Esprit Holdings has wrapped up the first nine months of...

Esprit Holdings has wrapped up the first nine months of the fiscal year with sales down by 2.1 percent to 27.18 billion Hong Kong dollars (€2.51bn-$3.51bn). Comparable store sales grew by 6 percent, with 6.9 percent same-store growth in Europe. Overall sales in Europe fell by 3.5 percent to HK$23.2 billion (€2.14bn-$2.99bn). Asian revenue grew by 8.5 percent, and sales in North America were up by 0.4 percent. Wholesale sales fell by 8.0 percent to HK$14.77 billion (€1.36bn-$1.91bn), while retail sales saw growth of 5.9 percent to HK$12.22 billion (€1.13bn-$1.58bn). The number of directly operated stores grew by 85 units to a total of 782 units during the nine-month period. Another 142 Esprit stores operated by partners were added to the brand’s network, reaching a total of 1,557 franchises.