Retail
Daphne International targets 15% growth in same-store sales
The projected year-on-year rise will counter increasing expenses.
Mid-Autumn Festival gift sets made available
Hongkong Post announced that new 2011 Mid-Autumn Festival gift sets will be available under the Mainland-Hong Kong-Macau Gift Fulfilment Service...
Customs arrests 12 for selling pirated textbooks
Customs seized 185 suspected pirated textbooks and arrested 12 people during a raid seven second-hand book shops.
Heavy metal-tainted Chinese medicines recalled
The Department of Health warned against buying three proprietary Chinese medicines, namely, Specific Hou Ton Qing, Bi Yan Pian and Pe Min Kan Wan.
Lifestyle International’s profit up 30.6% to HK$807m
The department store operator foresees the Hong Kong retail market to outperform that of the mainland.
US firm Coach to list in Hong Kong
The leather goods maker forecasts sales in the mainland to grow as much as 62%.
Manufacturer recalls ostomy bags due to sterility problem
Coloplast found during routine product sterility test that a lot of samples of its Alterna ® Sterile Post-Operative ostomy bag failed.
Luen Wing chinese medicines recalled
The Department of Health instructed Luen Wing Chinese Medicine Manufacture Company Limited to its recall proprietary Chinese medicines.
Other strengths of GlaxoSmithKline's Augmentin also recalled
The Department of Health ordered GlaxoSmithKline Limited to recall from shelves two more strengths of its Augmentin, namely the 625mg tablet and the...
Hong Kong's retail sales surge to 21% in two months
Thanks to Chinese tourists and maybe ‘Apple’?
Hengdeli Holdings chairman uses 500m shares as collateral
The luxury watch retailer said its chairman did it to obtain a $100 million loan from Swatch Group for private investment.
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.
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Commentary
Progressive rating system to impact mid-to-luxury residential properties in Hong Kong