Hong Kong cosmetics retailing group Sa Sa International last week said its retail and wholesale sales jumped 20.1 percent to HKD1.91 billion (USD246.2 million) for the three months ended on 30 June 2013. Turnover in Hong Kong and Macau rose 24.8 percent to HKD1.53b, with same store sales growth of 17 percent. The group's retail and wholesale turnover in other markets, including Mainland China, Singapore, Malaysia, Taiwan and sasa.com, recorded a growth of 4.2 percent during the first quarter.
A consumer satisfaction survey shows that respondents have given the clothes shopping experience in Macau a score of 71.2 points on of a scale of 100 points, while Zhuhai outlets got only 64 points.
Luk Fook Holdings (International) Limited has opened its largest flagship store in in Macau on 8 June. The store has a total floor area of over 16,000 square feet and is the tenth outlet of the Group in Macau.
The store has a “Wedding Zone” which feature high-end products such as pink and blue diamonds and luxury watches.
“The rapid development of Macau in recent years has attracted a tremendous amount of tourists from Mainland China and overseas," said Wong Wai Sheung, Chairman and Chief Executive of the Group.
Jewellery retailer Luk Fook Holdings (International) Ltd announced recently that the same-store sales performance for the group’s self-operated shops in Macau and Hong Kong was up 29 percent for the first three months of 2013.
The bonuses paid to staff in Macau this year will only be the 14th-highest in the region, but they will be the fastest-rising, the results of a survey by Hong Kong's HR Business Solutions Asia Ltd suggest.
The average bonus paid this year by the 27 Macau companies surveyed, most of them retailers, will be 136 percent of monthly pay, according to Business Daily.
The government has given Maxon International Holdings Ltd permission to build a commercial building in Travessa da Sé, in the Senado area.
The authorisation was published yesterday in the Official Gazette.
According to our sister publication Business Daily, the three-storey shopping centre will be Hong Kong developer Henry Ng Chun For’s first project in Macau.
Hong Kong's cosmetic and beauty products retailer Sa Sa International Holdings Ltd announced that its Hong Kong and Macau sales during the Golden Week holiday period achieved a year-on-year growth of 19.5 percent.
The group posted same-store-sales growth of 12.4 percent as compared with the corresponding period in 2011, it said.
A total of 1,714 restaurants and similar establishments were in operation in Macau last year, up by 4 percent year-on-year. Data from the Statistics and Census Service released on Friday shows that the sector’s revenue increased by 11 percent year-on-year to MOP6.09 billion (USD761 million).
Smartphone manufacturer HTC has announced the appointment of Kinson Loo as general manager of Hong Kong and Macau.
Kinson will oversee the business operation and development of HTC Hong Kong and Macau. Kinson has over 20 years of extensive experience in the telecommunications industry and an outstanding record particularly in the mobile phone business.
Nine out of 10 local small- and medium-sized enterprises in Macau faced staffing issues last year, a new study conducted by the Macau Small and Medium Enterprises Association an the University of Macau found out.