NEW LINE IN STORE: Le Saunda Holdings will spend more than HK$10 million developing an online shoes shop and opening 10 mega-stores this year in a change of direction to offer more services, according to managing director Jacky Chui Kwan-ho (above).
Company secretary Yiu Chun-kit said the mega-stores would replace 18 existing shops. He said the online operation would expand the sales network. In April, Le Saunda launched a Web site selling one brand - Nat's - and Mr Yiu said it was 'contributing 4 per cent to 5 per cent of the revenue of the line'. The price of shoes sold online will be the same as in ordinary shops, with free delivery. Ms Chui said the Internet would be among the additional mega-store services. The group reported turnover for the year to the end of February of about HK$347 million, a 17 per cent year-on-year dip.