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…
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…