Rajiv MenonFashion
Esprit Posts HK$87.7 Million First-Half Loss as Licensing Pivot Stumbles
Revenue dropped to HK$14.9 million in the six months to June as the Hong Kong-listed group absorbed Canadian insolvency costs and new European legal claims.
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Sarah ChenE-Tailing
Shein Prices Hong Kong IPO at $26.5 Billion Valuation to Raise $1.73 Billion
The fast-fashion giant will allocate 80 per cent of the HK$13.6 billion proceeds to technology and expansion while paying up to $3.5 billion to early-stage investors.