Posted in May 25, 2011 ¬ 3:00 pmh.admin
Hong Kong is fast becoming the IPO capital for luxury brands. While it is no surprise that Prada plans to raise $2 billion, even local retailer Milan Station which sells 2nd hand designer bags can raise $35 million for its 25% stake. “Retailers continued their moves to tap billions of dollars from Hong Kong investors, [...]
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Posted in March 14, 2011 ¬ 10:41 amh.admin
Wow, tree lined streets and green space, that will be a welcomed sight indeed for the concrete jungle that is Hong Kong. [Read more..]
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Posted in October 20, 2010 ¬ 1:45 pmh.admin
Pak Fook, a 30-year old Hong Kong soy product brand acquired by Nestle in 1986, has launched a campaign to find a new brand ambassador with two conditions – 45 years old or above and already a grandmother. The winner gets a prize of $129K. The brand hopes to reconnect and strengthen its bond with [...]
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Posted in October 7, 2009 ¬ 2:37 pmh.admin
HSBC has decided to shift its global headquarters from London to Hong Kong. It is about time. First of all, two thirds of HSBC’s business is in Asia. Secondly, HSBC stands for ‘HongKong Shanghai Banking Corporation’. So choosing one of the two location namesakes should have been a natural choice. HSBC opened its first branch [...]
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