Sun Art’s loss widens in first half of its fiscal year
Supermarket operator Sun Art Retail Group Ltd. (6808.HK) on Sunday warned it expects to report a loss of 500 million yuan ($75 million) to 550 million yuan for the six…
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…
JD.com slows its bleeding, but investors want growth
The e-commerce giant has reduced the pain from its entry to food delivery, but weak retail sales and crowded new battlefields show its next growth engine remains elusive Key Takeaways:…
JD.com pours $4.5 billion into Hong Kong. But when will it recoup that money?
The e-commerce giant has expanded aggressively in Hong Kong over the last year, acquiring commercial buildings, a supermarket chain and establishing an extensive logistics network Key Takeaways: JD.com has been…
Miniso gets AI investment lift, as self-developed toys look for traction
The lifestyle retailer’s first-quarter report showed impressive headline profit growth, but a closer look reveals the increase owed to stock investment gains Key Takeaways: Miniso reported its first-quarter profit nearly…
Vipshop looks to outlets in bid to jumpstart growth
The discount e-commerce company has been approved to spin off two of its brick-and-mortar outlet stores into a REIT, with another 18 similar projects Key Takeaways: Vipshop reported its revenue…
BRIEF: Sun Art Retail swings to loss in latest fiscal year
Supermarket operator Sun Art Retail Group (6808.HK) saidon Sunday it expects to post a loss of 300 million yuan to 50 million yuan ($51 million) for its fiscal year through…
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