The company reported that cumulative revenue for the first five months of the year declined 11.6 percent to NT$644.12 million (US$20.66 million), from NT$728.66 million a year earlier. The company said that it also plans to strengthen its promotions through social media and e-commerce platforms. “Scan-D takes up less than 2 percent of Taiwan’s furniture market, so there is room for expansion,” Ho said. That includes plans to open more stores, including Scan Comfort (詩肯睡眠), a sub-brand for high-end mattresses, at department stores this year, he said. Scan-D last month acquired Singaporean furniture retailer Nova Furnishing Holdings Pte Ltd (諾雅家具).

Source: Taipei Times June 20, 2019 15:56 UTC