
Giordano Net Profit Drops to HK$108 Million as Asian Margins Lag
Disproportionate profits from the Gulf masked sluggish returns across Greater China and Southeast Asia as store closures reduced the group network to 1,509 doors.
Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.

Disproportionate profits from the Gulf masked sluggish returns across Greater China and Southeast Asia as store closures reduced the group network to 1,509 doors.

The city sits two points behind New York and one behind London as Asian hubs command 40 per cent of worldwide financial transactions.

The new extended-range electric SUV undercuts its initial pre-sales price by 40,000 yuan as the revived brand targets six new energy models over five years.

Apple secured a record 20 per cent global June quarter share while Chinese Android makers pulled back from entry-level handsets to manage component costs.

Private label sales climbed 10.3 per cent to account for nearly a fifth of total turnover as the snack retailer defended margins against cross-border shopping competition.

Customs officers detained a saleswoman linked to a closed Sha Tin New Town Plaza outlet formerly operated by Sayles Retail.

The Hong Kong jeweller launched a 10,000-square-foot Canton Road flagship and entered Bangkok’s Siam Paragon as part of an aggressive push into high-end retail.

The Chinese tech group expanded the facility from an initial $20 billion target after drawing substantial commitments from lenders.

The online fast-fashion group commanded a US$26.5 billion market valuation on its first day of trading, down from peak private valuations of US$100 billion.

Individual investors placed 5.98 trillion yuan in orders for the AI chipmaker as it raised 6.12 billion yuan on Shanghai’s STAR Market.

The mid-to-large family SUV offers pure electric and plug-in hybrid options across eight variants, seating five or six passengers.

TikTok Shop expanded its US broadcast sessions by 60 per cent in the first half of 2026 as live commerce sales grew rapidly.

Watches and jewellery purchases surged 80 per cent among loyalty members as the Tsim Sha Tsui shopping hub enters the final stage of its retail revamp.

The Chinese automaker plans to scale its underfloor X-Pack battery architecture to build sub-4.2-metre electric vehicles for export markets.

New commerce ministry guidelines instruct vehicle exporters to respect local dealer pricing and secure connected-car data after shipping 2.77 million EVs through July.

Yves Saint Laurent led regional expansion with 30 per cent annual gains while Gucci saw its revenue share across the group drop to 48 per cent.
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