Giordano Archives - Inside Retail Singapore
Hong Kong casual apparel brand Giordano International has reported a small increase in sales for last year – and a small dip in profit.
Apparel retailer Giordano says sales growth in its key Hong Kong and Macau market has become “increasingly sluggish”.
Fashion brand Giordano is scrambling to remove an advertising campaign slammed as “sexist”.
E-commerce has helped boost the first-quarter bottom line for Giordano International, particularly in China.
Changi Airport retail has been expanded with new stores, including one offering Singapore food products.
In a turnaround from a 1.6 per cent drop in the first quarter, Giordano International had a 3.4 per cent rise in half-year group sales to HK$2.6 billion.
Giordano Asia sales grew on the back of strong performances from Thailand and Hong Kong in the first quarter.
Singapore Changi Airport has announced the successful bidders for three retail concessions.
Giordano Group has reported sales declines in every market internationally in 2014, with profit down 9%.