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Watson's Wine
Watson's Wine is a wine retailer in Hong Kong and a member of the A.S. Watson Group (ASW), a wholly owned subsidiary of CK Hutchison Holdings Limited (CK Hutchison). They offer a comprehensive selection of fine wine, spirits, accessories and cigars. With vintages sourced directly from over 20 countries, Watson's Wine lists over 2,000 different wines, more than 400 of which are "exclusive" and cannot be found elsewhere. A distinctive feature of each retail store is the Fine Wine Room containing over 300 different vintages ranging from the top Chateaux from Bordeaux to emerging New World Classics from around the world. It opened its first store in International Finance Centre, Central, Hong Kong in 1998. It is now the largest specialist wine store in Hong Kong, which has 20 retail stores in Hong Kong, 2 retail stores in Macau and an online shopping site . All staff in the stores are required to pass the "Wine & Spirit Education Trust The Wine & Spirit Education Trust, of ...
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Privately Owned Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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Bordeaux
Bordeaux ( ; ; Gascon language, Gascon ; ) is a city on the river Garonne in the Gironde Departments of France, department, southwestern France. A port city, it is the capital of the Nouvelle-Aquitaine region, as well as the Prefectures in France, prefecture of the Gironde department. Its inhabitants are called "''Bordelais'' (masculine) or "''Bordelaises'' (feminine). The term "Bordelais" may also refer to the city and its surrounding region. The city of Bordeaux proper had a population of 259,809 in 2020 within its small municipal territory of , but together with its suburbs and exurbs the Bordeaux Functional area (France), metropolitan area had a population of 1,376,375 that same year (Jan. 2020 census), the sixth-most populated in France after Paris, Lyon, Marseille, Lille, and Toulouse. Bordeaux and 27 suburban municipalities form the Bordeaux Métropole, Bordeaux Metropolis, an Indirect election, indirectly elected Métropole, metropolitan authority now in charge of wi ...
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Retail Companies Established In 1998
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is the sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a long history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provision of cr ...
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Wine & Spirit Education Trust
The Wine & Spirit Education Trust, often referred to as WSET, is a global organization which arranges courses and exams in the fields of wine, spirits, beer, and sake. WSET was founded in 1969, is headquartered in London and is generally regarded as one of the world's leading providers of drinks education. In 2016, it opened its first international office, WSET Asia Pacific, in Hong Kong in response to high demand for drinks education across Greater China. In 2018, it opened WSET Americas in Hartford, CT, USA. History and management WSET grew out of the Wine and Spirit Trade Association Education Committee and was set up with the financial assistance of the Worshipful Company of Vintners. The management of the WSET reports to a board of trustees made up of 8 members: three from The Worshipful Company of Vintners, three from the Wine and Spirit Trade Association, one from the Worshipful Company of Distillers and another one from the Institute of Masters of Wine. Michelle Bramp ...
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Employment
Employment is a relationship between two party (law), parties Regulation, regulating the provision of paid Labour (human activity), labour services. Usually based on a employment contract, contract, one party, the employer, which might be a corporation, a not-for-profit organization, a co-operative, or any other entity, pays the other, the employee, in return for carrying out assigned work. Employees work in return for wage, wages, which can be paid on the basis of an hourly rate, by piecework or an annual salary, depending on the type of work an employee does, the prevailing conditions of the sector and the bargaining power between the parties. Employees in some sectors may receive gratuity, gratuities, bonus payments or employee stock option, stock options. In some types of employment, employees may receive benefits in addition to payment. Benefits may include health insurance, housing, and disability insurance. Employment is typically governed by Labour law, employment laws, o ...
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Online Shopping
Online shopping is a form of electronic commerce which allows consumers to directly buy goods or services from a seller over the Internet using a web browser or a mobile app. Consumers find a product of interest by visiting the website of the retailer directly or by searching among alternative vendors using a shopping search engine, which displays the same product's availability and pricing at different e-retailers. customers can shop online using a range of different computers and devices, including desktop computers, laptops, tablet computers and smartphones. Online stores that evoke the physical analogy of buying products or services at a regular "brick-and-mortar" retailer or shopping center follow a process called business-to-consumer (B2C) online shopping. When an online store is set up to enable businesses to buy from another business, the process is instead called business-to-business (B2B) online shopping. A typical online store enables the customer to browse t ...
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Macau
Macau or Macao is a special administrative regions of China, special administrative region of the People's Republic of China (PRC). With a population of about people and a land area of , it is the most List of countries and dependencies by population density, densely populated region in the world. Formerly a Portuguese Empire, Portuguese colony, the territory of Portuguese Macau was first leased to Portugal by the Ming dynasty as a trading post in 1557. Portugal paid an annual rent and administered the territory under Chinese sovereignty until 1887, when Portugal gained perpetual colonial rights with the signing of the Sino-Portuguese Treaty of Peking. The colony remained under Portuguese rule until the 1999 handover to China. Macau is a Special administrative regions of China, special administrative region of China, which maintains separate governing and economic systems from those of mainland China under the principle of "one country, two systems".. The unique blend of Port ...
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Central, Hong Kong
Central (Chinese: 中環), also known as Central District, is the central business district of Hong Kong. It is located in the northeastern corner of the Central and Western District, on the north shore of Hong Kong Island, across Victoria Harbour from Tsim Sha Tsui, the southernmost point of Kowloon Peninsula. The area was the heart of Victoria, Hong Kong, Victoria City, although that name is rarely used today. As the central business district of Hong Kong, it is the area where many multinational financial institution, financial services corporations have their headquarters. Consulates of many countries are also located in this area, as is Government Hill, the site of the Government of Hong Kong, government headquarters until 2011. The area, with its proximity to Victoria Harbour, has served as the centre of trade and financial activities from the earliest days of the History of Colonial Hong Kong (1800s–1930s), British colonial era in 1841, and continues to flourish and ser ...
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International Finance Centre (Hong Kong)
The International Finance Centre (abbreviated as IFC) is a skyscraper and integrated commercial development on the Victoria Harbour, waterfront of Hong Kong's Central and Western District, Central District. A prominent landmark on Hong Kong Island, IFC consists of two skyscrapers (1 IFC and 2 IFC), the IFC mall, and the 55-storey Four Seasons Hotel Hong Kong, respectively. 2 IFC is the second-tallest building in Hong Kong at a height of , behind the International Commerce Centre in West Kowloon, and the List of tallest buildings, 38th-tallest building in the world. It is the fourth-tallest building in China and the eighth-tallest office building in the world, based on structural heights; it is of similar height to the former World Trade Center (1973–2001), World Trade Center. The Airport Express (MTR), Airport Express Hong Kong station is directly beneath it, with subway lines to Hong Kong International Airport. IFC was constructed and is owned by IFC Development, a consor ...
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New World
The term "New World" is used to describe the majority of lands of Earth's Western Hemisphere, particularly the Americas, and sometimes Oceania."America." ''The Oxford Companion to the English Language'' (). McArthur, Tom, ed., 1992. New York: Oxford University Press, p. 33: "[16c: from the feminine of ''Americus'', the Latinized first name of the explorer Amerigo Vespucci (1454–1512). The name ''America'' first appeared on a map in 1507 by the German cartographer Martin Waldseemüller, referring to the area now called Brazil]. Since the 16th century, the term "New World" has been used to describe the Western Hemisphere, often referred to as the Americas. Since the 18th century, it has come to represent the United States, which was initially colonial British America until it established independence following the American Revolutionary War. The second sense is now primary in English: ... However, the term is open to uncertainties: ..." The term arose in the early 16th ...
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Vintages
In winemaking, vintage is the process of picking grapes to create wine. A vintage wine is one made from grapes that were all, or primarily, grown and harvested in a single specified year. In certain wines, it can denote quality, as in Port wine, where Port houses make and declare vintage Port in their best years. From this tradition, a common, though not strictly correct, usage applies the term to any wine that is perceived to be particularly old or of a particularly high quality. Most countries allow a vintage wine to include a portion of wine that is not from the year denoted on the label. In Chile and South Africa, the requirement is 75% same-year content for vintage-dated wine. In Australia, New Zealand, and the member states of the European Union, the requirement is 85%. In the United States, the requirement is 85%, unless the wine is designated with an AVA, (e.g., Napa Valley), in which case it is 95%. Technically, the 85% rule in the United States applies equally to impo ...
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Li Ka-shing
Sir Ka-shing Li (; born 29 July 1928) is a Hong Kong billionaire business magnate, investor, and philanthropist. He is the senior advisor for CK Hutchison Holdings and CK Asset Holdings, after he retired from the Chairman of the Board in May 2018; through it, he is an investor, developer, and operator of the largest health and beauty retailer in Asia and Europe. In July 2023 Li was the 33rd richest person in the world, with an estimated net wealth of . In the March 2024 Forbes list of The Richest People In The World Li Ka-shing was ranked 38th with a net worth of $37.3 billion. Li invests in a wide array of industries, including transportation, real estate, financial services, retail, and energy and utilities. His conglomerate company Cheung Kong Holdings invests in many sectors of the Hong Kong economy and made up 4% of the aggregate market capitalisation of the Hong Kong Stock Exchange. ''Forbes Magazine'' and the Forbes family honoured Li Ka-shing with the first ever Ma ...
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