Hong Kong-based retailer Esprit Holdings on Tuesday reported a profit attributable to shareholders of HK$2.85 billion for the second half of 2008, down 13.4 percent from HK$3.29 billion in the same period of 2007.
From the backdrop a line of black calligraphy on a white ground traced the length of the catwalk, setting a mood of zen-like tranquillity at Hiroko Koshino's ready-to-wear show for next autumn-winter on Thursday.
Top U.S. retailers saw anemic same-store sales in February as shoppers kept a tight hold on spending, but Wal-Mart Stores Inc again beat expectations and said lower gasoline prices had relaxed some household budgets.
Women's apparel retailer Chico's FAS Inc on Tuesday posted a deeper quarterly loss, but topped Wall Street's estimates, even as it faced lower sales and gross margin during the period. The net loss was $40.