Company

Fashion Brands Operator I.T Annual Result 2016

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I.T Limited reported gross profit grew by 9.0% to HK$2,209.2 million, while gross profit margin increased by 0.9 percentage point to 60.6% amid difficult times and promotional headwinds. Total turnover increased by 7.4% to HKD3.64billion.     The company says the operating environment of the fashion retail business in the first half of the fiscal year […]

Company

HK Fashion Brand Company Sees Luxury Fashion Demand Dip

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Sitoy Group Holdings Limited (the “Company”, together with its subsidiaries, the “Group”; stock code: 1023), a brand management and retailer, and large-scale outsourced manufacturer of luxury handbags, small leather goods and travel goods, is pleased to announce today its annual results for the financial year 2015/2016 (“FY2016”).   During FY2016, the Group’s revenue decreased by […]

Capital Market

July Macro Economy Review

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China exports fell 4.8% in June from same month a year ago by USD terms,  compared to a 4.1% year on year drop in May, according to data released by the General Administration of Customs. Imports dropped 8.4% year on year in June, compared with 0.4% year on year drop in May, the data showed. Trade surplus shrank 4% to USD48.1 […]