Topic
30 stories in this topic
Hong Kong casual-apparel brand Giordano International has reported a small increase in sales for last year – and a dip in profit. Group-wide sales reached HK$5.509 billion last year, up 1.8 per cent, with same-store sales down a marginal 0.1 per cent. Profit…
Giordano sales slid 5.2 per cent in the September quarter, according to a trading update by the fast-fashion retailer. Translated into constant currency basis, sales declined by 6.9 per cent, the company said. “We saw a sharp decline in sales as a result of…
Giordano Middle East has opened six new stores and relaunched its e-commerce platform. The new stores are located at the Ajman City Center and Ibn Battuta Mall in the UAE, Riyadh Park, Villaggio Mall and Lulu Briman in Saudi Arabia and at Al Kout Mall in…
Apparel retailer Giordano says sales growth in its key Hong Kong and Macau market has become “increasingly sluggish”. While the year started well, “inclement weather and fierce competition have hindered performance so far,” chairman and CEO Peter Lau said in…
Hong Kong fashion brand Giordano is scrambling to remove an advertising campaign slammed as “sexist” on social media. Promoting the “Team Family Series”, the advert shows a family posing together with the man wearing a t-shirt emblazoned “Work” while the…
E-commerce has helped boost the first-quarter bottom line for Hong Kong-based clothing retailer Giordano International, particularly in China. Unaudited figures for the three months to the end of March show Giordano’s overall e-business generated HK$81…
E-business last year was particularly strong for apparel retailer Giordano International. Overall, consolidated sales reached HK$5.4 billion, up 5.2 per cent. Group comparable-store sales and comparable-store gross profit rose by 5.2 and 5 per cent…
Third-quarter sales for apparel retailer Giordano International have been edging ahead in most markets, an exception being South Korea, a 48.5 per cent JV with an independent management team. While e-commerce sales jumped by 17.6 per cent in Mainland China,…
In a turnaround from a 1.6 per cent drop in the first quarter, apparel retailer Giordano International recorded a 3.4 per cent rise in half-year group sales to HK$2.6 billion (US$334.8 million). Gross profit increased by 3.8 per cent and gross margin improved…
High-end international brands have long held court alongside local Hong Kong indie fashion designers – who are now enjoying greater visibility in the city’s vibrant retail market. The city’s deep-rooted love of luxury has seen names like Gucci and Hermes open…
Vietnam is on the radar for Hong Kong clothing retailer Giordano International, both as a market and supplier. With its steady growth in the emerging market, the company is planning to establish a legal entity Giordano Vietnam. It is also eyeing the country…
The new Qianhai Chow Tai Fook mall opened its doors in Shenzhen on Monday – selling Hong Kong sourced goods to mainlanders at prices said to be cheaper than in Hong Kong. Officially named the Qianhai Chow Tai Fook Global Goods Shopping Center, the 19,000 sqm…
Giordano Hong Kong sales increased by four per cent in the last quarter, with same store sales up a staggering 12 per cent in a stagnant retail market. The company says with the decline in Mainland China visitors to Hong Kong and Macau, the company has…
Troubled fashion group Giordano knows it faces a challenge restoring its mojo. Last week Giordano reported falling sales in every single market globally – in the worst case, Australia, by 20 per cent year on year. Profit slumped 35 per cent. But the Hong…
