Fashion Retailer Esprit Gains 150% Amid Potential Private Equity Investment [Forbes]
ESPRIT HLDGS S/ADR (ESPGY)
NASDAQ:AMEX Investor Relations:
esprit.com/investor_relations
Company Research
Source: Forbes
Hong Kong-based Esprit Holdings , the once high-flying fashion retailer with a global presence, saw its shares skyrocket 150% over the past two days as the company said it is in talks with an undisclosed international private equity firm to help turn around its struggling businesses in Europe. In a filing to the Hong Kong stock exchange on Wednesday, Esprit announced that the private equity firm had expressed interest in submitting a non-binding offer of a potential partnership. The prospective deal involves the private equity firm taking control of Esprit's European businesses and assisting their restructuring and turnaround, the apparel retailer said. The firm was also interested in investing in Esprit, it added. The announcement comes two days after Esprit said its Belgium subsidiary had filed for insolvency proceedings at the local court of the European country. The fashion house blamed high energy and logistics costs, negative consumer sentiment and expensive rents for the i
Show less
Read more
Impact Snapshot
Event Time:
ESPGY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ESPGY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ESPGY alerts
High impacting ESPRIT HLDGS S/ADR news events
Weekly update
A roundup of the hottest topics