Topic

#IT limited

Every story tagged #IT limited on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

2 stories in this topic

Fashion

Oct 29, 20201 min read

I.T flags big loss as Covid-19 impacts shoppers’ enthusiasm

Multibrand Hong Kong fashion retailer I.T Limited has warned shareholders it will likely post a loss of at least US$38.7 million for the six months to August, such has been the impact of the Covid-19 on sales. Chairman Sham Kar Wai said in a letter to…

General

Aug 4, 20201 min read

I.T Limited sales, margins eroded due to Covid-19 lockdowns

Hong Kong-headquartered fashion retailer I.T Limited says its sales have fallen in all of its markets, with the US and Japan the worst affected. Same-store sales of its Hong Kong and Macau stores fell by 49.1 percent in the three months to May 31, while US…