Upmarket retailer, Oroton, fears its first half earnings could fall because it has stopped slashing the prices of its luxury accessories for shoppers. The Australian-based retailer closed its Hong Kong store earlier this year, incurring hefty lease provisions which contributed to increased overheads. (The photo above was taken at the store’s opening in October 2013). Oroton chairman, John Schmoll, says sales were lower in the first quarter of the financial year compared to 12 months earlie…