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Citygate Outlets is ready for the summer. With over 80 international brands offering 30% to 70% discounts, the mall has collaborated with brands to bring its customers unique Summer Pop-ups, memorable experiences with special performances and rewards for its…
Stelux Holdings International has warned shareholders of an impending loss due to slow sales through its store network and narrower margins. The Hong Kong-listed retail company, which operates the Optical 88 and Egg eyewear chains and City Chain jewellers,…
While turnover and gross profit margin slid for watch/optical company Stelux Holdings International for its first half, it managed to cut back on its net loss. Group turnover was down by 6.9 per cent (6.3 per cent foreign-exchange neural) to HK$1.3 billion…
Stelux Holdings International has reported a 12.7 per cent slide in sales in the three months to December 31. A large component of the decline was the exchange rate – on a fiscally neutral basis, sales fell a more modest 8.8 per cent, the company has reported…
Eyewear chain Optical 88 has suffered a 10.5 per cent slump in sales in the first half, with profit down 53.2 per cent. According to the trading announcement of its parent company Stelux International, sales reached HK$579.1 million and EBIT $18.0 million.…
Hong Kong headquartered watch retailer Stelux has warned shareholders it expects to post a loss in the first half year. Stelux owns the City Chain network of watch stores along with eyewear brands eGG and Optical 88. In the first quarter of this year the…
Listed Hong Kong eyewear and watch retailer Stelux Holdings has reported a 7.1 per cent decline in sales in the first three months of the 2015 financial year, compared to the same period last year. However Stelux China proved a standout in the trading results…
Eyewear chain Optical 88 is narrowing its Mainland China losses as its sales improve. A subsidiary of Hong Kong-listed Stelux Holdings, Optical 88 has 227 stores in Hong Kong, Macau, Mainland China, Singapore, Malaysia and Thailand. Group sales rose just one…
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