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  1. Business - Companies - RETAILING

    Giordano sets out to erase memories of past mistakes

    Posted Feb 28th 2014, 01:10am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Apparel firm sees strong growth in the Middle East while high rents hold it back in Hong Kong Giordano sets out to erase memories of past mistakes Casual apparel retailer Giordano International plans to push its main label upmarket and raise prices by 10 to 15 per cent over the next two years, leaving spin-off brand Beau Monde to focus ...

  2. Business - Companies - RETAILING

    Slowing China demand eats into Giordano profit

    Posted Aug 13th 2013, 12:15pm by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Casual-wear retailer pins growth hopes on the Middle East and other emerging markets Slowing China demand eats into Giordano profit Casual-wear retailer Giordano International said first-half net profit dropped 3 per cent as sales slowed, hit by softening demand on the mainland, its key market. The company posted a net profit of HK$340 million ...

  3. Corrections & clarifications

    Posted Sep 07th 2006, 12:00am by Staff Reporter

    ... In 'Giordano shares suffer fallout' (September 6) we should have said that Giordano management received a lunch invitation from Fast Retailing on June 6 and that both companies held their first formal meeting on June 21. ...

  4. Business - Companies - RETAILING

    Giordano net profit falls as clothing fails to impress

    Posted Aug 15th 2014, 01:09am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Casual clothing company sees signs of recovery after modifying range amid declines in attributable income and sales in the first half Giordano net profit drops to HK$174 m Homegrown casual wear brand Giordano's profits plunged in the first half as its clothing lines failed to impress shoppers and competition in women's wear intensified. ...

  5. $1b for acquisitions

    Posted Oct 07th 2005, 12:00am by Staff Reporter

    ... Giordano International has enough capital to embark on a $1 billion acquisition spree, the casual wear retailer said. The firm, which announced a profit rise of 10.65 per cent to $187 ... two years,' he said. With cash reserves of $727 million as at June, Mr Lau said the retailer could spend about $800 million to $1 billion on acquisitions. Giordano operates more than ...

  6. Giordano warns of slowdown in the second half

    Posted Aug 31st 2011, 12:00am

    ... Celine Sun in Beijing celine.sun@scmp.com Casual wear chain Giordano International yesterday warned of slower profit growth in the second half after reporting a 71 per cent rise in interim ... is considering raising prices this year. Giordano's net profit rose to HK$346 million for the six months to June, from HK$202 million a year earlier. Revenue grew 24 per cent to HK$2.6 billion ...

  7. Harris looks to sell Giordano holding

    Posted Jul 09th 2007, 12:00am by Andy Chen

    ... Andy Cheng No2 shareholder wants at least 50pc premium A major shareholder in apparel firm Giordano International, which has been the subject of recent takeover speculation, is interested in selling its stake if it receives an offer at least 50 per cent above the current share price. Harris Associates, a US-based fund manager and the second-biggest shareholder in Giordano with a 14.08 ...

  8. Giordano shares suffer fallout

    Posted Sep 06th 2006, 12:00am by Andy Chen

    ... Andy Cheng Retailer's stock dives 11pc after Japanese group Fast Retailing drops plans to acquire a stake Shares of Giordano International, which operates about 1,700 apparel shops in Asia, fell as much as 16.3 per cent at one point after Japan-listed Fast Retailing said it had dropped plans to acquire a stake in the clothing retailer. Giordano shares closed yesterday ...

  9. Sound and vision

    Posted May 30th 2004, 12:00am by Fionnuala McHugh

    ... Fionnuala McHugh When you hear the word 'Giordano', what orchestra strikes up in your head? If you answered 'a sophisticated bossa nova feel', if you felt a sudden European-lounge moment, a sort of Hotel Costes mellowness, then you are either a very important customer of Giordano Ladies or you've read the press release about Omotesando, volume one ...

  10. Business - Companies - EARNINGS

    Giordano sales pushed down by weak China demand

    Posted Mar 01st 2013, 12:00am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com Clothing company sees improvement after mainland gross profit drops 5 per cent amid 'intense' price competition Giordano hit by weak demand on the mainland Casual clothing chain Giordano International posted a 1 per cent increase in annual revenue to HK$5.67 billion last year despite sales on the mainland and Taiwan declining amid weaker ...




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