Posted AT 6:49 AM EST on 27/08/08
Esprit profit rises, but lags forecasts
HONG KONG — Esprit, the world's No. 5 fashion retailer, lagged forecasts with a 12.5 per cent rise in second-half profit, as waning consumer sentiment in its core European market offset a strong euro and sales growth elsewhere.
Esprit, which is fighting for a larger share of Asia's booming fashion markets and invests up to $40-million (U.S.
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