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TSL Malaysia store
Hong Kong’s Tse Sui Luen Suffers Heavy Losses
Hong Kong-based jeweler Tse Sui Luen (TSL) fell into the red in its first fiscal half as the coronavirus and tensions between the US and China battered its business across the region.The retailer...
Retail Nov 19, 2020 Rapaport News
TSL Malaysia story
Tse Sui Luen Expects Loss Amid Tourist Slowdown
Hong Kong-based jeweler Tse Sui Luen (TSL) expects to incur a net loss of at least HKD 40 million ($5.2 million) for the first fiscal half as the Covid-19 pandemic depressed the company’s sales.The loss for...
Polished Markets Oct 13, 2020 Rapaport News
TSL 150
TSL Sees Loss in Tough Year for Hong Kong
Tse Sui Luen (TSL) has reported a loss for the full fiscal year, as it faced challenges from the US-China trade dispute, protests and the coronavirus pandemic.The net loss totaled HKD 89.8 million...
Retail Jun 23, 2020 Rapaport News
Hong Kong’s TSL Expects Full-Year Loss
Tse Sui Luen (TSL) has warned it will report a loss for the fiscal year, with sales hampered by a sluggish retail environment in greater China.The Hong Kong-based jeweler expects a loss of at least HKD 80 million ($10.3...
Retail Apr 05, 2020 Rapaport News
TSL Outlook ‘Gloomy’ Amid Hong Kong Slump
Hong Kong-based jeweler Tse Sui Luen (TSL) raised concerns about theimpact of the Hong Kong protests on its business, as weak consumer sentimentdented sales. “The weak local consumer sentiment as a result of citywideprotests has made...
Retail Nov 25, 2019 Rapaport News
TSL Accelerates China Expansion
Tse Sui Luen (TSL) will further broaden its Chinese networkover the next few years, as it continues to see solid growth in the country. The Hong Kong-based jewelry retailer will open an additional 100 stores...
Retail Jun 20, 2019 Rapaport News
Hong Kong’s TSL Fears Trade-War Impact
Hong Kong-based Tse Sui Luen (TSL) raised concerns about theimpact of the US-China tariff war on its business, even after half-year sales improved. “The recent outbreak and escalation of [a] trade disputebetween China...
Retail Nov 20, 2018 Rapaport News
TSL 150
TSL Sales Growth Prompts China Expansion
Tse Sui Luen (TSL) plans to open 100 stores in mainland China overthe next two years, after witnessing solid growth in the region. The jewelry retailer intends to focus more on shopping-malllocations rather than department...
Retail Jun 25, 2018 Rapaport News
Hong Kong’s TSL Sees Revenue Jump
Sales and profit grew sharply at Tse Sui Luen (TSL) inthe past 12 months amid stronger consumer sentiment in Greater China and a risein tourism to Hong Kong. Revenue jumped 12% to $486 million (HKD 3.81...
Retail Apr 29, 2018 Rapaport News
TSL Tse Sui Luen  TST Tsim Sha Tsui Hong Kong
Sales Jump at Hong Kong Jeweler TSL
Hong Kong-based jewelry retailer Tse Sui Luen (TSL) sawrevenue and profit leap in the first fiscal half as the number of touristsvisiting the municipality increased.Sales rose 12% to of $222.1 million (HKD 1.73 billion) forthe...
Retail Oct 29, 2017 Rapaport News
Tse Sui Luen TSL
TSL Hit by Hong Kong Tourist Slowdown
Tse Sui Luen (TSL), a Hong Kong-based jewelryretailers, reported revenue and profit slumped in the first fiscal half as thedrop in tourist numbers from Mainland China extended. Sales slid 12 percent to $199.9 million (HKD 1.55...
Retail Nov 03, 2016 Rapaport News
Hong Kong
Hong Kong Jeweler Tse Sui Luen’s Profit Dives 40%
Tse Sui Luen, a Hong Kong-based jeweler, reported revenuedeclined and profit plummeted in the past fiscal year as fewer tourists frommainland China dampened retail activity.Sales dropped 8.6percent to $455.6 million (HKD 3.54 billion) and...
Retail May 24, 2016 Rapaport News
Hong Kong
Tse Sui Luen’s 1H Sales Slide 4%
Tse Sui Luen Jewellery International reported that revenue fell 3.6 percent year on year to $226.1 million (HKD 1.75 billion) for the six months ending August 31, due to continued weakness in Hong Kong....
Retail Nov 01, 2015 Rapaport News
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