esprit news

esprit news and archive.

Fashion

Leading fashion firms call on Cambodian government to improve labour standards

Huw HughesMay 7, 2019

Leading fashion companies including Nike, PVH, Levi Strauss, Esprit, Adidas and Under Armour have signed an open letter to the Cambodian government urging

Report

Esprit optimistic about restructuring plan despite fall in sales

Huw HughesApril 30, 2019

Despite sales at Esprit falling 11.6 percent to 3,156 million Hong Kong dollars (402.3 million US dollars) for the first three months of the year, the company

Management

Esprit continues to struggle as first half revenues slide 14.4 percent

Prachi SinghFebruary 26, 2019

For the six months to December 31, 2018, Esprit Holdings Limited reported revenue of 6,766 million Hong Kong dollars (861.9 million dollars), representing a d

Fashion

Fashion giants sign UN charter to fight climate change. Will it work?

Marjorie van ElvenDecember 10, 2018

Can the biggest players in the fashion industry unite to stop global warming? The United Nations thinks so. During a climate change conference in Katowice

Management

Esprit CEO: Our plan is “ambitious but it’s also realistic”

Weixin ZhaDecember 5, 2018

Esprit-CEO: Our plan is “ambitious but it’s also realistic” CEO INTERVIEW Struggling fashion retailer Esprit has unveiled an ambitious pla

Report

Mia Ouakim is Esprit’s new Chief Product and Brand Officer

Marjorie van ElvenNovember 30, 2018

Esprit has appointed Mia Ouakim to the role of Chief Product and Brand Officer, following the announcement of major changes to the company’s brand and p

Video

Video: Esprit used to be an iconic brand....

FashionUnitedNovember 27, 2018

Source: FashionUnited

Business

“We’ve lost touch with our audience”: Esprit announces major changes

Marjorie van ElvenNovember 26, 2018

Esprit wants to be an iconic brand again. While still the third favorite fashion retailer in its home country, Germany, where it registers an impressive 87 pe

Report

Esprit continues to report revenue decline in Q1

Prachi SinghOctober 30, 2018

For the first quarter ended September 30, 2018, Esprit continued to report weakness in revenue as a result of declining customers’ traffic and extended warm

Management

Esprit posts 11 percent revenue decline in FY17/18

Prachi SinghSeptember 18, 2018

Esprit Holdings Limited in its annual financial results for the year ended June 30, 2018, said that revenue of the group amounted to 15,455 million Hong Kong

News

Esprit and IndustriALL collaborate to improve workers’ rights

Simone PreussAugust 8, 2018

*Multinational fashion brand Esprit and IndustriALL Global Union, the world's largest sectorial trade union organisation, announced the signing of a global fr

Business

Esprit and IndustriALL collaborate to improve workers’ rights

Simone PreussAugust 8, 2018

*Multinational fashion brand Esprit and IndustriALL Global Union, the world's largest sectorial trade union organisation, announced the signing of a global fr

Report

Esprit expects to report a huge loss for FY17/18

Prachi SinghJune 25, 2018

The board of directors of Esprit Holdings Limited has issued a statement saying, based on its preliminary review of the unaudited consolidated management acco

Retail

Esprit’s Instagram posts are now shoppable

Marjorie van ElvenMay 22, 2018

It is now possible to buy Esprit’s products directly through its Instagram account, the brand revealed this Tuesday. Pictures with tagged products will inc

Report

Rafael Pastor Espuch leaves his position as chief product officer at Esprit

Marjorie van ElvenMay 14, 2018

*Rafael Pastor Espuch is to step down from his job as chief product officer at Esprit, according to a statement issued by the company. He will exit his role o

Business

Esprit joins other major retailers in mohair ban

Marjorie van ElvenMay 14, 2018

*Esprit is the latest retailer to halt the use of mohair in its collections, following an expose from PETA concerning animal abuse at goat farms in South Afri

Retail

Esprit decides to stop operations in Australia and New Zealand

FashionUnitedMay 3, 2018

Esprit Holdings Limited has decided to close all its stores in Australia and New Zealand, as the region has proved to be loss-making. In a statement for inve

Management

Ex-New Look CEO Anders Kristiansen to take charge at Esprit

Prachi SinghMarch 21, 2018

The board of directors of Esprit Holdings Limited has announced that Anders Kristiansen has been appointed to succeed Jose Manuel Martínez Gutiérrez as Exec

Management

Esprit posts H1 net loss of 954 mn Hong Kong dollars on weak sales

Prachi SinghFebruary 28, 2018

Esprit Holdings Limited, for the six months ended December 31, 2017 reported revenue of 8,039 million Hong Kong dollars (1,027 million dollars). The reported

Management

Esprit must focus on its product

FashionUnitedSeptember 12, 2013

Esprit must focus on its product

Retail

Esprit shutters Hong Kong flagship in midst of financial hardship

Kristopher FraserJanuary 26, 2018

As Esprit continues to struggle financially and with bringing in customers, they have opted to shutter their Hong Kong flagship store. They will also close

Management

Esprit expects to report net loss in H1 on declining sales

Prachi SinghJanuary 26, 2018

Esprit Holdings Limited, based on its preliminary review of the unaudited results of the company for the six months ended December 31, 2017 has announced that

Business

Myntra wins distribution rights for Esprit in India

Danielle Wightman-StoneOctober 2, 2017

Myntra, India's largest platform for fashion and lifestyle, has won the master distribution and management rights for international brand Esprit to bring the

Report

Myntra brings back Esprit to India, to open 15 stores

Prachi SinghSeptember 28, 2017

Esprit has granted exclusive distribution and management rights to Myntra, leading Indian fashion platform. The company said in a statement that the target i

Management

Esprit posts net profit growth in FY16/17 but revenues drop 8.7 percent

Prachi SinghSeptember 20, 2017

For the year ended June 30, 2017, Esprit reported a net profit of 67 million Hong Kong dollars (8.5 million dollars), representing an improvement in the group

Business

Bringing shipping into shopping - Esprit, Levi Strauss called to aid dock workers

Simone PreussMay 30, 2017

After garment workers as the immediate people who make our clothes, it is time to extend our thoughts to the whole supply chain and all those who work on maki

Management

Esprit books profit in H1 but revenues drop 9.9 percent

Prachi SinghFebruary 22, 2017

Esprit Group revenue for 1H FY16/17 amounted to 8,323 million Hong Kong dollars (1,072 million dollars) against 9,315 million Hong Kong dollars (1,200 million

Fashion

In Picture: Back to the '90s with Esprit by Opening Ceremony

Vivian HendrikszSeptember 12, 2016

US fashion retailer Opening Ceremony reworked Esprit's 90s classics. "It's our interpretation of the Esprit staples that we hoarded growing up, and we hope t

Report

Esprit expects to break even on net income level this fiscal

Prachi SinghJuly 19, 2016

Based on its preliminary review of its unaudited consolidated management accounts for the full financial year ended June 30, 2016, Esprit management currently

Report

Esprit H1 turnover declines, offers upbeat outlook

Prachi SinghFebruary 24, 2016

REPORTEsprit Group turnover for the first half of FY15/16 declined 0.4 percent in local currency. The company said that it is a substantial improvement after

Report