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…
Shein loses its shine on bumpy path to London listing
The fast fashion giant’s lack of transparency about its cotton sourcing could hurt its valuation in the long and turbulent journey to its IPO Key Takeaways: Shein’s reported plan to…
BRIEF: 361 Degrees retail sales rise 10% in fourth quarter
Sportswear brand 361 Degrees International Ltd. (1361.HK) announced on Tuesday that offline retail sales for its core branded products increased by 10% year-on-year in the fourth quarter, while offline sales…
BRIEF: Topsports sales fall for third consecutive quarter
Sports shoes and apparel retailer Topsports International Holdings Ltd. (6110.HK) on Monday announced that overall sales for its retail and wholesale operations recorded a mid-single-digit decline year-on-year in the three…
Bosideng chases Canada Goose with flight to high-end
The outerwear maker has weathered the slow summer season, reporting double-digit revenue and profit growth for the six months through September Key Takeaways: Bosideng’s profit grew over 20% during the…
LightInTheBox outpaces e-commerce rivals on low-end product focus, geographic diversity
The operator of online sites specializing in cheap apparel posted record quarterly revenue growth in the second quarter, though it lost money due to heavy spending on marketing Key Takeaways:…
Li Ning Tripped Up by Chinese Nationalists
The sportswear brand apologized after one of its new designs was accused of recalling a humiliating period for China, but its stock still suffered Key Takeaways: Sportswear maker Li Ning’s…
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