Sales at Sogo’s Causeway Bay department store jumped 20.1 per cent in the first half. Photo: SCMP

Weakening yuan, possible China slowdown worry Sogo store operator as profit plunges by half

The Sogo Causeway Bay store recorded a 20.1 per cent growth in sales in the first six months of 2018 and a 42.8 per cent increase at the Tsim Sha Tsui branch

Topic |   Hong Kong company reporting season

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Sales at Sogo’s Causeway Bay department store jumped 20.1 per cent in the first half. Photo: SCMP
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Jane Li

Jane Li

Jane Li is a reporter covering China’s economy and social trends. She graduated from the University of Hong Kong with a master's degree in journalism. Prior to SCMP, she worked for Bloomberg Businessweek and her stories have featured in MSNBC, Quartz and the Financial Times’ Chinese site.