HONG KONG: Giordano Enjoys June Sales SARS Rebound
Peter Lau told The Standard newspaper that turnover at the major fashion retailer jumped up to 50 per cent in June from April and May as consumers ventured back onto the streets, but he declined to make a full year profit forecast.
In April, Giordano said sales at its Hong Kong stores were down more than 30 per cent due to the SARS crisis and warned it may have to shut stores if the outbreak became prolonged.
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