Stelux Holdings Archives - Inside Retail Asia
Stelux sales slump as network trimmed
Stelux Holdings, parent of the City Chain watch retail business, says its sales in the December quarter were down 32.6 per cent, or by US$25.6 million.
Stelux Holdings warns of another loss
Stelux Holdings International has warned shareholders of an impending loss due to slow sales through its store network and narrower margins.
Stelux Holdings manages to trim losses
Turnover and gross profit margin slid for watch/optical company Stelux Holdings International.
Stelux Holdings manages to trim losses
Turnover and gross profit margin slid for watch/optical company Stelux Holdings International.
Vision Gallery new venture for gold retailer
Gold retailer Luk Fook Jewellery has branched out into eyewear with the launch of its Vision Gallery store in Mongkok.
Losing streak for Stelux Holdings
Stelux Holdings International is expecting a further, higher loss for the six months ended September 30.
Egg outlets thrive as Stelux Holdings struggles
Stelux Holdings International estimates a 19.8 per cent fall in turnover for the three months ended June 30.
Stelux warns of looming loss
Hong Kong headquartered watch retailer Stelux has warned shareholders it expects to post a loss in the first half year.
City Chain makes mark in Mainland
Fashion lifestyle watch retailer City Chain, a division of Stelux Holdings, has reported a 23 per cent increase in sales in Mainland China.
‘Sudden slowdown’ in Hong Kong
Stelux Holdings, parent of watch retailer City Chain, eyewear retailers Optical 88 and eGG, has reported a “sudden slowdown” in Hong Kong at the end of 2014. In a statement to the Hong Kong Stock Exchange, Stelux said group sales of HK$974.6 million in the three months to December 31 represented a decline of 2.4 per cent year-on-year. It described the market conditions as “challenging”. “Our (Chinese) mainland watch retail operations saw turnover growth of around 20 per cent whil…