Retail Sales

Lenovo rises above worst slowdown in PC market

21 May 2013

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...

4:03AM

Global brands pause as store sales growth slows on China

10 Apr 2013

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

5:47AM

Gift crackdown takes toll on store operators

19 Feb 2013

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...

4:58AM

China's holiday retail sales jump 15pc

16 Feb 2013

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.

2:36PM

Shopping malls report strong retail sales for Lunar New Year holiday

14 Feb 2013

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...

4:09AM

Stores use offers to charm snake year shoppers

9 Feb 2013

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...

4:51AM

Opinion

Tom Holland

Attempts to diversify China's reserves have been a disaster

4:45AM

Howard Winn

China is like the EU; provinces are its member states

5:26AM

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...

8:21AM

Stores forecast Lunar New Year sales boost

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...

5:22AM

Chow Tai Fook Jewellery expects mainland market to remain weak

Chow Tai Fook Jewellery, the world's largest jewellery retailer, expects the mainland market to remain weak in the next few months after it reported an 8 per cent slump in same-store sales for the...

3:56AM

ECONOMY

Smaller firms more confident about Hong Kong's economic outlook

Hong Kong's small and medium-sized enterprises have turned positive on the outlook for the economy in the first quarter in the face of improving prospects on the mainland and the easing of the...

3:56AM

RETAILING

Global year-end sales sluggish

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.

4:58AM

EARNINGS

Nike profit tops analysts' estimates

Nike, the world's largest sporting-goods company, reported second-quarter profit that topped analysts' estimates as sales gained in North America and the company controlled its marketing costs.

2:36AM