Anyone thinking of getting into China's consumer electronics retailing market might want to think again, following the latest downbeat news from homegrown giant Suning and a joint venture...
- Sun
- Mar 3, 2013
- Updated: 11:26pm
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Jose Manuel Martinez Gutierrez, the new chief executive of Esprit, said he was fine-tuning a HK$18 billion restructuring plan introduced two years ago.
Without a law to protect homosexuals from discrimination, it is believed this minority group will suffer emotionally, especially in the workplace.
Sales of consumer goods totalled 1.7 billion yuan (HK$2.09 billion) for the week-long Lunar New Year holiday in Lanzhou, a 21 per cent increase from the holiday last year, Xinhua reports, citing...
Ministry of Commerce figures show spending of 539 billion yuan (HK$665 billion) for the holiday period. Sales of groceries were up nearly 10 per cent, jewellery sales rose 38 per cent and garment...
A year ago, mainland developers were busy wining and dining government officials at five-star hotels before the Lunar New Year.
Be polite but not too familiar, display lucky symbols and take things slowly - unusual advice for the frantic world of retail but Australian stores hope it will help lure cashed-up Chinese...
But many owners were also predicting a less profitable year because of the rocketing costs of booths - an increase they were reluctant to pass on to consumers.
Hong Kong's once vibrant retail sector has not experienced growth in the double digits since June last year. However, with buyers' appetite for shopping returning in the past two months, the Hong...
Local shoppers are making an effort to buy their Lunar New Year goodies earlier this year even as enthusiastic mainlanders once more swamp the city, scrambling to clear the shelves.
Electrical appliance retailer Gome is closing its six shops in Hong Kong, throwing some 100 people out of work - starting in just 11 days on February 1.
The company announced over the...
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