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  • July 31, 2014
  • Last updated: 3:38am
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Results 1 - 9 of 9 for yu zhengsheng

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  1. Business - Money - RETAILING

    Hongkongers cut spending on luxury goods amid bleak mainland outlook

    Posted Sep 07th 2012, 12:00am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com Bleak outlook for mainland economy prompts change in buying patterns Hongkongers cut spending on luxury goods Hong Kong consumers plan to cut back spending on luxury goods in the next 12 months in the face of a bleak outlook for the mainland economy, a survey shows. About 2,000 people who had bought luxury items in the past 12 months, 15 per cent ...

  2. Business - Companies - RETAILING

    Struggling Gome hopes the worst is now behind it

    Posted Feb 09th 2013, 12:00am by Celine Sun

    ... and heavy investment in its e-commerce platforms, some industry observers believe there were other forces at work. "The fall from grace of Gome's founder, Wong Kwong-yu, is the root cause ...

  3. Business - Companies - RETAILING

    Slowing China demand eats into Giordano profit

    Posted Aug 13th 2013, 12:15pm by TIFFANY AP

    ... from 15 HK cents the previous year. Shares of Giordano fell 0.25 per cent yesterday to HK$7.87. The company's major shareholders include Cheng Yu-tung and Aberdeen Asset Management. ...

  4. Business - Companies - RETAILING

    K11 scores with culture of success

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

    ... the grandson of property tycoon Cheng Yu-tung, says the move to transplant the K11 model to the mainland's commercial capital was motivated by more than just the idea of introducing affordable ...

  5. Business - RETAILING

    Sogo owners to spin off parts of property empire

    Posted Apr 23rd 2013, 12:00am by Charlotte So

    ... year. The landlord, New World Development, decided to terminate the lease after the developer's chairman, Cheng Yu-tung, relinquished his role to his son, Henry Cheng Kar-shun. On March 25, ... of their stake in Lifestyle. "The [recent sale by Real Reward] was to make it more flexible in terms of further financial arrangements," Lau said. Cheng Yu-tung was admitted to hospital ...

  6. Business - Economy - RETAILING

    Global year-end sales sluggish

    Posted Dec 29th 2012, 12:00am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com Expect local exports to grow by 4pc next year, trade official predicts Sluggish year-end sales felt around the globe Year-end sales globally were roughly the same as last year, with the mainland and other emerging markets doing better than the US, Europe and Japan. Such sales have become a valuable pointer to retail business patterns in the year ...

  7. Business - Companies - RETAILING

    Hong Kong closures signal Gome retreat

    Posted Jan 22nd 2013, 12:00am by Celine Sun

    ... founder Wong Kwong-yu was jailed four years ago. Analysts said Gome's Hong Kong business has been making losses for the past decade due to a "smaller business scale" and "lack ...

  8. Business - China Business - RETAILING

    Appliance retailer Gome reveals three-year plan

    Posted Dec 27th 2012, 12:00am by Celine Sun

    ... billionaire Wong Kwong-yu. Gome's revised playbook is similar to that of Suning. The largest home appliance retailer in the country said in March that it will combine the business models ...

  9. Business - China Business - RETAILING

    Retailer ePro's decision to go overseas may pay off amid price wars in China

    Posted Aug 31st 2012, 12:00am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com A price war among domestic e-traders is squeezing profits to zero, but one retailer has found success further afield Focus on emerging markets the right choice forePRO While most retailers' eyes are fixed on the lure of the mainland's huge consumer market, electronic commerce trader ePRO is looking abroad- particularly to the emerging markets ...



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