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Hong Kong retail brands

hk is home to a number of retail brands
heres a showcase of hong kong more renowned retail stores

G.O.D.(Goods of desire): one of hk's most successful store just opened in 1996


Lane crawford: was founded in hk 1850 by two british now it has four main dept stores and 11 stores in hk and 3 in the mainland


citysuper: the upper echelon japanese-european brands food store was founded by some hong kong chinese and japanese in times square, hk 1996


pacific coffee: first established in 1993 now it has 39 outlets in hk and five outlets in singapore



park'n'shop: Established in 1973, PARKnSHOP is Hong Kong's leading supermarket chain. owned by hutchison whampoa



espirit: a renowned fashion brand established as a distributor in san francisco 1964 by the thompskins and its shares was later sold to michael ying and now based in hk


sasa: a cosmetic store established in hk 1978


i.t.: a fashion store and distributor of many local and international designer brands


giordano: a gap/uniqlo type of store started out as a single store in hk 1981


watson: a rapidly expanding drug store in hk80s, also owned by li ka shing's hutchison, the store originated as canton dispensary in guangdong 1828 later moved to hk 1841 and named a.s.watson in 1858
 

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Wouldn't it be more economically sound to have a HQ in home territory?
 

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obviously... THREE! not sure if you'd classify it as a retail brand...



the dairy farm has also got a handful number of retail brands which are big in asia:

7-Eleven in Hong Kong, China and Singapore;
the Maxims Group;
Mannings (Guardian in Singapore, Malaysia and Indonesia)


and onto hotel groups:
Mandarin Oriental; Peninsula; Shangri-la and the growing Langham Group.
 

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Wing Wah mooncakes have always been my favourite, but Maxim is quite good, too. Both types are readily available overseas.



Other famous Hong Kong food brands include Lee Kum Kee and Vitasoy.

 

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hey guys, this just in!! add HAIER to the list! :D

Haier draws assets into HK



Group will inject its holding in successful maker of white goods into HK-listed handset producer


Mainland home-appliance giant Haier Group will inject its prize business operations into its Hong Kong-listed mobile-phone maker in a bid to parlay its global brand recognition into fund-raising power on international capital markets.
The parent company yesterday said it would transfer its entire 42 per cent stake in Shanghai-listed white-goods subsidiary Qingdao Haier to loss-making Haier Electronics Group, which is listed on the main board.

"Hong Kong is an international capital market, so it will be easier to get international financing," Haier Electronics executive director Cui Shaohua said. "This will spur the globalisation of Haier Group."

Mr Cui said the Hong Kong firm would become Haier's flagship, giving it access to the international capital it needed to become one of the world's top three white-goods makers.

Formerly a state-owned producer of shoddy goods, Qingdao-based Haier has emerged as one of the country's most successful and competitive appliance brands. Its refrigerators, microwaves, air-conditioners and washing machines are sold in 160 countries.

Including the firm's crown jewels in Haier Electronics would reinvigorate the stock vehicle while placing Haier on the map for international investors, said Ivan Chung, the managing director of Xinhua Far East China Ratings, a mainland credit rating agency.

"Haier Electronics probably can't turn around its handset business, so it has to get more profitable businesses, otherwise its stock price cannot perform," Mr Chung said.

Until the end of last year, Haier Electronics was solely focused on the brutally competitive mobile handset market in the mainland. Net losses peaked at $856.36 million in 2003, when it booked a $732 million goodwill impairment charge. It recorded revenues of $3.15 billion and net losses of $42.46 million last year, its fourth consecutive year of red ink.

By contrast, earnings at Qingdao Haier rose 0.1 per cent last year to 369.44 million yuan on revenues of 15.3 billion yuan.

"The Hong Kong-listed firm is still too small, so we need the asset injection. If it succeeds, [it] will become a major white-goods company," Mr Cui said.

On January 28, the company acquired Haier Group's washing machine business and bought the 35.5 per cent stake it did not own in Pegasus Telecom (Qingdao) for $1.5 billion. It financed the transaction mostly by issuing new shares and convertible notes, paying only $50 million in cash.

Refrigerators, air-conditioners and washing machines are Haier Group's most profitable products. Haier's share of the mainland washing machine market rose to 34 per cent last year from 31 per cent in 2003, according to China Market Monitor, a mainland market research firm.

Qingdao Haier's air-conditioner sales rose 28 per cent to 7.7 billion yuan and refrigerator sales surged 36 per cent to 4.5 billion yuan.

Although Mr Cui declined to say how much Haier Electronics would pay for the Qingdao Haier stake, the latter had a market value of 2.3 billion yuan yesterday. No timetable was given for the transaction, which needs approval from mainland authorities and shareholders.

The asset swap underscores the demise of international investor interest in the A-share markets, which have been locked in a five-year decline even as the economy has strengthened with unprecedented speed.

**********

ALSO, isn't PENINSULA HOTELS an HK-brand?? :cool: :cheers:
 

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scorpion said:
ALSO, isn't PENINSULA HOTELS an HK-brand?? :cool: :cheers:
Technicall... I guess. The Peninsula Hotel Group was set up by the British right? Just like HSBC, Lane Crawford, etc.

Jardine & Matheson, Swire Group, Hutchison Whompoa, and one more trading company are Hong Kong companies as well...

What about the Shangri-La Hotel chain?
 

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raymond_tung88 said:
Technicall... I guess. The Peninsula Hotel Group was set up by the British right? Just like HSBC, Lane Crawford, etc.

Jardine & Matheson, Swire Group, Hutchison Whompoa, and one more trading company are Hong Kong companies as well...

What about the Shangri-La Hotel chain?
i'd say.. the peninsula and mandarin oriental are purely hong kong brands and these two chains also market their hk hotels as their flagships and hometown hotels.

shangri-la is headquartered in hong kong however strictly speaking i won't say it's as strongly attached to hong kong as MO or Pen. it's more like an 'Asian' hotel chain and their first hotel isn't in hong kong either.
 

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Mandarin Oriental Hotels



In 1963, we opened our flagship property in Hong Kong. It was perfect timing. Hong Kong was growing in regional and financial importance, and our hotel was in the very heart of this thriving metropolis.

1963

Our flagship hotel opens as The Mandarin and soon builds up an enviable reputation for fine service.

1974

Mandarin International Hotels Limited is formed as a hotel management company.

Our intention was to expand into Asia and operate hotels that would reflect the standard of service synonymous with our property in Hong Kong.

In this year, we expanded our portfolio through the acquisition of a 49% interest in The Oriental, Bangkok. The Oriental was already a legendary property and acknowledged as one of the world's great hotels. Through the management of both The Mandarin in Hong Kong and The Oriental, Bangkok, we were in the unusual, and enviable, position of having two ‘flagship’ hotels whose names represented the best in hospitality.

1985

We rationalised our corporate structure and combined these two prestigious properties under a common name, Mandarin Oriental Hotel Group. Our express aim was, and still is, to concentrate on the development and operation of deluxe and first class hotels worldwide.

...

Shangri-la Hotel



The story of Shangri-La Hotels and Resorts began in 1971 when a deluxe hotel was founded in the city of Singapore. Today, Hong Kong-based Shangri-La Hotels and Resorts is the largest Asian-based deluxe hotel group in the region. And it is regarded as one of the world's finest hotel management companies, garnering international awards and recognition from prestigious publications and industry partners. Our chain comprises 47 deluxe hotels and resorts in key cities of Asia and the Middle East and most sought-after leisure destinations. Seven of these are Traders Hotels, our sister brand established in 1989 to deliver high value, mid-range, quality accommodation to the business traveler.
 
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