By  on August 21, 2019

Hong Kong-headquartered I.T Ltd. issued a profit warning on Wednesday, sharing that it is expecting to swing into a net loss for the half-year period ended Aug. 31.

The forecast was based off of a preliminary assessment of accounts and up-to-date operational data, said the company, which operates a network of multibrand retail stores and is the China partner for brands such as Dover Street Market, Undefeated, Fred Perry and more.

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