CHINA: SARS Hits Giordano’s Hong Kong Sales Hard
Leading casual apparel chain Giordano International Ltd on Thursday revealed sales at its Hong Kong stores had plunged more than 30 per cent since the outbreak of the deadly SARS virus a few weeks ago. The operator of more than 600 stores in the territory and mainland China said it had been hit hard by the outbreak which has seen concerned consumers stay away from high streets amid fears they may catch the fatal flu-like bug.