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.Saturday, 29 December, 2012, 4:58am
Growth in retail property rents and prices will slow next year, according to landlords and analysts, but the sector will outperform other property types.29 Dec 2012 - 4:58am
A third of profits taken in London's West End on Boxing Day came from Chinese tourists, according to reports.
Of the £50 million (HK$625 million) spent in sales, which opened on December 26, the so-called Peking Pound accounted for £12 million, writes The Sun newspaper.28 Dec 2012 - 11:26am
Is electrical appliance retailer Gome merely following its rivals or will its new internet-driven strategy truly jolt it out of the doldrums?
China's second-largest home appliance chain operator has rolled out a three-year strategy to increase its presence in lower-tier cities and expand into online food and cosmetics sales.27 Dec 2012 - 1:59am
With their shelves spilling over with festive goodies, department stores in London are working hard to attract Christmas shoppers - but Chinese visitors are the particular target of a charm offensive.24 Dec 2012 - 5:05am
Suning Appliance, the mainland's biggest electronics retailer by market value, is raising 4.5 billion yuan (HK$5.54 billion) in its first public bond sale as it seeks to challenge e-commerce giants with its own web venture.20 Dec 2012 - 3:19am
Construction, commodity and retail stocks were likely to be the biggest winners from Beijing's economic policies next year, analysts said.
Promoting domestic consumption and urbanisation would be key themes on the mainland next year, Xinhua said after the country's annual economic policy-setting conference yesterday.17 Dec 2012 - 5:31am
Chinese shoppers this year emerged as the biggest spenders in the global luxury market, thanks largely to their sprees in Europe and the United States.
Shoppers from the mainland, Hong Kong and Macau, accounted for a quarter of global luxury sales this year - for the first time surpassing Americans who bought a fifth of the total, according to global consultancy Bain & Company.13 Dec 2012 - 3:34am
Luxury watchmaker Vacheron Constantin plans to increase manufacturing capacity at its plant in Geneva to meet demand spurred by growing affluence in Asia, according to the company's chief.13 Dec 2012 - 4:59am
The city's economy was stagnant in 2003, before a new policy allowed mainlanders to visit Hong Kong as individuals. The resulting increase was dramatic. The number of mainland visitors rose from 6.8 million in 2002 to 12.25 million in 2004 and to 28.1 million last year, the Tourism Board reports.The total is forecast to rise further this year.10 Dec 2012 - 7:37am 1 comment
Many avid consumers of the latest technology must have been shocked by recent reports of double-digit increases in vacancy rates for shops and offices in Shenzhen's Huaqiangbei commercial area - the mainland's best place to shop for electronics, digital products and hi-tech knock-offs.8 Dec 2012 - 4:41am
Not only is personal shopper Wassim Hussein clearly not a German native, his fluency in Mandarin allows him to expertly guide mainland Chinese shoppers around the airport’s duty free aisles making sure their shopping wish lists are fulfilled.6 Dec 2012 - 11:46am
Beijing's efforts to boost domestic consumption may weigh on banks' profits as a reduction in credit-card transaction fees will eat into their fee income.
The State Council had approved a plan to reduce transaction charges on credit-card payments, Xinhua reported on Tuesday, citing a notice issued by the People's Bank of China.
The PBOC spokesman was not available for comment.29 Nov 2012 - 3:53am
The landlord of a small shopping centre in Sai Ying Pun has invited retailers who were forced to quit their shops in the DNA Galleria mall in Tsim Sha Tsui earlier this month to re-establish themselves at the centre in time for the Christmas shopping period.28 Nov 2012 - 3:13am
US shoppers took advantage of retailers offering a Thursday night start to the traditional post-Thanksgiving holiday shopping season, lining up at stores to get deals on electronics and other items or to just see what the fuss was about.24 Nov 2012 - 3:14am