Sally Singer
The News in Brief

British sportswear and clothing retailer Frasers stuck to its financial guidance for 2022-23 after reporting a 39 percent rise in first-half profit that reflected the success of its drive to take the group upmarket.


Clothing retailers such as Express and Gap that stashed away mountains of unsold basics during the coronavirus pandemic now are slashing prices on clearance merchandise in a last-ditch effort to clear clothing racks.







The brand had already suspended Irving on Nov. 4 after the NBA player shared a link to film with anti-semitic views and initially refused to apologise for his actions.


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