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Esprit falls as recession hits core European markets external link

Rate   Alibaba News Channel | Sun, May 17

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Sun, May 17  NEW YORK
HONG KONG, May 18 - Shares of Esprit, the world's No.6 fashion brand by market capitalisation, fell more than 6.7 percent on concern over its earnings outlook amid a recession in its core markets in Europe, in particular Germany, which constitutes half ...

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3 mainstream media weighed in on a similar topic

Thumbnail 6 Months Ago, Reuters says (in HK shares drop 1.3 pct; Esprit slides on Europe data) 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

9 Months Ago, Wall Street Journal says (in Asian Shares Mixed; Japan Exporters Helped By Yen) Volume was low on Hong Kong's Hang Seng index, with about half of blue chips higher, half down. Esprit, up 2.2% at HK$43.70, was the only index member to rise or fall more than 2%. In New Zealand, PGG Wrightson was up 9.7% after saying it has agreement ...

And FXstreet.com says (in Asian Shares Mixed; Japan Exporters Helped By Yen)  Spain
Volume was low on Hong Kong's Hang Seng index, with about half of blue chips higher, half down. Esprit, up 2.2% at HK$43.70, was the only index member to rise or fall more than 2%. In New Zealand, PGG Wrightson was up 9.7% after saying it has agreement ...

Source:  Alibaba News Channel
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