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Profit worries beat Hong Kong shares down 3 pct external link

Rate   Forbes | Wed, Apr 8

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Wed, Apr 8 Esprit sank 5.9 percent to HK$41.35 after the world's No. 6 fashion brand announced it was replacing its chief executive Heinz Krogner with Ronald Van der Vis, who will take over on or before Nov 1. Investors are concerned about Van der Vis's lack of ...

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Meanwhile in Hong Kong, a key Asian market for Esprit, the economy shrank 4.3 percent in the first quarter, the most since records began in 1990, and double the contraction expected by some analysts, following a plunge in exports and private ... Hong Kong a place of superlatives Canada.com

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 UK HONG KONG, May 13 (Reuters) - Fashion retailer Esprit Holdings Ltd on Wednesday said retail store sales rose 6 percent year on year for the nine months ended March 31, of which Europe posted the biggest increase of 6.9 percent. ...

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Rate Esprit posts 6 pct growth in 9-mth retail store sales external link

source: Reuters

HONG KONG, May 13 (Reuters) - Fashion retailer Esprit Holdings Ltd (0330.HK) on Wednesday said retail store sales rose 6 percent year on year for the nine months ended March 31, of which Europe posted the biggest increase of 6.9 percent. ...

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Shares of Hong Kong Exchanges & Clearing dropped 5.7% after Macquarie Research downgraded the stock to "underperform" from neutral. Esprit Holdings fell 6% after the clothing retailer said it was replacing Chief Executive Heinz Krogner by Nov. 1. ...

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HKEx shares have piled on nearly 60 percent in a month, compared with a 32 percent jump on the benchmark Hang Seng Index. Turnover rose to HK$37 billion compared with midday Tuesday's HK$28 billion. Esprit (0330.HK) sank 6 percent to HK$41.30 after the ...

Published Tue, Apr 7

Source:  Forbes
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