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Hong Kong-listed women’s footwear label Daphne International is withdrawing its physical retail stores from Mainland China and Taiwan in the face of steep losses. The brand’s most recent interim financial report shows an 85-per-cent drop in turnover to…
Hong Kong-listed shoe retailer Daphne International has reported a third quarter same store sales slump of 19.7 per cent as it continues to cull its store network. As earlier reported, Daphne issued a profit warning in July after reporting a fall in same…
Hong Kong-listed shoe retailer Daphne International Holdings has issued a profit warning as it shutters nearly 200 stores. Daphne operates the Daphne and Shoebox retail brands in Mainland China. The company has reported the year on year, same store sales fell…
