consultant
HK's Central office rents likely to decline
Grade-A office rents in Hong Kong's central business district Central are likely to fall by 10 to 15 percent in the first half of the year amid shrinking demand from the business sector and growing competition from landlords in less central areas, according to property consultant Knight Frank.
As tenants are inclined to relocate to cheaper locations, rents in non-core districts such as Causeway Bay, Quarry Bay and Wan Chai could rise by up to 5 percent over the period, it said.
Taking Stock: The "soft" and "hard" issues - What retailers in Australia and across Asia should know for better businesses
The weak retail sales in Australia has caused headache for retailers in the country. Retail in Asia recently caught up with retail expert Stuart Bennie, a consultant from Australia-based Impact Retailing, to learn about his opinion on the Australian market. During the interview, he highlighted the "soft issues" and the "hard issues" that retailers should learn for better profits. He also introduced Impact Retailing, a substantial retail consulting company devoting to help retailers across Asia, and the company's experience in Asia.
Why Chinese don't fancy fragrance yet
The Chinese may admire the West and adopt many of its luxury products and preferences, but not so with fragrances.
"Fragrances do not have as long a history in China as in the West," explained Wu Zhigang, chief marketing consultant of Shengshi Chuanmei Consultancy Co. He continued, "Foreign perfume companies should find a strategy suited to the market, if they want to develop the business in China. They should pay more attention to consumers’ preferences."
Japan lost autos output to hit 338,000 through Friday
Japan automakers in the first two weeks after the 11 March earthquake and tsunami will lose about 65 percent in light vehicle production, industry consultant IHS Automotive Insight said on Monday in a report.
Japan output is normally about 37,200 vehicles per day, or about 521,000 in a two-week period. IHS said that nearly 338,000 vehicles of that production through Friday will have been lost.
Video interview: Leveraging China's insatiable demand for luxury
Aaron Fischer, head of Asian consumer & gaming research at CLSA Asia-Pacific Markets, a financial consultant firm, says investors can get solid exposure to China's luxury goods demand by buying Hong Kong listed retailers such as Emperor Watch & Jewelry and Chow Sang Sang.
Angel's Pizza to expand in the Philippines next year
The Philippine newest but fastest growing pizza company, Angel’s Pizza Pasta Combo, is optimistic of the company’s growth next year with the planned opening of four new stores.
It’s looking at expanding in Antipolo, Quezon City and Makati, according to Annesy Del Mundo, Angel’s Pizza public relations consultant.
HNA Group names new culture and art consultant and Capital Airlines' ambassador
Chinese HNA Group announced last week that Fan Zeng was appointed as the group's general culture and art consultant and Capital Airlines' ambassador.
Fan Zeng is a Chinese culture master skilled in poetry, calligraphy, paintings, history and philosophy.
100 malls expected to pop up in 7 Indian cities by 2012, says JLL report
Nearly 100 shopping malls are likely to come up in India by 2012 in seven major cities on the expectation of increased demand from retailers, according to a report from property consultant Jones Lang LaSalle.
It said there are 193 shopping centres currently operational in Delhi-New Capital Region, Mumbai, Chennai, Pune, Kolkata, Hyderabad and Bangalore.
Are you a great store manager?
At the most basic level, every successful retailer must know how to display merchandise, schedule staff and take inventory. But those basic retail skills are only part of the picture when it comes to owning or managing a store.
"Champion" store managers also possess an array of personal attributes that transform employees into top performers. "Great store managers first and foremost have people skills," notes Shep Hyken, a St. Louis-based retail consultant. "Managing on the store level means meeting and motivating the retail staff."
Indonesia now on everyone’s radar screen, says consultant
Indonesia is starting to get the attention it deserves and can no longer be ignored by multinational companies seeking growth, according to James Castle, an American business consultant with 30 years' experience in the country.
Indonesia's visibility in the Group of 20 and its economic resilience during the global downturn over the past 18 months has started to attract attention from companies across the globe, said Castle.
