Saturday, September 29, 2012
Esprit profit misses forecasts, shares dive amid gloomy outlook
HONG KONG, Sept 26 (Reuters) - Esprit Holdings Ltd posted second-half profit that missed analyst forecasts and said a slowing Chinese economy and lingering euro zone problems continue to pose risks to its business, briefly sending its shares more than 8 percent lower. Esprit - AW 2012/13Esprit, which sells everything from bed sheets to jeans and generates three-quarters of its sales in Europe, has been trying to restructure its retail business as sales slow, but the company said on Wednesday
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