Retail
Fancy some wine? Apparently not
For the first time in almost 20 sales Sotheby’s was left with one bottle too many of Chateau Lafite Rothschild after failing to attract buyers.
Safety standards for toys and children's products to be updated
The Government has proposed the adoption of the latest safety standards promulgated by the relevant standards institutions for toys and eight types...
Hong Kong takes a bite of Apple
Apple opened its first store in Hong Kong amidst growth of retail sales driven by spending from visiting Mainlanders.
Active Group begins HKSE Main Board IPO
The group targets to raise HK$549mn from 300mn shares ranging from HK$1.20 to HK$1.83 per share.
Massimo Bonini's concept store opens in Hong Kong
Massimo Bonini, a renowned Italian showroom for Italian brand name shoes and accessories, announced the unveiling of its first worldwide concept...
Hongguo to offer 500mn shares in IPO
40% of the net proceeds is aimed for expansion of its retail network.
Restaurant in Sham Shui Po gets suspension order
A restaurant in Sham Shui Po was ordered by the Director of Food and Environmental Hygiene to suspend business for 14 days.
Retailers prosecuted, fined for selling short-weighted fruits
Seven fruit retailers have been fined from $1,000 to $3,400 under the Weights and Measures Ordinance after pleading guilty in court to selling short...
Apple to open its first store in Hong Kong
No specific date was disclosed but a spokesperson said the store will open this quarter.
Li Ning’s earnings drop 49% to RMB 294m in 1H11
HSBC projects its net profit will plunge 55% in 2011.
China to outgrow Hong Kong in luxury markets: report
The growth of luxury markets in China will outperform Hong Kong in the long term, based on a financial report.
Recall of Neurolite for Inj with Buffer Vial
The Department of Health instructed a licensed drug importer, Global Medical Solutions, to recall two batches of Neurolite for Inj with Buffer Vial...
Three reasons why mainland tourists shop in Hong Kong
HSBC cites the reasons why mainland tourists have been flocking to the country to satisfy their shopping needs.
Long live the “walking ATM’s”: Hong Kong's retail sales surge 24%
HSBC says the high demand is driven by the “walking ATMs”, or the Chinese mainlanders who pay with cash.
Sun Art Retail Group profit up 41.5%
The hypermarket operator, which debuted in Hong Kong trading in July, reported $122.7m profit for the first half of 2011.
Retail sales value up to over $35b
The value of total retail sales in July 2011 increased by more than 29% compared to the same period in 2010.
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