Saint Honore Cake Shop
Encyclopedia
Saint Honore Cake Shop is one of the largest bakery
and cake
chain stores in Hong Kong
. In 2009, it now has more than 80 outlets in Hong Kong. It is parented
by Convenience Retail Asia Limited, the retailing
flagship
of Li & Fung
.
Bakery
A bakery is an establishment which produces and sells flour-based food baked in an oven such as bread, cakes, pastries and pies. Some retail bakeries are also cafés, serving coffee and tea to customers who wish to consume the baked goods on the premises.-See also:*Baker*Cake...
and cake
Cake
Cake is a form of bread or bread-like food. In its modern forms, it is typically a sweet and enriched baked dessert. In its oldest forms, cakes were normally fried breads or cheesecakes, and normally had a disk shape...
chain stores in Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...
. In 2009, it now has more than 80 outlets in Hong Kong. It is parented
Parent company
A parent company is a company that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors; the second company being deemed as a subsidiary of the parent company...
by Convenience Retail Asia Limited, the retailing
Retailing
Retail consists of the sale of physical goods or merchandise from a fixed location, such as a department store, boutique or kiosk, or by mail, in small or individual lots for direct consumption by the purchaser. Retailing may include subordinated services, such as delivery. Purchasers may be...
flagship
Flagship
A flagship is a vessel used by the commanding officer of a group of naval ships, reflecting the custom of its commander, characteristically a flag officer, flying a distinguishing flag...
of Li & Fung
Li & Fung
Li & Fung Limited is a global trading group, based in Hong Kong, that supplies high-volume, time-sensitive consumer goods. Garments make up around two-thirds of the Li & Fung business which also covers the sourcing of hardgoods such as fashion accessories, furnishings, gifts, handicrafts, home...
.
History
- 1972: Saint Honore Cake Shop Limited was established with the first shop set up in Happy Valley, Hong KongHappy Valley, Hong KongHappy Valley is a mostly residential suburb of Hong Kong, located in the northern part of Hong Kong Island. Administratively, it is part of Wan Chai District....
. - 1991: It was acquiredTakeoverIn business, a takeover is the purchase of one company by another . In the UK, the term refers to the acquisition of a public company whose shares are listed on a stock exchange, in contrast to the acquisition of a private company.- Friendly takeovers :Before a bidder makes an offer for another...
by Hong Kong Catering Management Limited. - 1992: It opened its first outlet in MacauMacauMacau , also spelled Macao , is, along with Hong Kong, one of the two special administrative regions of the People's Republic of China...
. - 1993: It established an automated bakery production line in Kowloon BayKowloon BayKowloon Bay is a bay located at the east of the Kowloon Peninsula and north of Hong Kong Island in Hong Kong. It is the eastern portion of Victoria Harbour, between Hung Hom and Lei Yue Mun...
. - 1995: It established an automated manufacturing plant in ShenzhenShenzhenShenzhen is a major city in the south of Southern China's Guangdong Province, situated immediately north of Hong Kong. The area became China's first—and one of the most successful—Special Economic Zones...
. - 1997: It was awarded ISO 9001 certificate.
- 2000: Saint Honore Holdings Limited was listed on the Hong Kong Stock ExchangeHong Kong Stock ExchangeThe Hong Kong Stock Exchange is a stock exchange located in Hong Kong. It is Asia's third largest stock exchange in terms of market capitalization behind the Tokyo Stock Exchange and the Shanghai Stock Exchange and fifth largest in the world...
. - 2002: It opened its first outlet in GuangzhouGuangzhouGuangzhou , known historically as Canton or Kwangchow, is the capital and largest city of the Guangdong province in the People's Republic of China. Located in southern China on the Pearl River, about north-northwest of Hong Kong, Guangzhou is a key national transportation hub and trading port...
. - 2007: It was acquired and privatized by Convenience Retail Asia.