According to Reuters market review, shares of Europe-focused fashion retailer Esprit Holdings fell 5.6% to a more than three-month low on growing concern about the spread of Europe’s debt crisis to other weak eurozone countries.

             Esprit, which competes with Swedish clothing retailer Hennes & Mauritz (H&M), USA based group GAP and Spain’s Inditex, said total sales in the nine months ended March eased 1.8 percent from a year earlier, despite an improving global economy.

Sales in Europe accounted for 84 percent of Esprit’s total turnover during the nine-month period.

If thinking of investing in this asset take a look at their latest released Unaudited results sheet:

esprit 1st quarter 2010

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