Shoppers flood mall since doors opened in November

Article Abstract:

The six-storey Festival Walk shopping center in Kowloon is the biggest mall in Hong Kong. Since its opening in Nov 1998, the mall has been attracting a record number of visitors, its traffic bolstered daily by thousands of commuters who stream in from the two terminals nearby. However, observers say that the crowds have not necessarily translated into bigger sales and the verdict on the mall's viability is still uncertain. Festival Walk's developers, however, call it a success, noting that the center was intended to serve as a convenient alternative to the malls of Hong Kong Island.

Land Subdivision and Land Development, Shopping Center Developers, Management, Real estate developers, Retail trade, Hong Kong, Citic Pacific Ltd., Shopping centers, Swire Properties Inc.

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Leadership suits Michael Ying, chief executive of Esprit

Article Abstract:

Esprit Holdings Ltd's Chmn and CEO Michael Ying believes that his business success is due to his knowledge of work delegation and leadership and not on management. Ying, who started Esprit in the 1970s as the Asian partner of Esprit de Corp of San Francisco, CA, is credited for building the company into a brand name that is recognized around the world. Ying believes that successful management requires being a good communicator, focus and practicality.

United States, Executive changes & profiles, Clothing and Clothing Accessories Stores, Specialty Chain Stores, Officials and employees, Interview, Chief executive officers, Clothing stores, Esprit Holdings Ltd., Ying, Michael

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