Sincere Archives - Inside Retail Asia
Shenzhen electronics company Realord Asia Pacific has lodged a US$64.5 million takeover bid for ailing Hong Kong department store group Sincere.
Hong Kong department-store operator The Sincere Company’s half-year loss increased by HK$10 million in the latest half year.
Sincere Fine Watches has opened a multi-brand boutique at Jewel Changi Airport.
Sincere revenue dropped 2 per cent in the last financial year, the company has reported.
Hong Kong listed retailer Sincere says its core department stores division boosted sales in the first half, but still finished HK$67 million in the red.