Brief: Esprit Holdings Expects Group To Incur A Considerable Loss In 2H Fy19/20
16/03/2020 10:44
March 16 (Reuters) - Esprit Holdings Ltd 0330.HK :
* ESPRIT HOLDINGS LTD - EXPECTS GROUP TO INCUR A
CONSIDERABLE LOSS
IN 2H FY19/20
* ESPRIT HOLDINGS LTD - PANDEMIC WILL SIGNIFICANTLY
ADVERSELY
IMPACT SALES OF GROUP IN H2 OF CURRENT FY ENDING 30 JUNE
* ESPRIT HOLDINGS LTD- STORE TRAFFIC IN GROUP'S RETAIL
STORES AND
ITS PARTNERS' POINTS OF SALE HAS SUBSIDED ENTIRELY DUE TO
COVID-19
* ESPRIT HOLDINGS - AS AT DATE OF ANNOUNCEMENT, MANAGEMENT
CANNOT
QUANTIFY ACTUAL IMPACT OF COVID-19 PANDEMIC ON GROUP'S BUSINESS
PERFORMANCE
Source text for Eikon: ID:nHKS7gVnjs
Further company coverage: 0330.HK
((Reuters.Briefs@thomsonreuters.com;))
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