Retail

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...

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.

Golden Shield profit up 2.9% to RMB48.8mn

The group focuses on expanding business of higher profit combed cotton yarns.

AEON Stores profit up 90% TO HK$219mn

The group looks forward to opening at least eight new stores in the coming months in Hong Kong.

Eternite earns HK$100mn via placing and subscription pacts

62mn shares and subscription of 73mn shares by founder of Larry Jewelry strengthened the company’s capital base to accelerate development of retail...

US retailers expanding in HK will push shop rents up

Shop rents in the Central business district could rise almost 50% by 2014.

LEE KEE first half profit up 157% HK$26mn

The company continues to fortify all areas of operation to ensure further development in the future amidst volatility in the global economy.