Footwear retailer S.Culture International has turned around its fortunes after closing non-performing stores and booking gains from property disposals.
S.Culture sells a range of international footwear brands including Clarks, Josef Seibel, The Flexx and Yokono. It has a network of more than 100 stores across Hong Kong, Macau and Taiwan trading as S.Culture, Shoe Mart and Scoops and under individual brands, such as Clarks, Clarks Originals and Josef Seibel.
In a note to the stock market commenting on a recent increase in the price and trading volume of its shares, the company said it expects an improvement in its 2018 results, based on a preliminary review of its accounts.
