Goldlion mulls closures
Article Abstract:
Clothing retailer Goldlion Holdings may consider closing retail counters if it continues to suffer losses. The company has already closed two shops in mid-1998 and it now has 17 sales counters in department stores. As its sales in China dropped due to the floods, it plans to strengthen its business in unaffected places. Besides, it has relocated production bases of ties, leather belts and small leather accessories to its industrial complex in Meizhou in a bid to reduce processing costs. Its shirt production line there is expected to contribute about 20% of the company's sales. *
Comment:
Considers closing retail counters if it continues to suffer losses
Publication Name: HK Standard
Subject: Business, international
ISSN:
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Landmark Japan visit to focus on economics
Article Abstract:
The Japanese Transport Ministry is reported to be lobbying hard for a proposal whereby a Japanese company would be responsible for the planned Shanghai-Nanjing section of the Beijing-Shanghai high-speed train line in China, construction of which is scheduled to begin in the year 2000. In a forthcoming visit to Japan of President Jiang Zemin of China, his itinerary will include a trip on a bullet train and a visit to the Seikan tunnel. *
Comment:
Japan: Transport Ministry is lobbying for Japanese co to handle Shanghai-Nanjing section of high-speed train line in China
Publication Name: HK Standard
Subject: Business, international
ISSN:
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Li plans office tower in Tokyo
Article Abstract:
Hong Kong's Pacific Century Group Holdings will build a 130 bn yen office-commercial building in Tokyo. Japan's largest general contractor Kajima Corp and Takenaka Civil Engineering & Construction are selected to develop the 4,854 sq m construction site. Construction will be commence in 1999. The 31-storey building will have 57,000 sq. meters of office space and 15,000 sq. meters of retail premises. *
Comment:
Will build a 130-bil-yen office-commercial building in Tokyo, Japan
Publication Name: HK Standard
Subject: Business, international
ISSN:
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Intelligent island. Tapping into technology
- Abstracts: kin don defies market in debut debt-free recor back on track Sharp jump in Hibor as concern over liquidity mounts
- Abstracts: new state bureau drafts plans to boost petrochemcial industries Hebei infrastructure funds to soar
- Abstracts: Plan to revise HPLS quota to 10,000 Lantau cable car ride to cover 5km route report sees office rents dropping further, property risks returns to fall
- Abstracts: Use of Kai Tak under review Moody's takes negative view of banks