Esprit Is Top Fashion Stock Again As Rerating Kicks in ; Market Report

Evening Standard - London › February 18, 2004

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Summary

FOR clothing retailer Esprit the good news from the Hong Kong market manages to go on and on.

Days after it turned in a stellar set of results - including plans for a major UK expansion - the stock's rerating continues apace, with the shares advancing a further HK$1.10 or 3.5% today to HK$33.

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Esprit Is Top Fashion Stock Again As Rerating Kicks in ; Market Report

"Formidable strength in the core business is opening new doors to growth in both wholesale and retail," JP Morgan's analysts said in a note on the chai...

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