Esprit Archives - Inside Retail Asia
Struggling Esprit axes more stores, 1200 staff
Apparel chain Esprit will axe 1200 employees globally, including 100 in its Hong Kong office and 800 store employees in Germany as part of its ongoing restructuring programme.
Asia-Pacific apparel markets well placed to survive Covid-19 fallout
Asia-Pacific apparel markets are better placed to counter the impact from the Covid-19 crisis than those of North America and Europe, according to research from GlobalData.
Esprit to close all of its Asian stores by June 30
Crippled apparel group Esprit is to close all its stores in Asia, except those in Mainland China, by the end of June.
Esprit Bodywear concept store debuts in Europe
Fashion label Esprit has opened its first Esprit Bodywear concept store in an exclusive partnership with Dutch group Van Keulen Retail.
Esprit places its German subsidiaries into administration
Hong Kong-listed apparel retailer Esprit has placed six German subsidiary companies in administration to give them protection during the coronavirus crisis which has decimated sales.
Esprit warns of big loss as Europe shuts down
Fast-fashion retailer Esprit says foot traffic into its stores worldwide have evaporated in the wake of the coronavirus pandemic and warns shareholders that will cause a “considerable loss”.
Embattled Esprit posts another loss as sales tumble 40 per cent in Asia
Embattled fashion label Esprit has posted another loss in the December half year, as sales plunged by HK$1 billion.
Key Esprit hire quits after just one year in the role
A key executive hired as part of fashion label Esprit Holdings’ turnaround plan has quit unexpectedly after just one year in the role.
New partner signed to manage Esprit Kids range
Hong Kong headquartered fashion brand Esprit has signed with Kids Fashion Group (KFG) to manage the firm’s design, production and distribution of the Esprit Kids collection.
Esprit launches joint venture to run Mainland China business
Hong Kong-listed fashion retailer Esprit has announced a joint venture business to take over the marketing and retailing of its products in Mainland China.
Esprit results signal early signs of recovery
Embattled fashion retailer Esprit believes its first-quarter results prove its restructuring program is on track.
Esprit results signal early signs of recovery
Embattled fashion retailer Esprit believes its first-quarter results prove its restructuring program is on track.