Casual clothing manufacturer and retailer, Benefun International Holdings is to launch a second fashion brand as it looks to improve sales growth following a tough fiscal year.

The company said the new "Fun-G" label will target fashion-conscious teenagers when it is launched next year.

Benefun posted a 32 per cent jump year-on-year in full-year net losses to HK$33.8 million despite a 12 per cent climb in revenue to HK$138m.