Fashion
2 min read
Hong Kong ‘centre of whipsaw’ says Crocodile Garments
Crocodile Garments’ profit has plunged as the apparel retailer was caught in “the centre of whipsaw’’ in Hong Kong and a depressed Mainland China market. Revenue in the year to July 31 fell from HK$502 million in 2014 to $405 million this year; gross profit…