Win Hanverky (HKG:3322) said same-store sales at its high-end fashion retailing business rose about 2% in the fourth quarter of 2025, according to a Jan. 16 Hong Kong bourse filing.

Shares of the apparel company were down nearly 7% in Monday's late morning trade.

Overall revenue from the segment increased about 16% in the quarter, supported by wholesale sales to franchisees following the introduction of a franchise store model in the second half of 2024.

For the full year, same-store sales at Win Hanverky's high-end fashion retailing business fell about 4%, the company said.

As of Dec. 31, 2025, Win Hanverky operated 75 directly run offline stores, down from 102 a year earlier.