Esprit Chairman, CEO Bought Shares Days Before Record Rally

Updated on
  • Shares jump 34.5% this week, record weekly gain since 1993
  • Chairman, CEO's October purchases gain more than HK$3 million

Esprit Holdings Ltd.’s chairman and chief executive officer have booked more than HK$3 million ($387,094) in gains on the company’s shares that they bought this month, as the clothing retailer’s stock surged by a weekly record after its better-than-expected sales report on Monday. Esprit said its board approved those purchases.

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