Mourning for Esprit: Voices from the Internet

The people behind Esprit have had a difficult week. The clothing group announced last week that it would only focus on the licensing business. Operational activities such as sales and production are to be completely handed over to a licensing partner. The approximately 1,300 employees still in Germany are now worried about their jobs because potential investors could significantly reduce activities in Germany. The Dutch subsidiary Esprit BV is to cease operations.