Q1 Quarter Sales Fell Sharply

< p > EspritHoldingsLimited (HK:0330) < a href= "http://www.91se91.com/news/index_c.asp" > Si Jie global /a Holdings Limited closed the first quarter of fiscal year 2014 in October 29th after closing. As of the first quarter of September 30, 2013, Esprit's global income declined by 0.8% to HK $6 billion 552 million.

On Tuesday, EspritHoldingsLimited (HK:0330) index Global Holdings closed at HK $13.08, up 0.93%.

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< p > at the same time, EspritHoldingsLimited (HK:0330) Si Jie Global Holdings Limited has appointed Zara parent company InditexSA (ITX.MC) senior former employee RafaelPastorEspuch as the group product president, instead of MelodyHarris-Jensbach who will leave in October 31st.

RafaelPastorEspuch will report directly to Chief Executive Officer JoseManuelMart nezGuti nezGuti rrez, who will be responsible for managing product creation and design of all brands in the Esprit brand.

RafaelPastorEspuch has worked in InditexSA (ITX.MC) for about 18 years, including business strategy, product design, production, planning and distribution.

Over the past 12 years, RafaelPastorEspuch has served as Zara's executive director of "a href=" http://www.91se91.com/news/index_c.asp "> women's wear" /a "product department ZaraBasic, managing over 2 billion euros.

Prior to 1995, he was responsible for the Zarashoes product manager, the international garment product manager of the United States, Greece and the Middle East market and the director of other women's clothing department, from 2001 to 2001.

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By P, retail sales in Esprit quarter rose by 2.9% to HK $3 billion 570 million in the first quarter of September 30, 2013.

The net sales area of retail sales decreased by 3.5% compared with the same period last year, excluding retail outlets and those with deficit contracts, and retail sales increased by 4.7%.

Excluding retail outlets and shops with defective contracts, retail sales in Europe increased by 11.4% to HK $2 billion 697 million, mainly from the same store sales growth of 1.6% and sales area by 3%.

Retail sales in the Asia Pacific region continued to be weak. In the first quarter, sales fell by 15.1% to HK $694 million, mainly due to an annual reduction of -7.1% in retail area and 7.5% decline in same store sales due to the supply of goods.

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< p > first quarter Esprit a href= "http://www.91se91.com/news/index_c.asp" > wholesale sales < /a > fell 6.1% to HK $2 billion 904 million, mainly due to the control of wholesale area by an annual reduction of -13.2%.

Similar to retail, in the local currency, the wholesale turnover and controllable area in Asia Pacific decreased year by year (-23.8% and -17.9% respectively), which was more negative than that in Europe (-7.9% decrease in turnover and net sales area decreased by -12.1%).

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According to the category, in the first quarter, the sales of Esprit's brand women's clothing fell by 7.2% to HK $2 billion 407 million, and the sales of Esprit's brand men's clothing fell by 17% to HK $845 million. EDC brand sales fell 7.4% to HK $1 billion 576 million, including shoes, accessories, baby wear, children's wear, mobile series and authorized glasses, jewelry, bed and bath products, home series and other income increased 33.5% to HK $1 billion 724 million P.

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