
HONG KONG -- Hong Kong's Cheng family, which controls Asia's largest jewelry store chain and several shopping malls in the city, is bidding to take control of storied clothing retailer Giordano International.
Giordano, a pioneer of casual fashion in Asia that helped inspire Uniqlo boss Tadashi Yanai, has atrophied since achieving peak profits of 826 million Hong Kong dollars ($105 million) in 2012.