Insight: How Samsung is beating Apple in China

Published : 12:00 am  July 30, 2013  |  Category: Other Sectors  |  Leave a Comment  |  715 views  |  

China/SEOUL (Reuters): Apple Chief Executive Tim Cook believes that “over the arc of time” China is a huge opportunity for his path breaking company. But time looks to be on the side of rival Samsung Electronics Co Ltd., which has been around far longer and penetrated much deeper into the world’s most populous country. Apple Inc. this week said its revenue in Greater China, which also includes Hong Kong and Taiwan, slumped 43% to $ 4.65 billion from the previous quarter. That was also 14% lower from the year-ago quarter. Sales were weighed down by a sharp drop in revenues from Hong Kong. “It’s not totally clear why that occurred,” Cook said on a conference call with analysts. Neither... 


Fashion Bug partners with Amante

Published : 12:00 am  July 30, 2013  |  Category: Other Sectors  |  Leave a Comment  |  3,894 views  |  

Sri Lanka’s premier fashion retail store Fashion Bug was the venue for the 25th outlet of Amante, the exclusive lingerie line by MAS which is fast gaining popularity both here and abroad. Nisha Amalean was the Chief Guest at the opening, along with Directors of Fashion Bug and other invitees. On sale will be the fashion range featuring the Spring- Summer collection and the Autumn-Winter collection, as well as the year-long essential collection. Fashion Bug is making strides in the retail clothing industry in Sri Lanka keeping up with the changing lifestyles of today’s fashion conscious Sri Lankan man and woman.  “We are making changes in our clothing lines as we speak. Sri Lanka today... 


Canon cuts profit outlook as China slowdown hits cameras

Published : 12:00 am  July 30, 2013  |  Category: Other Sectors  |  Leave a Comment  |  10,821 views  |  

 Canon cuts full-year op profit forecast 16% to Y380 b Trims interchangeable lens-camera sales target to 9 m vs. 9.2 m Blames China, emerging markets for weaker than expected demand TOKYO (Reuters): Japan’s Canon Inc. cut its profit forecast for the year to December and trimmed its sales targets for both high-end and compact digital cameras as a slowdown in China and other emerging economies caught the company off-guard. Canon, the world’s largest maker of digital cameras, kicked off the quarterly earnings reporting season for Japan’s big-name tech manufacturers by cutting its operating profit forecast to 380 billion yen ($ 3.81 billion), down 16% from guidance issued just three months... 


Spread out a feast with Singer Microwave Ovens

Published : 12:00 am  July 30, 2013  |  Category: Other Sectors  |  Leave a Comment  |  1,015 views  |  

The Singer Microwave Oven, Sri Lanka’s number one microwave, makes life so much simpler for busy homemakers. With its range of power- and time-saving features, the Singer microwave oven can turn out juicy grilled prawns in six minutes, delicious dhal curry in 12 minutes and mouth watering caramel pudding in 15 minutes. Home cooks can use a simple flat-bottomed clay pot to prepare meals in the Singer microwave oven, which has a maximum power output of 900W and a cooking capacity of 23 litres. A simple push-button interface, coupled with user-friendly features, takes the complexity of old-fashioned cooking out of the kitchen. Singer also produces a 25 litre capacity convection microwave oven... 


FJ Benjamin inks Sri Lanka franchise for Raoul

Published : 12:00 am  July 30, 2013  |  Category: Other Sectors  |  Leave a Comment  |  1,083 views  |  

 First Raoul store to open in Colombo Raoul, Singapore’s leading international fashion label, has inked a franchise agreement in Sri Lanka, the second this year after a similar deal in China in May 2013. The franchisee, Sri Lankan-based White Lotus Fashions Ltd., will open the first standalone Raoul store in Colombo in December 2013 to be housed in a refurbished colonial project in the heart of the city. White Lotus Fashions is a member of Rayynor Silva Holdings Company. Dr. Dilini Silva, Managing Director of White Lotus Fashions, said: “We are excited to enter into this franchise relationship with Raoul in Sri Lanka and we look forward to establishing Raoul as a leading luxury fashion... 


Asian shoppers throb more for designer wear: Nielsen

Published : 12:00 am  July 30, 2013  |  Category: Other Sectors  |  Leave a Comment  |  657 views  |  

Bloomberg (PARIS): Asian consumers are more inclined to shop impulsively and pay extra for designer goods than people from other regions, according to a study by market research firm The Nielsen Company. Forty percent of shoppers from the Asia Pacific region say they often buy on a whim things they don’t need, compared to about a third of global respondents, Nielsen found in a survey of more than 29,000 online consumers in 58 countries. Sixty-one percent of Asians are prepared to spend more on designer goods than for similar unbranded items, exceeding the global average by 17 percentage points, according to the researcher. “Indians and Chinese are among the most impulsive and brand image-driven... 


LG Elec Q2 profit dips; eyes on August smartphone launch

Published : 12:00 am  July 30, 2013  |  Category: Other Sectors  |  Leave a Comment  |  240 views  |  

 Q2 operating profit 479 b won vs. 457 b won forecast TV profits fall to 106.5 b won from 304 b won year ago Smartphone shipments at record 12.1 m, margin squeezed on marketing Air conditioning profit almost doubles from a year ago SEOUL (Reuters): LG Electronics Inc., the world’s number two TV maker, reported a 9% fall in quarterly profit, beating expectations as record sales of air conditioners and a recovery in smartphones offset tighter margins and sluggish TV sales. The air conditioning business made the strongest earnings contribution with a 171 billion won ($ 153.1 million) profit, almost double a year ago, thanks to solid sales of high-end units and new products. Smartphone sales... 


Designer makes Delhi’s runway ‘City Of Pompeii’ with ancient Roman style couture

Published : 12:00 am  July 30, 2013  |  Category: Other Sectors  |  Leave a Comment  |  662 views  |  

New Delhi: One of India’s foremost couturiers, Suneet Varma, whose collection immortalizes glamour and glitz, showcased his ensemble inspired by Ancient Rome, ‘the City of Pompeii’ on day five of the ongoing India Bridal Fashion Week in New Delhi on Saturday (27 July). Ancient Roman style designs such as handmade lace with gentle drapes, handmade accessories- dangling earrings, headdress, rings and golden bracelet set the runway back into times of historic City of Pompeii. Varma managed to bring forward some unique designs on the ramp. Meanwhile, renowned fashion designer Adarsh Gill showcased her collections ‘evolution’, which was an ode to the contemporary Indian woman. Her designs... 


Dig into the best ribs in town at the Cheers Pub

Published : 12:50 pm  July 26, 2013  |  Category: Other Sectors  |  Leave a Comment  |  749 views  |  

If you haven’t already dug into the best ribs in town, then hurry on over to Cinnamon Grand’s Cheers Pub and savour the offers at the ongoing ribs promotion. On only during the month of July, the menu lists out a variety of flavours and preparation methods to choose from, all made with the freshest, meatiest and most succulent of beef and pork ribs. So if you are a ribs fan, then you had better make it a point to try it out before the month is through! Up for grabs is a diverse menu with Texas spicy barbecued beef ribs, Sticky teriyaki roast beef ribs, Mexican beef and pork ribs, pork ribs with sweet onion gravy, smoked chilli and honey pork ribs, honey mustard pork ribs, barbecued pork ribs,... 


Ifthar snacks at Galadari

Published : 12:48 pm  July 26, 2013  |  Category: Other Sectors  |  Leave a Comment  |  453 views  |  

The Galadari Hotel has the most mouthwatering Ifthar snacks on offer, made available at the Café 64 from 10 July to 10 August 2013 from 3 p.m. onwards, where you can experience the most delicious selection of the freshest Ifthar snacks. Café 64 offers a wide selection of snack options for you to choose from. This not only provides an easy and convenient solution but also you will enjoy the best and tastiest Ifthar snack options. Choose from a selection of sumptuous snacks including beef, chicken or vegetable godamba, pasthol, beef and fish patties, vegetable and green pea samosa, golden fried fish croquettes, peppered egg and green chilli sandwich, chicken shawarma, spiced beef potato pie,... 


Page 79 of 220« First...102030...7778798081...90100110...Last »