Home / Knowledge / News / Fashion / Dickson Concepts sales down to HK$ 2.9 bn in FY20

Dickson Concepts sales down to HK$ 2.9 bn in FY20

26
Jun '20
Pic: Dickson Concepts/ Harvey Nichols
Pic: Dickson Concepts/ Harvey Nichols
Dickson Concepts (International) Limited, a Hong Kong based luxury goods company, has reported 26.7 per cent sales decline to HK$ 2.93 billion (Hong Kong dollar) in fiscal year 2020, that ended on March 31, 2020 compared to sales of HK$ 4.00 billion in previous year. However, profit for the year increased to HK$ 645.82 million (FY19: HK$ 411.34 million).
 
Gross profit during FY20 fell to HK$ 1.23 billion (HK$ 1.99 billion). Operating profit rose to HK$ 737.95 million ($463.86 million).
 
Sales of fashion and accessories segment for FY20 dropped to HK$ 619.6 million (HK$ 1.32 billion). Cosmetics and beauty products sales declined to HK$ 869.68 million (HK$ 1.33 billion). Although, sales of watches and jewellery were up to HK$ 1.43 billion (HK$ 1.34 billion).
 
Geographically, the sales in Hong Kong region were down to HK$ 2.39 billion (HK$3.18 billion). While sales in Taiwan region were HK$ 457.22 million (HK$ 627.71 million).

Fibre2Fashion News Desk (JL)


Must ReadView All

Pic: Shutterstock

Retail | On 9th Jul 2020

UK unveils 2nd part of 3-phase plan for economic recovery

Chancellor of the exchequer Rishi Sunak recently announced a slew of...

Pic: lentamart / Shutterstock.com

Apparel/Garments | On 9th Jul 2020

Brooks Brothers files Chapter 11 bankruptcy proceedings

Brooks Brothers, America's oldest apparel company, recently announced ...

Pic: Sorbis / Shutterstock.com

Apparel/Garments | On 9th Jul 2020

Bangladesh apparel exports down 18.12% in FY20

Readymade garment exports from Bangladesh decreased by 18.12 per cent ...

Interviews View All

Textile industry, Head honchos

Textile industry
Head honchos

South India has a very strong manufacturing base

Top executives, Fabric manufacturers

Top executives
Fabric manufacturers

Domestic manufacturers would get an edge over imported products

Top executives, Textile industry

Top executives
Textile industry

Knowledge sharing platform needed for sustainable water management

Marcel Moser,

Marcel Moser

Switzerland-based Benninger is a leading manufacturer of technologically...

Uhan Soebiantoro,

Uhan Soebiantoro

Luckytex is an integrated textile manufacturing company founded by...

Fabio Grandis,

Fabio Grandis

Italian company Grandis SRL has been operating in the textile industry for ...

Chunyi Zhi, City University of Hong Kong

Chunyi Zhi
City University of Hong Kong

<div><b>Chunyi Zhi</b>, associate professor in the Department of Materials ...

Pierre Wiertz, EDANA

Pierre Wiertz
EDANA

Pierre Wiertz talks about the vast world of sustainable nonwovens and...

Steve Cole, Xerium Technologies

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Rajesh Pratap Singh, Rajesh Pratap Singh

Rajesh Pratap Singh
Rajesh Pratap Singh

<div>Ace fashion designer <b>Rajesh Pratap Singh</b> has used Tencel to...

Silvia Venturini Fendi, Fendi s.r.l

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Aneeth Arora, Péro

Aneeth Arora
Péro

The Woolmark Company has partnered with handmade fashion label Péro and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


July 2020

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search