HK’s Bossini posts gross profit jump; to open 292 new stores next year
Hong Kong-based casualwear retailer Bossini on Wednesday said revenue for the financial year 2010/11 ended on 30 June 2011 grew 15 percent to HKD2.64 billion (USD338.6 million). Gross profit increased 14 percent to HKD1.35b.
Same-store sales in Hong Kong registered double-digit growth for two consecutive years, reaching 11 percent in the year under review. Revenues generated from the Hong Kong market increased by 10 percent to HKD1.41b. Retail in Asia – Read more…