Retail
US firm Coach to list in Hong Kong
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.
                    
                                        
                    
                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.