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Esprit Profit Decreases 13%; Retailer's First Fall Since 1998 external link

Rate   Wall Street Journal | Wed, Feb 4

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Wed, Feb 4 By JOYCE LI HONG KONG -- Fashion retailer Esprit Holdings Ltd. reported a 13% decline in first-half net profit, its first earnings decline since 1998, as the global economic downturn squeezed its operating profit margin. Esprit, whose global peers ...

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3 mainstream media weighed in on a similar topic

6 Months Ago, Reuters says (in INTERVIEW-Esprit says to open more stores, meet target) By Donny Kwok and Fion Li HONG KONG, May 14 (Reuters) - Esprit Holdings (0330.HK), the world's No.6 fashion brand, said on Thursday it will continue to open new stores and is confident of meeting its target of adding 110 outlets in the fiscal year ...

9 Months Ago, Middle East North Africa Financial Network says (in Inditex plans to open stores in India)  Jordan - Feb 5, 2009
Meanwhile, Hong Kong retailer Esprit , peer to both H&M and Inditex, reported a 13% fall in first-half net profit on Wednesday, it's first earnings fall ...

And Reuters says (in PRESS DIGEST - Hong Kong - Feb 5)  -
Esprit International (0330.HK) has reported its first profit decline in the past 10 years. Its interim net profit to end-Dec fell 13 percent from the ...

Source:  Wall Street Journal
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