The board of directors of Milan Station Holdings Limited informed the shareholders of the company and potential investors that, based on the information currently available, the group is expected to record a significant loss for the unaudited interim results of the group for the six months ending 30 June 2014 as compared to the six months ended 30 June 2013. The expected loss is primarily attributable to the continuing slowdown in the retail market for luxury handbags and the weakened consumption sentiment of customers in the first half of 2014.