Bauhaus in sales slide
Denim retailer Bauhaus says its same store sales have slumped in Taiwan and Hong Kong in the last quarter.
Same store sales fell 17 per cent in Taiwan and nine per cent in Hong Kong, but remained stable in Mainland China.
The Hong Kong-listed street fashion retailer has 211 self-managed stores – 96 in Taiwan, 86 in Hong Kong and Macau and 29 in the mainland.
Quarter on quarter it added three in Hong Kong-Macau, one in Taiwan and closed two in the mainland.
Bauhaus did not offer any commentary on the figures.
The retailer sells a range of imported denim and t-shirt brands including Desigual, Evisu, Superdry, True Religion and Red Pepper.