Esprit has closed a total of 169 loss-making shops and its has reduced office space in Hong Kong and Germany. Photo: Bloomberg
Hong Kong fashion house Esprit says protests to blame for 40 per cent drop in customer traffic
- Company posts better-than-expected results for year ending June 30, sees net loss of HK$2.14 billion
- Rents ‘simply too high’ for retailers, executive chairman says
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Hong Kong protests
Esprit has closed a total of 169 loss-making shops and its has reduced office space in Hong Kong and Germany. Photo: Bloomberg