Win Hanverky Holdings Limited (HK:3322) has released an update.
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Win Hanverky Holdings Limited reported a decrease in same-store sales growth for their high-end fashion retailing business, with the third quarter of 2024 and the year-to-date showing declines of 18% and 22% respectively. Despite this, the overall revenue growth for the same periods recorded increases of 36% and 3%, largely due to a boost from wholesale revenue to new franchisees. The company’s direct operated offline store count slightly declined from 112 to 108 stores as of September 30, 2024.
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