Esprit Slides Most in Two Years on 98% Decline in Net Income

Esprit Slides Most in Two Years on 98% Decline in Net Income

Jerome Favre/Bloomberg

Clothes hang in front of an Esprit Holdings Ltd. logo inside a store in Hong Kong. Profit excluding exceptional items fell 30 percent to HK$2.35 billion, Esprit said in its earnings statement to Hong Kong’s stock exchange.