Business
Beauty and cosmetics news round-up for Q1 2023
The first quarter of 2023 was filled to the brim with an array of ups and downs in the beauty sector. While many took to integrating new hires and carrying out various degrees of expansion plans, others were attempting to simply find stable footing after years of market uncertainty. It was also a period of significant change for many brands and...
31 Mar 2023
Business
Esprit navigates tough 2022, gears up for brand relaunch
Esprit Holdings Limited reported total sales of 7,063 million Hong Kong dollars and a gross profit margin of 40.7 percent for 2022 fiscal year, down 15 percent and 7.9 percent, respectively. The company faced the challenging fiscal year as it prepares for the official brand relaunch in mid-2023. Commenting on the trading performance, Pak William...
31 Mar 2023