HONG KONG: Cost Controls Cushion Retailer Moiselle
Women's apparel retailer Moiselle International Holdings Ltd saw its net profit rise by one per cent to HK$42.38 million (US$5.43 million) in the year ended 31 March. Turnover rose 10.7 per cent to HK$191.5 million The company, which operates 31 retail stores in Hong Kong under the Moiselle and imaroon brands and about 20 franchised outlets in mainland China, said expansion and cost controls helped cushion it from a tough economic climate.