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Fashion group Bauhaus saw turnover fall 58.1 percent to $47.9 million during the year to 31 March 2021, pushing gross profit down 55 percent to $31 million. The group was able to deliver a net profit result of $12.8 million – a vast improvement on last year’s…
Bauhaus International (0483) said same-store sales growth of its self-managed offline shops fell by 38 percent year-on-year for the three months ended December last year. In Hong Kong and Macau, the same-store sales performance of its self-managed retail…
Local apparel retailer Bauhaus International (0483) has revealed an intention to close all its retail stores outside Hong Kong and Macau by the end of March. The group’s loss outside Hong Kong and Macau expanded more than 13 times to HK$78.4 million in 2019…
Hong Kong fashion group Bauhaus International says it will close up to 10 loss-making stores in Hong Kong. The closures will lead to the laying off of 100 staff, over and above the 200 jobs it culled between April and September last year. Bauhaus retails…
Crumpler expands its distribution network in Hong Kong and the Philippines; plans pop-ups. Australian bag manufacturer Crumpler has taken on two new distribution partners in Asia. With the introduction of new partners Bauhaus Holdings in Hong Kong and…
Sands Cotai Central has opened phase four of its retail offer, adding almost 100,000sqft of retail space and 25 retailers. At the heart of the expansion is an Apple store, which opens today. The new space is home to several brands new to Macao: Calvin Klein…
Despite fewer shops, apparel company Bauhaus International saw same-store sales edge up for its year to 31 March. While the rise was 3 per cent for its self-managed offline shops for the 12 months, the last quarter saw sales jump 12 per cent. Bauhaus designs…
With two more shops at year’s end, apparel company Bauhaus International (Holdings) had a modest rise in same-store sales for its latest nine months. The quarter reverses a trend of declining sales and store closures by the streetwear retailer. Unaudited…
Same-store sales for clothing retailer Bauhaus International in Hong Kong and Macau have dropped 10 per cent year-on-year for the three months ended December 31. The streetwear retailer designs and makes apparel and accessories which it wholesales and retails…
Hong Kong clothing retailer Bauhaus International (Holdings) Ltd saw its annual net profit plummet by 59.1 per cent to HK$52.9 million (US$6.6 million) for its past fiscal year, due to the plunge in the company’s earnings from the Hong Kong and Macau markets.…
Fashion icon Esprit is making headlines again, this time for the profitable sale of its Hong Kong headquarters. The struggling retailer said it made a profit of HK$725 million (US$93.53 million) from the sale of the premises — five floors in Enterprise Square…
Fashion retailer Bauhaus has reported a net loss of HK$26.6 million for the first half year after sales tumbled in key markets. In Taiwan, where it has 95 stores and counters, stagnant retail sentiment and weak consumption presented great challenges, with…
Denim retailer Bauhaus International says its same-store sales in Hong Kong and Macau fell seven per cent in its second half year to September 30. The Hong Kong-listed street fashion retailer had 211 self-managed stores at the end of the first half year – 96…
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…
