Giordano International Limited (709) has released its unaudited operations update for the quarter ended September 30, 2025. During the period, the Group generated HK$894 million in revenue, indicating a 1.4% decrease compared to the same quarter last year. Year-to-date revenue reached HK$2,828 million, representing a slight increase of 0.6% over the previous year.
Revenue from Greater China remained flat during the quarter but increased by 6.3% year-to-date. Southeast Asia and Australia recorded an 8.5% revenue decline for the quarter, while the Gulf Cooperation Council region grew by 11.6%. In terms of channels, online revenue rose by 16.5% in the quarter and 22.8% year-to-date, reflecting growth in the Group’s digital-first strategy. Group same-store sales declined by 0.5% for the quarter but rose by 0.6% year-to-date.
Inventory stood at HK$612 million at the end of September 2025, representing a 2.9% drop compared to the same period last year. The Group’s store count totaled 1,627 as of September 30, 2025, down by 122 from 1,749 in the prior-year period.
Management highlights a focus on strategic initiatives geared toward channel optimization and efforts in inventory management, emphasizing the commitment to delivering sustainable growth in line with stated objectives.