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Tag: Daphne

Retail Asia31/08/2020
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Fashion

Daphne closing all physical retail stores

1min0
Hong Kong-listed women’s footwear label Daphne International is withdrawing its physical retail stores from Mainland China and Taiwan in the face of steep losses. The brand’s most recent interim financial report shows an 85-per-cent drop in turnover to US$27.35 million and a loss of $18.2 million. The loss reflects the firm’s continuing strategy of closing […]
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Retail Asia24/10/2015
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Fashion

Daphne International sales slump

2min
Hong Kong-listed shoe retailer Daphne International has reported a third quarter same store sales slump of 19.7 per cent as it continues to cull its store network. As earlier reported, Daphne issued a profit warning in July after reporting a fall in same store sales of 16.9 per cent in the first half of 2015, […]
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Retail Asia28/07/2015
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Fashion

Daphne shutters stores as sales slide

4min
Hong Kong-listed shoe retailer Daphne International Holdings has issued a profit warning as it shutters nearly 200 stores. Daphne operates the Daphne and Shoebox retail brands in Mainland China. The company has reported the year on year, same store sales fell 16.9 per cent in the first half of 2015, and by 17.7 per cent […]
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