Lifestyle International Archives - Inside Retail Asia
Sogo department store parent Lifestyle International has been impacted by falling spending by mainland Chinese visitors and the early stages of the extradition bill protests.
Sogo store sales on both sides of the harbour surged ahead in the first half of this year.
Sogo parent Lifestyle International Holdings expects a profit lift of not less than 185 per cent for its latest half-year.
Sogo stores will downsize in northern China to focus on the eastern Yangtze River Delta.
Despite the challenging business environment in Hong Kong and Mainland China, Hong Kong retailer Lifestyle International says its trading remains on a firm footing.
Department store operator Lifestyle International has opened its fourth department store in China. The company has opened Jiuguang department store in Shenyang which it says, with its Jiuguang department store in Dalian which opened in 2009, will help it strengthen its foothold in the affluent Northeast China. Lifestyle International made inroads into China by opening its first Jiuguang store in Shanghai in 2004 and the Suzhou Jiuguang in 2009. Shenyang is the largest central city in th…
Department store operator to focus on building solid customer base as online retailing gains ground.