celine Sun
... gifts to bosses had delivered an incorrect message to society. The move is considered as part of Beijing's efforts taken to combat corruption. Xi Jinping, the new Communist Party general ...
http://www.scmp.com/business/money/markets-investing/article/1145613/jewellers-lose-out-beijings-anti-graft-drive -
Business - China Business - RETAILING
Suning to raise HK$5.54b in first public bond sale
Posted Dec 20th 2012, 12:00am by BLOOM
... indices. Suning's bond sale shows investors are willing to support the largest consumer companies as China's new leadership under Xi Jinping seeks to stimulate domestic demand ...
http://www.scmp.com/business/china-business/article/1108417/suning-raise-hk554b-first-public-bond-sale
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