Giordano’s revenue slide accelerates on weakness in Mainland China
Clothing retailer Giordano International Ltd. (0709.HK) on Thursday reported its revenue fell 8.3% year-on-year in the third quarter to HK$820 million ($105 million), accelerating from a 1% decline in the…
Shein shares slump in highly anticipated Hong Kong trading debut
Shares of online fashion retailer Shein Global Holdings Ltd. (0625.HK) opened flat in their highly anticipated Hong Kong trading debut on Tuesday, then traded down during the morning to close…
Shein pushes for higher valuation ahead of Hong Kong IPO launch
The $35 billion to $40 billion the online fashion retailer is seeking is relatively modest compared with its global peers By Teri Yu Online fashion and lifestyle company Shein Global…
Shein passes listing hearing, advancing Hong Kong IPO
The online fashion retailer could launch its listing in the weeks ahead, as it continues its aggressive overseas expansion By Teri Yu Online fashion and lifestyle retailer Shein Global Holdings…
Nameson’s profit dives on diversification spending, overreliance on single customer
The apparel maker’s revenue began to contract in the second half of its latest fiscal year, as business from its largest customer fell 11% Key Takeaways: Nameson’s profit tumbled 40%…
BRIEF: Giordano’s profit falls 30% in 2024
Casual clothing seller Giordano International Ltd. (0709.HK) said on Thursday it expects to report that its net profit last year fell 35% or more year-on-year to between HK$205 million ($26…
Trade tensions threaten to unravel Texhong turnaround story
The yarn maker has been profitable since the second half of 2023, but its recent turnaround could be threatened by new U.S. tariffs against Chinese exports Key Takeaways: Texhong reported…
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