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	<title>ChinaRetailNews.com &#187; decline in sales</title>
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		<title>Giordano Suspends All New Projects Outside Chinese Mainland</title>
		<link>http://www.chinaretailnews.com/2008/11/19/1795-giordano-suspends-all-new-projects-outside-chinese-mainland/</link>
		<comments>http://www.chinaretailnews.com/2008/11/19/1795-giordano-suspends-all-new-projects-outside-chinese-mainland/#comments</comments>
		<pubDate>Tue, 18 Nov 2008 19:31:00 +0000</pubDate>
		<dc:creator>ChinaRetailNews.com Editor</dc:creator>
				<category><![CDATA[Clothing]]></category>
		<category><![CDATA[apparel]]></category>
		<category><![CDATA[consumer confidence]]></category>
		<category><![CDATA[decline in sales]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[Giordano]]></category>
		<category><![CDATA[Hong Kong]]></category>
		<category><![CDATA[Liu Guoquan]]></category>
		<category><![CDATA[Taiwan]]></category>

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		<description><![CDATA[The Hong Kong-listed casual apparel retailer Giordano International has announced that because of the economic recession, the company would suspend all new store projects outside the Chinese mainland and will freeze recruitment. In addition, the company has closed six under-performing outlets in Hong Kong and 11 in Taiwan. According to Liu Guoquan, chairman of Giordano, [...]]]></description>
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