high interest rates

Esprit projects HK$1.9bn net loss for 2023 due to tough European market

Esprit's profit warning outlines a net loss increase of 186.3% compared to the net loss of approximately HK$664m recorded in…

US clothing retail enjoys 3% surge in ‘record’ 2023 holiday season

The holiday season, defined by NRF as 1 November through 31 December, saw online and non-store sales increase by 8.2%…