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Hong Kong shoe retailer Le Saunda has reported yet another annual loss – this time of US$4.28 million – as a “super-cold winter” hit Hong Kong’s retail sector. The loss followed last year’s $3.9 million, while in 2018 it lost $8.4 million. That adds up to a…
Le Saunda sales plunged 30 per cent in the fourth quarter as the embattled shoe retailer struggles to attract customers. According to a stock exchange filing, sales at Le Saunda’s self-owned stores fell by 29.9 per cent in the quarter, with same-store sales…
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