Macau Latest News - Inside Retail Asia
Oriental Watch’s sales fell by 15.7 per cent last year – but the company’s bottom line was only minimally affected in part due to reduced rents.
The Tse Sui Luen store network grew by 56 during the year, to reach 473.
Same-store sales by watch retailer City Chain improved last year – but parent Stelux Holdings still recorded a loss of US$4.4 million.
Global personal luxury goods market growth has reached a “new normal” pattern, following back-to-back years of strong performance in 2017 and 2018
Grand Imperial restaurant chain plans to expand into Singapore, Hong Kong and Macau.
Le Saunda sales slumped 25.2 per cent in the first quarter of this year.
“Solid retail growth”, a property sale and a tight control on operating costs have been cited in a surging profit attributable to shareholders by Dickson Concepts.
City Chain parent Stelux International has warned shareholders of another looming loss.
Sales by Hugo Boss in Asia rose by 4 per cent in the latest quarter.
Giordano sales in Greater China plunged by 17.7 per cent during the first quarter.
Heavy discounting necessary to offload winter stock has hit Uniqlo sales.
Fashion brand Ted Baker has formed a joint venture to expand its network in Mainland China, Hong Kong and Macau.