HK Stock Market Move | GIORDANO INT'L (00709) fell more than 4% intraday, with third-quarter revenue down 8.3% year-on-year to HK$820 million.

GIORDANO INT'L (00709) fell more than 4% intraday. As of press time, it was down 3.56% at HK$1.22, with turnover of HK$4.057 million. On the news front, GIORDANO INT'L announced that its third-quarter revenue was HK$820 million, down 8.3% year-on-year; group same-store sales were HK$605 million, down 7.1% year-on-year; global brand sales were HK$893 million, down 7.7% year-on-year. The announcement showed that the number of stores at the end of the period was 1,471, a decrease of 156 from 1,627 in the same period of 2025. Among them, in mainland China, as part of its strategic restructuring, the company has been systematically streamlining its physical store network, with the number of stores as of the third quarter of 2026 down 53 from the same period of 2025.