Bauhaus in sales slide
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Denim retailer Bauhaus says its same store sales have slumped in Taiwan and Hong Kong in the last quarter.
Same store sales fell 17 per cent in Taiwan and nine per cent in Hong Kong, but remained stable in Mainland China.
The Hong Kong-listed street fashion retailer has 211 self-managed stores – 96 in Taiwan, 86 in Hong Kong and Macau and 29 in the mainland.
Quarter on quarter it added three in Hong Kong-Macau, one in Taiwan and closed two in the mainland.
Bauhaus did not offer any commentary on the figures.
The retailer sells a range of imported denim and t-shirt brands including Desigual, Evisu, Superdry, True Religion and Red Pepper.
Questions & Answers
Q.What was the extent of the sales decline in Bauhaus's main markets?
What was the extent of the sales decline in Bauhaus's main markets?
Same store sales fell by 17 per cent in Taiwan and 9 per cent in Hong Kong during the last quarter. Mainland China's sales remained stable.
Q.How many stores does Bauhaus currently operate and where are they located?
How many stores does Bauhaus currently operate and where are they located?
Bauhaus operates 211 self-managed stores in total. There are 96 in Taiwan, 86 in Hong Kong and Macau, and 29 in Mainland China.
Q.Did Bauhaus expand or reduce its store count last quarter?
Did Bauhaus expand or reduce its store count last quarter?
Bauhaus added three stores in Hong Kong-Macau and one in Taiwan, while closing two stores in Mainland China over the last quarter.
Reader pulse
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