Texwinca Holdings (0321) CEO and executive director Ho Lai Hong said Baleno’s Hong Kong stores recorded same-store sales growth from fiscal 2026, according to Ming Pao, and she said the local retail environment is becoming more stable.
On the mainland, she said the group closed 234 Baleno stores in the last fiscal year, leaving 265, while online stores on platforms such as Tmall and JD.com increased by 198 to 237; she added that offline operations are now focused on Guangdong and southwest China, and the company will continue transforming Baleno into a casualwear brand centered on online sales.