Retail
Chinese consumers to become biggest luxury spenders by 2012
Luxury tax amounted to RMB1.2trn in 2010.
Chinese consumers to become biggest luxury spenders by 2012
Luxury tax amounted to RMB1.2trn in 2010.
Eternite acquires Larry Jewelry in Hong Kong and Singapore
The move allowed the company to rapidly expand into retail jewelry business across Asia to drive growth.
Linmark profit down to HK$4.7mn
The company will consider M&A opportunities that lead to a more diverse range of products to offer customers in a difficult business environment.
Guangzhou Huanya Cosmetics plans to list in HK in September
The Chinese cosmetics company is eyeing a Hong Kong listing hearing next month.
Shirble gets rights to operate department stores in Dongguan
A total of GFA of approximately 17,600 sqm gives the company capacity to enhance operational efficiency and accelerates pace of development.
Chinese medicine containing excessive lead recalled
The Department of Health ordered Chaisentomg Pharmaceutical Factory Limited to recall its Chaisentomg Baby's Kam Chik San Powder.
Hong Kong retail sales up 27.8% to $33.1bn
Residents’ improving income and vibrant inbound tourism are expected to further boost retail business.
AEONMaxValu Prime Tsim Sha Tsui Store opens
The premium mall at the heart of Tsim Sha Tsui opens auspiciously amidst steady growth of the local economy, an improving job market and rising...
Bauhaus 2010 profit up to HK$115.5mn
The Group targets to further penetrate into China market by opening 20 to 30 shops in prime cities including Beijing, Shanghai, Guangzhou and Nanjing...
LED lamps now covered by energy efficiency labelling scheme
The Electrical and Mechanical Services Department extended the voluntary Energy Efficiency Labelling Scheme to cover LED lamps.
Prada upbeat on HK IPO despite global market turmoil
Prada SpA and its bankers said recent turmoil in world stock markets won't weaken their upcoming Hong Kong IPO.
AEON Stores opens AEON MaxValu Prime
The supermarket targets customers seeking quality living and trendy lifestyle as it offers the best and most comprehensive food, fresh products, and...
Retail Asia Expo 2011 to kick off 14 June
Hong Kong Convention and Exhibition Centre will host event to unite players in the US$5.4tn sector.
Hong Kong total retail sales in April up 27.7%
Robust local consumption demand and lively tourist spending pushed value of total retail sales up to $32bn.
Sun Holdings plans $1bln IPO in Hong Kong
Proceeds would be used to expand Sun's hypermarket chain in China.
Chevron's LPG filling stations to re-open
The Electrical and Mechanical Services Department acknowledges that Chevron will re-open their five LPG filling stations progressively.
Women arrested for selling banned slimming products
Two women, aged 24 and 29, were arrested today for selling slimming products containing undeclared and banned drug ingredients.
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