2 stories mentioning HKG:0709Updated 38d ago
Every FINWIRES story that references HKG:0709, newest first.
Giordano International (HKG:0709) said Tsang On Yip, Patrick stepped down as chairman of the compny's board, according to a Hong Kong bourse filing Monday.Shares of the retail company fell over 1% in morning trade Tuesday.Tsang was succeeded by Cheng Chi-man, Sonia, a non-executive director of the firm.
Giordano International (HKG:0709) reported HK$1.04 billion in first-quarter revenue, up 3.9% from HK$997 million a year earlier, according to a Thursday Hong Kong bourse filing.Revenue in Greater China rose 7.8% to HK$456 million, while sales in Southeast Asia and Australia jumped 4.2% to HK$398 million. Revenue from the Gulf Cooperation Council region fell 5.2% to HK$182 million.By channel, online revenue climbed 40.5% year over year to HK$163 million, while offline sales increased 2.3% to HK$767 million.Revenue from wholesale to franchisees fell 19% to HK$106 million.Group same-store sales jumped 8.2% to HK$817 million from HK$755 million.As of March 31, the apparel retailer operated 1,565 stores, down from 1,720 a year earlier.
