Ellen Sheng

Bruce Rockowitz

Human Resources

Bruce Rockowitz Wants Global Brands Group to Be a Fashion Force

In 2014, Li & Fung spun off its branding and licensing business into Global Brands Group, now headed by Bruce Rockowitz.

clock February 11, 2016Ellen Sheng

Jewelry

Chow Tai Fook Holds Jewelry Auction

The event raised 33 million Hong Kong dollars, or $4.26 million.

clock April 20, 2015Ellen Sheng

Government and Trade

China Restricts Hong Kong Visits

China’s Ministry of Public Security has ruled that Shenzhen permanent residents will be restricted to just one visit a week to Hong Kong.

clock April 13, 2015Ellen Sheng

The Hub

Ready To Wear

Asian Brands Expand Role at The Hub

Tough European market adds to focus on brands from China and Korea.

clock March 26, 2015Ellen Sheng

Financial

Global Brands Group Profits Rise 25%

For the full year, net profit declined 8.2 percent to $104 million, while revenue rose 5 percent to $3.45 billion.

clock March 26, 2015Ellen Sheng

Designer and Luxury

Chinese Distributors Adapt to Fast-Changing Market

China’s slowing economy and austerity measures have been affecting luxury retailers, but it’s also hurting another group that’s not getting as much attention: distributors.

clock March 20, 2015Ellen Sheng

Li & Fung Limited

Financial

Li & Fung Profits Fall 12%

Weak spending, higher costs hit bottom line.

clock March 19, 2015Ellen Sheng

Financial

Li Ning Losses Widen in 2014

The namesake founder is to return to the helm of the troubled sportswear firm.

clock March 19, 2015Ellen Sheng

Dunhill ceo Fabrizio Cardinali, Korean Actor Ji Chang Wook and Dunhill designer John Ray.

Mens Retail Business

Dunhill Seeking Makeover and Expansion

Dunhill derives the majority of its sales from Asia, where it operates about 150 stores, excluding Japan.

clock March 19, 2015Ellen Sheng

Chanel RTW Fall 2015

Financial

Luxury Price Adjustments Likely to Trail Chanel

Few luxury companies are likely to match Chanel’s dramatic move to harmonize prices, which involves an imminent 20 percent price increase in Europe and a 20 percent drop in China, according to HSBC.

clock March 18, 2015Miles Socha

Fashion Scoops

Li Ning Teaming With Huami Technology for ‘Smart’ Running Shoe

Chinese sportswear company Li Ning has linked with software company Huami Technology to develop “smart” running shoes.

clock March 17, 2015Ellen Sheng

Gwyneth Paltrow

Parties

Stars Flock to Hong Kong for amfAR, Art Basel

A bevy of celebrities, including Gwyneth Paltrow, Kate Moss and Naomi Campbell, touched down in the city this weekend for the first amfAR gala coinciding with the latest edition of Art Basel in Hong Kong.

clock March 15, 2015Payal Uttam

A view of shoppers outside of the Cartier store in Shanghai's IFC mall.

Retail

Luxury Brands Suffer This Chinese New Year

New data from Hong Kong show that January sales sank to lows not seen since 2003 as tourist spending fell in the month building up to Chinese New Year.

clock March 3, 2015Charlotte Middlehurst

Financial

Esprit H1 Profit Falls 50%

The Hong Kong-based company blamed the drop on a combination of factors including currency and warm weather in Europe.

clock February 25, 2015Ellen Sheng

Government and Trade

Chinese Arrivals in Hong Kong Slip Over Chinese New Year

The number of mainland Chinese arrivals over the holiday period stayed basically flat this season, the worst performance the city has seen in 20 years.

clock February 24, 2015Ellen Sheng

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Procter & Gamble; Procter and Gamble Signage outside Procter & Gamble corporate headquarters in downtown Cincinnati. Procter & Gamble reports financial resultsEarns Procter Gamble, Cincinnati, USA

Business

P&G Releases Further Preliminary Breakdown of Peltz Vote

clock 2hAllison Collins

Social Studies