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Esprit Returns 16% In The First Quarter, 109 Net Stores.

Esprit Holdings Limited Global Holdings Limited announced that in the first quarter ended September 30th, revenue fell 16.4% to HK $5 billion 478 million over the same period. Sales in the German market, which accounted for nearly 50% of the group's revenues, fell 14% to HK $2 billion 596 million, while sales in other European countries dropped 17.2% to HK $2 billion 143 million, and the Asia Pacific region fell 22.3% to HK $706 million.