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CNE Archives

Struggling Le Saunda warns of yet another loss

Late last month, embattled Hong Kong-based shoe retailer Le Saunda announced its third consecutive annual loss. Yesterda...

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...

Le Saunda turns a profit but faces inventory challenge

Shoe retailer Le Saunda is planning to boost its on-sale activity as it battles to continue to reduce its inventory in t...

Le Saunda posts another loss, but eyes return to sales growth

After closing 126 stores, footwear and accessories retailer Le Saunda has finished its financial year with another loss.

Le Saunda axes 104 stores as profit turns to loss

Struggling shoe and accessories retailer Le Saunda has shuttered more than 100 stores on Mainland China.

Competition stifles Le Saunda sales

Le Saunda sales slid 17.2 per cent last financial year, with the mainland market “feeble” according to the company.

Le Saunda loses anniversary shine

In its 40th anniversary year, Le Saunda Holdings has little to celebrate with falls in sales and profits.

Le Saunda sales feel the pinch

Le Saunda sales and profit both tumbled during its latest fiscal year.

Sales fall for Le Saunda Holdings

Half-year revenue has fallen by 13.8 per cent and consolidated gross profit by 12.7 per cent for Le Saunda Holdings.

Le Saunda trims stores

Footwear and accessories retailer Le Saunda is to close under-performing CNE stores. CNE, a brand which caters to younge...