Esprit Archives - Inside Retail Asia
Fashion label Esprit has unveiled a new concept store in Beijing as it continues its long journey of reinvention.
Hong Kong-headquartered fashion brand Esprit has signed a deal with German shoe retailer Deichmann to jointly develop a footwear range.
Esprit’s restructure is beginning to pay off, the company says, despite another quarterly same-store sales decline.
Fashion retailer Esprit shuttered 91 stores in the six months to December and recorded a loss of HK$1.773 billion.
Two new Esprit stores opened in Europe this month give an insight into the new direction of the embattled brand as it rebuilds.
Mia Ouakim will take up the new role of chief product and brand officer at Esprit.
A major Esprit revamp promises to restore sales growth and profits within five years.
Esprit sales slumped further in the first quarter as the embattled fashion brand’s store network continued to shrink.
Struggling fashion label Esprit is looking to a new CEO and incoming chairman to turn the business around after a horror year.
Esprit is on sale – a bargain at $1.99 for the last few months. Today it is even further discounted to $1.78.
As loss projection blows out to US$325 million, Esprit share price falls to just 25 cents.
Alibaba’s digital marketing arm Alimama has unveiled an AI copywriter which is already paying off for brands like Esprit and Dickies.