Disclosure of Further Corporate Information

Total Page:16

File Type:pdf, Size:1020Kb

Disclosure of Further Corporate Information Disclosure of Further Corporate Information JOYCE BO Set out below is information disclosed pursuant to the Rules Governing the Listing of Securities (the “Listing Rules”) on The Stock Exchange of Hong Kong Limited (the “Stock Exchange”): UTIQUE HOLDINGS LIMITED (A) MANAGEMENT DISCUSSION AND ANALYSIS (1) Business Review The Group has turned in a strong performance for the year ended 31 March 2006, with turnover achievement of HK$755.7 million, representing an increase of 19.4% compared with the same period last year. | ANNUAL REPORT 2005 The turnover growth for the Group was highly satisfactory. The organic growth achieved by the existing stores and the expansion of the retail portfolio, in the second half of the year, in Hong Kong were the main drivers. The Group has decided to focus its financial and management resources on the higher-growth mainland China and Hong Kong markets. The retail operations in Taiwan will be scaled down in the coming financial year. / 2006 Hong Kong | The 16,000 square-foot Joyce flagship store at New World Tower on Queen’s Road Central, 12 reopened in late September 2005 after a ten-week-long renovation period, again set new international benchmarks for retail design, display and service. The new design points the way to 2007, when the store will add more than 19,000 square feet, for a total of 35,000 square feet, completed by March 2007. Five new mono-brand stores were opened in the year under review. In October 2005, a 2,700 square-foot store was opened for Jil Sander and a 1,700 square-foot store was opened for the fabled Balenciaga label, its first flagship store in Hong Kong and an important step in Balenciaga’s worldwide store expansion program. Both stores enjoy prime locations in the Entertainment Building in Central. A 900 square-foot Y’s shop, a successful division of the Yohji Yamamoto label, was also opened on Canton Road in October 2005. Two SJSJ shops were opened in Central and Times Square in November and December 2005, respectively. New designer concession corners, totaling 4,000 square feet, were opened in the third quarter of 2005 at the newly renovated Lane Crawford department stores in the Pacific Place mall in Hong Kong and on Canton Road in Kowloon. The concession corners opened last year in the new Lane Crawford department store at the International Finance Centre (“IFC”) continued to perform well. Joyce Beauty performed steadily. New shops for the French brand Chantecaille, represented exclusively by Joyce in Hong Kong, were established during the year at the Lane Crawford department stores at IFC, Canton Road and Times Square. JOYCE BO Marketing Event marketing activities were stepped up during the year in support of store openings, brand launches and introductions of seasonal collections. The centerpiece of the year’s image-building UTIQUE HOLDINGS LIMITED programme was an innovative show staged in late September 2005 at the Hong Kong Convention and Exhibition Centre in conjunction with the celebration of the reopening of the Joyce flagship store at New World Tower. The evening, branded as F.A.M.E. (Fashion, Arts, Music and Entertainment), was the most exciting fashion event of the Fall/Winter 2005 season, drawing over one thousand guests. | In April 2005, in-store events were mounted for the Italian label Etro and the new BOSS store at ANNUAL REPORT 2005 Festival Walk in Kowloon, and, in association with HSBC, collections were shown at the Pacific Place mall. In-store and trunk shows introducing the Fall/Winter 2006 collections were held for Commes des Garçons, Nina Ricci, Donna Karan, John Galliano, Alexander McQueen, and Dries Van Noten, / 2006 among other signature Joyce labels. | 13 In-store events were also held for the openings of the Jil Sander and Balenciaga shops in the Entertainment Building. Taiwan The Group has decided to scale down its operations in Taiwan, with the exception of the boutiques operating under the jointly controlled entity. Other mono-brand operations will cease at the close of the Spring/Summer 2006 selling season. Mainland China Going forward, the Group is broadening its China strategy, adding direct specialty retailing to its sub-franchising activities, with all mainland operations to be managed under an enlarged China division – Joyce Boutique (China) Limited. Joyce Distribution Limited, the Group’s sub-franchising division, has been renamed as Joyce Boutique (China) Limited. The sub-franchising division in Joyce Boutique (China) Limited continued to develop its business during the year. Its portfolio now comprises twelve stores in total: four Versace boutiques in Chengdu, Chongqing, Kunming and Xian; two JC Versace stores in Qingdao and Nanjing; three Versus shops in Chengdu, Chongqing and Xian; and three Etro stores in Shanghai, Beijing and Nanjing. Jointly Controlled Entity A 50-50 retail jointly controlled entity with a vendor commenced business in July 2005. The jointly controlled entity currently operates 4 mono-brand shops and 4 concession counters in Hong Kong and Taiwan. Disclosure of Further Corporate Information JOYCE BO (2) Financial Review (I) Review of 2005/06 Results and Segmental Performance UTIQUE HOLDINGS LIMITED Group profit attributable to Shareholders for the year ended 31 March 2006 amounted to HK$74.0 million, achieving a 21% profit growth as compared to HK$61.2 million for the same period last year. Basic earnings per share were 4.6 cents (2005: 3.8 cents). The Group turned in another strong performance, achieving turnover of HK$755.7 million for the year, an increase of 19.4% compared with the same period last year. The Hong Kong fashion retail division accounts for 82.4% of the total turnover. | Despite the temporary closure of Joyce’s Hong Kong flagship in Queen’s Road Central during ANNUAL REPORT 2005 its renovation, the Group achieved a notable growth in turnover. This growth was driven by turnover generated by the several new stores and designer concession corners opened in the second half of the year, which increased total selling space in the Group’s retail portfolio by 9%, and by robust growth in turnover at existing stores, underpinned by strong local customer demand in Hong Kong. / 2006 The Group’s gross margin dropped slightly, by 0.7%, despite the strengthening of the Euro | during the year. This relative stability in gross margin was due to the effective hedging of the 14 Euro. Group operating overheads continued to be well managed and firmly controlled. Premises costs, as a percentage of turnover, increased modestly from 18.0% to 18.8% in the face of escalating retail rents. A HK$11.4 million provision was written back in the year under review for potential exposure on the reparation for the unfulfilled purchase commitment to a vendor which has been revised from HK$23.9 million to HK$12.5 million in 2005/06. As a result of the scaled down operations in Taiwan in the coming financial year, a provision for restructuring costs of retail shops of HK$5.6 million has been made in this year’s accounts. The 50-50 retail jointly controlled entity contributed a net profit of HK$3.3 million in the year under review. (II) Liquidity and Financial Resources At 31 March 2006, the Group’s financial position remained strong even after the payment of HK$32.4 million final dividend of previous year. Total net deposits and cash amounted to HK$244.0 million, representing total deposits and cash of HK$245.5 million less total bank borrowings of HK$1.5 million which are all repayable within one year. Most of the Group’s imported purchases are denominated in foreign currencies, primarily being Euro. To minimise exposure on foreign exchange fluctuations, the Group will from time to time review its foreign exchange position and, when it considers appropriate and necessary, will hedge its foreign exchange exposure by way of forward foreign exchange contracts. JOYCE BO (III) Finance At 31 March 2006, the Group had banking facilities in a total amount of HK$316.5 million (2005: HK$245.2 million). UTIQUE HOLDINGS LIMITED With its cash holdings and available banking facilities, the Group believes that it will have sufficient fund to pursue new potential investment opportunities. (IV) Employees The Group has approximately 440 staff. Employees are remunerated according to nature of | the job and market trend, with built-in merit component incorporated in the annual ANNUAL REPORT 2005 increment to reward and motivate individual performance. The Group provides various job- related training programmes to staff when necessary. Total staff costs for the year ended 31 March 2006 amounted to HK$111.9 million. (B) BIOGRAPHICAL DETAILS OF DIRECTORS AND SENIOR MANAGEMENT / 2006 (1) Directors Walter K. W. MA, Chairman (Age: 76) | 15 Mr. Ma is a co-founder of the Company. He has practised as a certified public accountant in Hong Kong since 1962, and is a fellow of the Hong Kong Institute of Certified Public Accountants (“HKICPA”) and an associate of the CPA Australia. Mr. Ma is also the executive chairman of The Sincere Company, Limited (“Sincere”) as well as a director of certain subsidiaries of the Company and several other companies in Hong Kong. He is the husband of Mrs. Joyce Ma and the father of Ms. Adrienne Ma and Ms. Yvette Ma. Joyce E. MA, Chief Executive Officer (Age: 65) Mrs. Ma founded the Group in 1970. Over the past three decades, she has introduced numerous top designers at the earliest stages of their careers to Hong Kong and Asia, and has led and shaped lifestyle and fashion retail trends in the East. Mrs. Ma is the recipient of numerous international honors and awards including the Chevalier de l’Ordre de la Couronne (Belgium 1994), the Ufficiale dell’Ordine al Merito della Repubblica Italiana (Italy 1995), Chevalier dans l’Ordre National de la Legion d’Honneur (France 2005) by Mr.
Recommended publications
  • COVERAGE LIST GEO Group, Inc
    UNITED STATES: REIT/REOC cont’d. UNITED STATES: REIT/REOC cont’d. UNITED STATES: NON-TRADED REITS cont’d. COVERAGE LIST GEO Group, Inc. GEO Sabra Health Care REIT, Inc. SBRA KBS Strategic Opportunity REIT, Inc. Getty Realty Corp. GTY Saul Centers, Inc. BFS Landmark Apartment Trust, Inc. Gladstone Commercial Corporation GOOD Select Income REIT SIR Lightstone Value Plus Real Estate Investment Trust II, Inc. Gladstone Land Corporation LAND Senior Housing Properties Trust SNH Lightstone Value Plus Real Estate Investment Trust III, Inc. WINTER 2015/2016 • DEVELOPED & EMERGING MARKETS Global Healthcare REIT, Inc. GBCS Seritage Growth Properties SRG Lightstone Value Plus Real Estate Investment Trust, Inc. Global Net Lease, Inc. GNL Silver Bay Realty Trust Corp. SBY Moody National REIT I, Inc. Government Properties Income Trust GOV Simon Property Group, Inc. SPG Moody National REIT II, Inc. EUROPE | AFRICA | ASIA-PACIFIC | MIDDLE EAST | SOUTH AMERICA | NORTH AMERICA Gramercy Property Trust Inc. GPT SL Green Realty Corp. SLG MVP REIT, Inc. Gyrodyne, LLC GYRO SoTHERLY Hotels Inc. SOHO NetREIT, Inc. HCP, Inc. HCP Sovran Self Storage, Inc. SSS NorthStar Healthcare Income, Inc. UNITED KINGDOM cont’d. Healthcare Realty Trust Incorporated HR Spirit Realty Capital, Inc. SRC O’Donnell Strategic Industrial REIT, Inc. EUROPE Healthcare Trust of America, Inc. HTA St. Joe Company JOE Phillips Edison Grocery Center REIT I, Inc. GREECE: Athens Stock Exchange (ATH) AFI Development Plc AFRB Hersha Hospitality Trust HT STAG Industrial, Inc. STAG Phillips Edison Grocery Center REIT II, Inc. AUSTRIA: Vienna Stock Exchange (WBO) Babis Vovos International Construction S.A. VOVOS Alpha Pyrenees Trust Limited ALPH Highwoods Properties, Inc.
    [Show full text]
  • Chapter One Introduction Chapter Two the 1920S, People and Weather
    Notes Chapter One Introduction 1. Steve Tsang, ed., Government and Politics (Hong Kong: Hong Kong University Press, 1995); David Faure, ed., Society (Hong Kong: Hong Kong University Press, 1997); David Faure and Lee Pui-tak, eds., Economy (Hong Kong: Hong Kong University Press, 2004); and David Faure, Colonialism and the Hong Kong Mentality (Hong Kong: Centre of Asian Studies, University of Hong Kong, 2003). 2. Cindy Yik-yi Chu, The Maryknoll Sisters in Hong Kong, 1921–1969: In Love with the Chinese (New York: Palgrave Macmillan, 2004), book jacket. Chapter Two The 1920s, People and Weather 1. R. L. Jarman, ed., Hong Kong Annual Administration Reports 1841–1941, Archive ed., Vol. 4: 1920–1930 (Farnham Common, 1996), p. 26. 2. Ibid., p. 27. 3. S. G. Davis, Hong Kong in Its Geographical Setting (London: Collins, 1949), p. 215. 4. Vicariatus Apostolicus Hongkong, Prospectus Generalis Operis Missionalis; Status Animarum, Folder 2, Box 10: Reports, Statistics and Related Correspondence (1969), Accumulative and Comparative Statistics (1842–1963), Section I, Hong Kong Catholic Diocesan Archives, Hong Kong. 5. Unless otherwise stated, quotations in this chapter are from Folders 1–5, Box 32 (Kowloon Diaries), Diaries, Maryknoll Mission Archives, Maryknoll, New York. 6. Cindy Yik-yi Chu, The Maryknoll Sisters in Hong Kong, 1921–1969: In Love with the Chinese (New York: Palgrave Macmillan, 2004), pp. 21, 28, 48 (Table 3.2). 210 / notes 7. Ibid., p. 163 (Appendix I: Statistics on Maryknoll Sisters Who Were in Hong Kong from 1921 to 2004). 8. Jean-Paul Wiest, Maryknoll in China: A History, 1918–1955 (Armonk: M.E.
    [Show full text]
  • Save the Children in China 2013 Annual Review
    Save the Children in China 2013 Annual Review Save the Children in China 2013 Annual Review i CONTENTS 405,579 In 2013, Save the Children’s child education 02 2013 for Save the Children in China work helped 405,579 children and 206,770 adults in China. 04 With Children and For Children 06 Saving Children’s Lives 08 Education and Development 14 Child Protection 16 Disaster Risk Reduction and Humanitarian Relief 18 Our Voice for Children 1 20 Media and Public Engagement 22 Our Supporters Save the Children organised health and hygiene awareness raising activities in the Nagchu Prefecture of Tibet on October 15th, 2013 – otherwise known as International Handwashing Day. In addition to teaching community members and elementary school students how to wash their hands properly, we distributed 4,400 hygiene products, including washbasins, soap, toothbrushes, toothpastes, nail clippers and towels. 92,150 24 Finances In 2013, we responded to three natural disasters in China, our disaster risk reduction work and emergency response helped 92,150 Save the Children is the world’s leading independent children and 158,306 adults. organisation for children Our vision A world in which every child attains the right to survival, protection, development and 48,843 participation In 2013, our child protection work in China helped 48,843 children and 75,853 adults. Our mission To inspire breakthroughs in the way the world treats children, and to achieve immediate and 2 lasting change in their lives Our values 1 Volunteers cheer on Save the Children’s team at the Beijing Marathon on October 20th 2013.
    [Show full text]
  • The Wharf (Holdings) Limited ANNUAL REPORT 2013
    THE WHARF ( HOLDINGS ) LIMITED www.wharfholdings.com ANNUAL REPORT 2013 REPORT ANNUAL The Wharf (Holdings) Limited ANNUAL REPORT 2013 Stock Code: 4 With the opening of Chengdu IFS, Wharf has built another Harbour City in Chengdu. Strategically located at the intersection of three major commercial roads – Hongxing Road, Dacisi Road and Jiangnanguan Street, the 210,000-square-metre retail landmark also marked the maiden anchor of 100 world’s most coveted brands. Corporate Profile Backed by a long standing mission of ”Building for Tomorrow” and a distinguished track record, the Group has produced consistent and quality growth over the years. Wharf is among the top local blue chip stocks that are most actively traded, signalling high liquidity and attractiveness for investors. In addition, through years of value creation and new investment, the Group’s investment properties (“IP”) portfolio, with a book value of HK$261 billion as at the end of 2013, has grown to rank among the top five publicly-held portfolios in the world. It represented 70% of the Group’s total operating profit. With prime real estate as the Group’s primary strategic focus, site acquisition, financing, development planning, design, construction and marketing are its core competencies. Mall development and retail management remain its strategic differentiation. With its leadership in retail management, the Group continued to maintain its pole position in the Hong Kong retail market. Harbour City and Times Square, the Group’s landmark properties, had a combined value of HK$192 billion at the end of 2013, up from HK$177 billion in 2012, and represented 49% of the Group’s business assets.
    [Show full text]
  • WHEELOCK and COMPANY LIMITED (Incorporated in Hong Kong with Limited Liability) Stock Code: 20
    Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. WHEELOCK AND COMPANY LIMITED (Incorporated in Hong Kong with limited liability) Stock Code: 20 2019 Final Results Announcement Navigating in stormy seas Macro Environment Global and local challenges weighed heavily on Hong Kong economy. Highlights on Hong Kong Properties Contracted residential sales totalled HK$23.6 billion, albeit at a slower pace in the second half of 2019. The sales were primarily contributed by two large-scale O’EAST projects, namely “MONTARA & GRAND MONTARA” and “MARINI & GRAND MARINI”. Presale of two O’EAST projects has received favourable responses with 1,906 units presold, accounting for 68% of contracted residential sales for 2019. Net order book reached HK$32.5 billion, underscoring revenue visibility (31 December 2018: HK$26.7 billion). Group HKDP land bank edged up to 7.5 million square feet, upon acquisition of five sites in 2019 and a successful bid for LOHAS Park Phase 12 in February 2020. Group Financials Wheelock-Own’s net gearing improved to 9.9%. Group underlying net profit was HK$12.4 billion. Higher contributions from various property segments were partly offset by impairment provisions of HK$4.9 billion for certain DP. Second interim dividend at HK$1.050 per share, same as last year, making total dividend for the year 2019 HK$1.575 per share.
    [Show full text]
  • Disclosure of Further Corporate Information
    50 The Wharf (Holdings) Limited Annual Report 2004 Disclosure of Further Corporate Information Set out below is information disclosed pursuant to the Rules Governing the Listing of Securities (the “Listing Rules”) on The Stock Exchange of Hong Kong Limited (the “Stock Exchange”): (A) BIOGRAPHICAL DETAILS OF DIRECTORS AND SENIOR MANAGERS ETC. (I) Directors Peter K C Woo, GBS, JP, Chairman (Age: 58) Mr Woo has resumed the role of Chairman since 2002 after having formerly served as Chairman of the Company from 1986 to 1994. He is also the chairman of Wheelock and Company Limited (“Wheelock”) and Modern Terminals Limited (“Modern Terminals”). Mr Woo was appointed a Justice of the Peace in 1993 and awarded the Gold Bauhinia Star in 1998 by the Hong Kong SAR Government. He has for many years been actively engaged in community and related services, both locally and in the international arena, and has held various Government appointments. He has been the Government-appointed chairman of the Hong Kong Trade Development Council since October 2000 and had served as the chairman of Hospital Authority from 1995 to 2000 and the council chairman of Hong Kong Polytechnic University from 1993 to 1997. He is currently the chairman of the Hong Kong Environment and Conservation Fund Committee set up in 1994 which he co-funded with the Government. He also served as a deputy chairman in 1991 to Prince of Wales Business Leaders Forum, and as a member of the International Advisory Council of J.P. Morgan Chase & Co., National Westminster Bank, Banca Nazionale del Lavoro, Elf Aquitaine of France and General Electric of America.
    [Show full text]
  • No. 1) Limited Wheelock Finance (BVI
    Offering Circular Wheelock and Company Limited (incorporated with limited liability in Hong Kong) (as Issuer and Guarantor) Wheelock Finance Limited (incorporated with limited liability in Hong Kong) (as Issuer) Wheelock Finance (No. 1) Limited ((incorporated with limited liability in Hong Kong) (as Issuer) Wheelock Finance (BVI) Limited ((incorporated with limited liability in the British Virgin Islands) (as Issuer) Wheelock MTN (Singapore) Pte. Ltd. (incorporated with limited liability in Singapore) (as Issuer) U.S.$3,000,000,000 Medium Term Note Programme On 16 December 2010, Wheelock and Company Limited (“Wheelock”), Wheelock Finance Limited (“WKFL”), Wheelock Finance (No.1) Limited (“WKF1L”) and Wheelock Finance (BVI) Limited (“WKBVI”) (in such capacity, each an “Issuer”) established a U.S.$2,000,000,000 Medium Term Note Programme (the “Programme”) and issued an offering circular on that date describing the Programme. On 27 October 2011, Wheelock MTN (Singapore) Pte. Ltd. (“WKMS”) (also an “Issuer” and together with Wheelock, WKFL, WKF1L and WKBVI, the “Issuers”) acceded to the Programme and the Programme Limit (as defined in the Dealer Agreement) was increased to U.S.$3,000,000,000. This Offering Circular supersedes the previous offering circular and any supplement thereto. Any Notes (as defined below) issued under this Programme on or after the date of this Offering Circular are issued subject to the provisions described herein. This does not affect any Notes issued prior to the date of this Offering Circular. Under the Programme, the Issuers, subject to compliance with all relevant laws, regulations and directives, may from time to time issue Medium Term Notes (the “Notes”).
    [Show full text]
  • PRINCIPAL SUBSIDIARIES and ASSOCIATES at 31 March 2006
    PRINCIPAL SUBSIDIARIES AND ASSOCIATES At 31 March 2006 Issued & fully Percentage Place of paid up share capital of equity incorporation/ (all being ordinary shares attributable Principal Subsidiaries operation except otherwise stated) to the Group activities Actbilt Pte Limited Singapore 1,000,000 S$1 shares 56 Property Belgravia Properties Pte. Ltd. Singapore 1,000,000 S$1 shares 56 Property Bestbilt Pte. Ltd. Singapore 1,000,000 S$1 shares 56 Property Everbilt Developers Pte Ltd Singapore 160,000,000 S$1 shares 56 Property Hamptons Group Limited United Kingdom 11,170,014 £0.01 shares & 56 Holding company 50 £0.01 “A” shares Hamptons Estates Limited United Kingdom 2,667,787 £0.01 shares 56 Estates agency Harriman Property Management Hong Kong 198 HK$100 shares 100 Property Limited management Harriman Leasing Limited Hong Kong 100,049 HK$10 shares 50 Letting agent 50 non-voting HK$10 shares 100 Harriman Realty Company, Limited Hong Kong 100,000 HK$10 “A” shares 100 Holding company 102,000 HK$0.1 “B” shares 2 Janeworth Company Limited Hong Kong 550,000,000 HK$1 shares 74 Property Keevil Company Limited Hong Kong 2 HK$1 shares 74 Property Kowloon Properties Company Limited Hong Kong 10,000 HK$1 shares 66 Property Marnav Holdings Limited Hong Kong 1,000,000 HK$1 shares 74 Property Mer Vue Developments Pte. Ltd. Singapore 1,000,000 S$1 shares 56 Property NART Finance Limited Hong Kong 3 HK$10 shares 74 Finance Nassim Developments Pte. Ltd. Singapore 2 S$1 shares 56 Investment Pizzicato Limited Hong Kong 2 HK$10 shares 74 Property Realty Development
    [Show full text]
  • Wheelock and Company Limited 中期報告書2014 Interim Report 2014
    會德豐有限公司 Wheelock and Company Limited 中期報告書2014 Interim Report 2014 股份代號: 20 www.wheelockcompany.com Stock Code: 20 www.wheelockcompany.com This interim report is printed on FSCTM Certied Paper. Pulps used are chlorine-free and acid-free. The FSCTM logo identies products which contain wood from well-managed forests certied in accordance with the rules of the Forest Stewardship Council® . CONTENTS 2 Group Results Highlights 4 Business Review 12 Financial Review 22 Financial Information 45 Other Information FULL YEAR SALES TARGET COMPLETED IN FIRST HALF HONG KONG DEVELOPMENT PROPERTIES (“DP”) HIGHLIGHTS • Contracted sales at HK$10.1 billion, successfully meeting full year sales target in the first half. • Net order book increased to HK$19.5 billion, locking in future revenue stream (December 2013: HK$11.1 billion). • One Bay East – East Tower was presold to Citigroup for HK$5.4 billion in June 2014. The West Tower was presold to Manulife for HK$4.5 billion in March 2013, thus completing the HK$10 billion project which dovetailed precisely with the Government’s CBD2 initiative for Kowloon East. The HK$10 billion project is the most valuable transacted office project in Hong Kong. • At Austin Station, Grand Austin (Phase II) presold 685 units or 99% of total units up to August 2014, generating sales proceeds of HK$15.1 billion. In addition to the adjacent The Austin (Phase I), which was presold at HK$10.0 billion in November 2013, it satisfactorily completed the HK$25 billion presale of this MTRC joint development project. • Kai Tak residential site with 413,000 square feet GFA was acquired by public tender in May 2014 at HK$2.5 billion.
    [Show full text]
  • G/F, 28 Russell Street, Causeway Bay, Hong Kong
    Address Telephone Lane Crawford, G/F, Times Square, Causeway Bay, Hong Kong - G/F, 28 Russell Street, Causeway Bay, Hong Kong - GF-35B, Sogo, Causeway Bay, Hong Kong - Shop 11A, G/F, Main Block Fashion Walk, 11-19 Great George Street, Causeway Bay - Harvey Nichols, Pacific Place, 88 Queensway, Hong Kong - Faces at LAB CONCEPT, Queensway Plaza, 93 Queensway, Hong Kong - HL-226, Level 2, Harvey Nichols, The Landmark, Central - Shop No. 1059B, Podium Level One, Ifc Mall, 8 Finance Street, Central - Shop UG-36, Festival Walk, Kowloon Tong, Kowloon - Shop M07, MTR Floor, MOKO, Mongkok, Kowloon - Shop L2-26, Langham Place, Mongkok, Kowloon - G8-12, Hollywood Plaza, 610 Nathan Road, Mongkok, Kowloon - Shop G74, Telford Plaza 1, Kowloon Bay, Kowloon - BEAUTY BAZAAR, Level UG1, The ONE, 100 Nathan Road, Tsim Sha Tsui, Kln - Shop 1087, Elements, 1 Austin Road West, Kowloon - Shop G204, Gateway Arcade, Harbour City, Tsim Sha Tsui, Kowloon - LG-21A, Sogo TST, 20 Nathan Road, TST - Faces, Ocean Terminal, Harbour City, Tsim Sha Tsui, Kowloon - Shop C-15, APM, Millennium City 5, Kwun Tong, Kowloon - Metroplaza, Shop K1, Level 2, Kwai Fong, New Territories A0146 - G/F, Tsuen Wan Citistore, KOLOUR·Tsuen Wan II, TWTL 301, Tsuen Wan, N.T. - Shop 405, Phase 1, New Town Plaza, Shatin, NT - Shop G33, PopCorn, 9 Tong Yin Street, Tseung Kwan O - Shop 1149-1150, YOHO Mall I, 9 Long Yat Road, Yuen Long, N.T. - Shop 278, Level 2, Landmark North, Sheung Shui - Shop 1137B, 1/F, Tuen Mun Town Plaza Phase 1, Tuen Mun, NT - V CITY at Shop M-23B & 25, MTR Level, V City, Tuen Mun, NT - Website http://www.kiehls.com.hk/ Issued by The Hongkong and Shanghai Banking Corporation Limited .
    [Show full text]
  • JOYCE BOUTIQUE HOLDINGS LIMITED (Incorporated in Bermuda with Limited Liability) Stock Code: 647
    Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. JOYCE BOUTIQUE HOLDINGS LIMITED (Incorporated in Bermuda with limited liability) Stock Code: 647 2009/10 Results Announcement GROUP RESULTS The Group profit attributable to Shareholders for the year ended 31 March 2010 amounted to HK$35.2 million, as compared with the profit of HK$3.1 million for the previous year. Earnings per share were 2.2 Hong Kong cents (2009: 0.2 Hong Kong cents). DIVIDENDS For the six-month period ended 30 September 2009, the Company did not pay any interim dividend (2009: Nil). The Directors recommend a final dividend of 1.0 Hong Kong cent per share (2009: Nil) to be paid on 7 September 2010. MANAGEMENT DISCUSSION AND ANALYSIS BUSINESS REVIEW At the financial year-end, the Group operated a total of 54 shops (2009: 63), comprising 3 multi-label JOYCE stores, 20 mono-brand shops (including 4 Boss shops) and 6 JOYCE Beauty outlets in Hong Kong, 10 Marni shops in Hong Kong and Taiwan under the joint venture business with Marni International S.A., and 15 shops in mainland China including 9 directly operated shops and 6 sub-franchised Etro shops. Hong Kong A total of four new shops were opened during the year, including a 1,100-square-foot Balenciaga store at The Landmark in Central.
    [Show full text]
  • Guide to Hong Kong Health and Beauty Retail Stores Hong Kong November 2017
    GUIDE TO HONG KONG HEALTH AND BEAUTY RETAIL STORES HONG KONG NOVEMBER 2017 INTRODUCTION With a wealthy population of 7.3 million and a GDP of US$307 billion, Hong Kong is a large, high-value and expanding market for Australian products, including beauty and health products. Hong Kong is the second largest export market for Australian perfumery and cosmetic products, representing more than 13 per cent of the total exports. Australian cosmetics exports to Hong Kong grew by 24 per cent to about A$87 million (approximately HK$522 million) in 2016. It has more than doubled in the last seven years from A$26 million since 2010. (Source: Australian Bureau of Statistics on Global Trade Atlas) Australian cosmetic and skin care products have an international reputation for being safe, environmentally friendly and of high quality. Australia is also recognized as a quality, reliable source of cosmetics, skin care and health products, particularly in the natural and organic skincare categories. Last year more than 56.7 million visitors, including over 42.8 million mainland Chinese, came to shop in Hong Kong, with cosmetics and skin care items a key focus. Hong Kong is a significant market and an excellent testing ground for international products entering the region. TABLE OF CONTENTS Page Number Overview of Hong Kong Distribution Channels 2 Beauty and Health Products Retail Stores 1. Department Stores 4 2. Beauty Specialty Stores 7 3. Pharmacy Stores 9 4. Supermarkets 10 5. Multi-brand Shops 12 6. Health and Organic Stores 13 7. Australian Concept Stores 14 8. B2C e-Commerce Channels 15 Austrade Contacts 16 Hong Kong Beauty & Health Retailers 1 of 16 OVERVIEW OF HONG KONG DISTRIBUTION CHANNELS - BEAUTY AND HEALTH PRODUCT With virtually no local manufacturing, Hong Kong’s beauty product needs are overwhelmingly met by imports.
    [Show full text]