Europe-focused clothing retailer Esprit reported a net loss of HK$1.77 billion (US$225.5 million) for the six months ended December. Photo: ReutersEurope-focused clothing retailer Esprit reported a net loss of HK$1.77 billion (US$225.5 million) for the six months ended December. Photo: Reuters
Europe-focused clothing retailer Esprit reported a net loss of HK$1.77 billion (US$225.5 million) for the six months ended December. Photo: Reuters
Business /  Companies

Fashion group Esprit reports wider first-half loss on brand weakness

  • Esprit reported a net loss of HK$1.77 billion (US$225.5 million) for the six months ended December
  • The downbeat result includes a HK$924 million loss on provision for store closures and leases
  • Shares of Esprit have risen 30.8 per cent so far this year after a 62.74 per cent plunge in 2018
Topic |   Hong Kong company reporting season
Reuters
Reuters

Updated: 8:21pm, 26 Feb, 2019

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Europe-focused clothing retailer Esprit reported a net loss of HK$1.77 billion (US$225.5 million) for the six months ended December. Photo: ReutersEurope-focused clothing retailer Esprit reported a net loss of HK$1.77 billion (US$225.5 million) for the six months ended December. Photo: Reuters
Europe-focused clothing retailer Esprit reported a net loss of HK$1.77 billion (US$225.5 million) for the six months ended December. Photo: Reuters
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