Retail in Asia

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Oroton a star retail performer

OrotonGroup has emerged as a star performer among Australia’s struggling retailers thanks to a solid rise in sales of its luxury handbags and accessories.

The upmarket retailer has lifted its annual profit 16 percent on the back of strong revenue growth.

Aiding the result was an 8 percent rise in like-for-like sales for the group’s core Oroton handbag business, which had suffered a dip last year.