Law a la mode — Winter 2012–13 (China and global spending)
The Hong Kong editorial team is pleased to bring to you this Winter 2012–13 edition of Law à la Mode, the legal magazine distributed to selected contacts around the world by DLA Piper’s Fashion, Retail and Design group.
In the wake of Christmas and with new year sales hitting the stores, retailers are in the midst of their busiest time of the year. This is never more true than in Hong Kong, known for its dense concentration of glitzy malls lined with famous labels and big-name couture boutiques, and with much of its economy dependent on the retail sector. Despite the slowdown in consumer spending in most parts of the world, retail sales in Hong Kong grew almost 10 percent in value from last year. In this edition, we share with you the reasons behind this growth and highlight the huge growth of traditional shopping malls in China as retailers attempt to capture the opportunities arising out of the rapid surge of personal wealth in China. We also highlight a key pitfall which Western brands face when looking to exploit this giant market in Asia…
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News from DLA Piper
News from The Lawyer
Briefings from DLA Piper
Investment in US real estate by non-US investors is increasing.
Last December, bitcoin prices plummeted by nearly half, after Chinese authorities banned all financial institutions in China from engaging in bitcoin-related business.
Analysis from The Lawyer
Shearman & Sterling is making its presence felt in the City, squaring up to magic circle firms and looking to muscle in on key relationships. Private equity house Bridgepoint is one outfit that has had its head turned by the US firm.
A new breed of lawyer is smoothing the path for companies entering emerging or unstable jurisdictions