GIORDANO INT'L (00709) achieved revenue of HK$820 million in the third quarter, a year-on-year decrease of 8.3%.

GIORDANO INT'L (00709) announced that for the quarter ended September 30, it achieved revenue of HK$820 million, a year-on-year decrease of 8.3%; group same-store sales were HK$605 million, a year-on-year decrease of 7.1%; global brand sales were HK$893 million, a year-on-year decrease of 7.7%. For the year ended September 30, it achieved revenue of HK$2,734 million, a year-on-year decrease of 3.3%; group same-store sales were HK$1,992 million, a year-on-year decrease of 2.7%; global brand sales were HK$3,082 million, a year-on-year decrease of 3.4%. In the third quarter, despite the impact of non-Giordano brands in Indonesia on sales revenue and the relevant strategic decision regarding the online business in mainland China, Giordano's core business still achieved strong revenue growth in most geographic groups and markets. In Greater China, the company is committed to pursuing retail excellence and achieved outstanding results, with same-store sales in Hong Kong and Taiwan increasing by 3.1% and 3.4%, respectively. In mainland China, as part of its strategic restructuring, the company is systematically streamlining its physical store network. As of the third quarter of 2026, the number of stores had decreased by 53 compared with the same period in 2025. Although this move has put pressure on revenue performance, the strategy is aimed at improving the quality of the store portfolio and enhancing overall profitability in the long run.