• Fri
  • Aug 22, 2014
  • Updated: 1:04am

Retail Sales

Data points to broad slowdown in Chinese economy

Fresh signs of weakness in the mainland economy have emerged, with a raft of indicators sinking to their lowest levels in years, but Premier Li Keqiang played down the need for stimulus, curbing hopes of a shift in policy.

Friday, 14 March, 2014, 6:07pm 7 comments

British retail sales rebound in January

British retail sales rebounded last month after a weak December to record their strongest annual growth since April 2011, helped in part by a recovery in the country’s property market, a monthly industry survey showed on Tuesday.

11 Feb 2014 - 2:16pm

Slowdown fears as Chinese economy grows by 7.5pc

China’s economy grew 7.5 per cent in the second quarter, its slowest pace in a year, though data from the National Bureau of Statistics on Monday revealed that resilience in the domestic sector helped offset a decline in the rate of expansion in the export-oriented industrial sector.

15 Jul 2013 - 10:48pm 4 comments

Lenovo rises above worst slowdown in PC market

Lenovo is expected to report steady year-on-year earnings growth for its financial fourth quarter ended March 31, as the mainland technology giant defied the worst slump in global personal computer shipments during that period.

21 May 2013 - 4:03am

Global brands pause as store sales growth slows on China

Global brands have scaled back their expansion plans on the mainland due to slowing growth in retail sales.

10 Apr 2013 - 5:47am

Gift crackdown takes toll on store operators

Department store stocks were hammered on the first trading day after the mainland's week-long Lunar New Year break amid concerns that Beijing's crackdown on "gift giving" may further hurt high-end retail sales.

19 Feb 2013 - 4:58am

China's holiday retail sales jump 15pc

China on Saturday said retail sales jumped nearly 15 per cent on-year during the week-long Lunar New Year holiday, as consumers splurged on jewellery, clothes and food.

16 Feb 2013 - 2:36pm

Shopping malls report strong retail sales for Lunar New Year holiday

Shopping malls reported an influx of customers, bringing strong sales, over the Lunar New Year but smaller shops said trade had dipped as Hongkongers tightened their belts at the start of the Year of the Snake.

14 Feb 2013 - 4:09am

Stores use offers to charm snake year shoppers

From free hand pouches at Coach to discounts on flat-screen televisions at Gome Electrical Appliances, retailers are dangling promotions to lure mainland shoppers during next week's Lunar New Year holiday.

9 Feb 2013 - 4:51am

Retailers may struggle with price tag and sales tactics guidelines

The government passed an amendment to the Trade Descriptions Ordinance last year in a bid to stop unscrupulous and misleading sales practices. Now, the Customs and Excise Department is holding a public consultation on its draft guidelines to enforce that law.

4 Feb 2013 - 8:21am