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Macau

Macau Archives

Slimmed-down Le Saunda posts third consecutive loss as sales tumble

Hong Kong shoe retailer Le Saunda has reported yet another annual loss - of US$4.28 million - as a “super-cold winter” h...

Esprit to close all of its Asian stores by June 30

Crippled apparel group Esprit is to close all its stores in Asia, except those in Mainland China, by the end of June.

Few consumers plan to shop as soon as coronavirus lockdowns end

Just one in five consumers is likely to head straight for the shops as soon as their respective coronavirus lockdowns en...

Ikea Macau opens – with a two-week wait to get inside

Ikea Macau opened its doors yesterday, the first of the Swedish furniture homeware retailer’s stores in Asia which does ...

Giordano sales drop 34.6 per cent in March quarter

Fashion group Giordano says its March quarter sales fell by 34.6 per cent as the outbreak of the coronavirus pandemic sa...

Luk Fook sales plunge 57 per cent as Covid-19 throttles tourism

Hong Kong-listed jeweller Luk Fook says its March-quarter same-store sales plunged 57 per cent as the Covid-19 outbreak ...

Sa Sa International sales plunge as coronavirus bites

Fourth-quarter sales of beauty-products retailer Sa Sa International plummeted 62 per cent in Hong Kong and Macau as the...

H&M’s sales recovery derailed by coronavirus

A recovery in fast-fashion retailer H&M’s sales and profit has been muted by the impact of the coronavirus pandemic on s...

Tse Sui Luen set for hefty loss as protests, pandemic impact sales

Jeweller Tse Sui Luen is projecting a loss of US$10.3 million for the year to March - a stark reversal from last year’s ...

Bonjour trims range, relocates stores as losses mount

Hong Kong cosmetics retailer Bonjour Holdings has delisted slow-moving products and trimmed its store network as it grap...