Retail
Luk Fook Holdings suffered sluggish same-store sales in 1QFY15
Forecast was right on the mark.
Luk Fook Holdings suffered sluggish same-store sales in 1QFY15
Forecast was right on the mark.
2015 opens window of opportunities for retailers and landlords
Due to more sustainable retail sales levels.
Overall prime high street retail dropped 0.3% in 2Q14
First quarterly decline since end-2008.
Weak growth in Hong Kong pushes Sa Sa to shut down 6 stores
Mostly will be from China.
Chinese tourists' evolving consumption pattern hurts Hong Kong retail market
They're chasing affordable products now.
China's HDT sales down 19% y/y in June
Decline also expected in July and August.
Barclays cuts estimates for 2014-2016 earnings of Li & Fung
Partly due to unveiled Three Year Plan.
Retail sales drop 4.1% y/y in May
Decline in jewellery sales to blame.
Sunny Optical Q3 momentum may potentially slow
Uncertainties could dampen the sunny outlook.
Gem-sets segment growth in China push bullish outlook for Chow Tai Fook
The company has a significant competitive advantage.
Hong Kong retail sales dip 4.1% y/y in May
It's an improvement compared to April, however.
April suffers sharpest drop in Hong Kong retail property segment
Slowdown in tourist arrivals partly to blame.
Sales of luxury goods in Hong Kong dips substantially in Q2
No slowdown in mass market retailers demand.
Slow growth ails Sa Sa's Hong Kong and Macau segment
Trend expected to continue into FY15E.
Hong Kong retail sales plunge in April
It’s the steepest dip in more than 5 years.
Is Click & Collect the saviour of retail?
Traditional bricks and mortar retailers are facing significant challenges due to the wave of digital disruption sweeping the industry. Shopping and...
Strong January spending keeps retail sales up by 6.6%
Clothing and footwear sales are largely improved.