Giordano still vulnerable
Article Abstract:
Giordano International Ltd.'s stock shares are expected to fall further if the company fails to produce positive feedback on its China venture. Giordano's shares plunged 22% on Jan. 17, 1997, prompting the company to request the HongKong Stock Exchange to suspend trading for its shares. Investors believe Giordano's prospects in China are particularly important, because that is where most growth would come from. The Hong Kong-based clothing retailer, however, still encounters problems long after its founder, publishing magnate Jimmy Lai Chee-ying, criticized Chinese Premier Li Peng in print.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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McDonald's cooks up success in Hong Kong: fast-food giant finds cheap prices, adaptability bring in high volume
Article Abstract:
McDonald's success in Hong Kong is attributed to its ability to adapt to local cultures. Management was given to a Chinese chemical engineer, Daniel Ng, instead of the usual American executives. Promotion also plays a role in the fastfood chain's success as the launching of the Hello Kitty and Snoopy dolls resulted in massive queues. Another contributing factor is cheap prices despite the fact that Hong Kong is one of the most expensive markets in the world.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1999
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Armani plows ahead with new megastore in Hong Kong
Article Abstract:
Giorgio Armani's Armani Collezioni still plans to open a 2,700-square-meta megastore in Hong Kong despite tough economic times. The store itself and Armani's marketing plans, including the various Armani product lines and companies, are discussed.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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