The Hong Kong-listed casual apparel retailer Giordano International has announced that because of the economic recession, the company would suspend all new store projects outside the Chinese mainland and will freeze recruitment.
Giordano tightens budget
Hong Kong-based casual wear retailer Giordano International<709> yesterday released its annual report for fiscal year 2008, which ended on Dec. 31, 2008, sources reported.The company realized HK$4.71 billion in turnover and HK$ 310 million in net profit in 2008, up 6.3% and 5.4% year on year, respectively....