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Esprit news and archive

Esprit to launch business hubs focused on global expansion and customer engagement

California lifestyle brand Esprit has revealed a new initiative designed to reinvent customer engagement experiences through data analytics. Consisting of a network of hubs for business innovation and technology, Esprit Futura comes as part of the retailer’s digital strategy and looks to utilise data to drive its global expansion. The hubs will...

May 13, 2022

Fashion

Esprit collaborates with Korean brand Rest & Recreation

Esprit is signifying its return to Asia with a collaboration with Korean contemporary label Rest & Recreation from designer Kim Ji-eun, best known for her Gangnam-based fashion brand Fleamadonna. The collaboration, which Esprit states will kickstart its global expansion and comeback, is the brand’s first designed in Korea collection and...

Apr 27, 2022

People

Esprit names SVP head of whole and brand merchandising in Europe

Esprit has promoted Raphael Heinold to senior vice president, head of wholesale and brand merchandising in Europe from head of product EU. In his new role, Heinold will be responsible for the European wholesale function and the newly merged brand merchandising function comprising of product management, omnichannel management and label...

Apr 22, 2022

ManagementFeatured

Esprit swings to first annual profit since 2017

Fashion retailer Esprit has reported its first full-year profit in five years under its new management. In the 12 months to 31 December, the company swung to a net profit of 381 million Hong Kong dollars (43.7 million euros), the first time it has made an annual profit since 2017. The company’s return to the black came as it reported an increase...

Mar 30, 2022

ManagementFeatured

Esprit names new leadership team to enable international comeback

Fashion brand Esprit has announced a new senior leadership team, including chief executive, chief financial officer, chief product officer and chief digital and marketing officer to “shake up brand” for an international comeback. Esprit has confirmed William Pak as chief executive officer. Described by the brand as a “seasoned business leader,”...

Mar 14, 2022

ReportFeatured

Esprit names chief product officer, says ‘exciting developments’ in pipeline

Esprit has appointed a new chief product officer and has revealed a number of “exciting developments” in the pipeline to “revitalize” the brand. Sang Langill, who joined the business in September, has been named the new chief product officer. The brand is also set to launch a series of new capsule collections “drawing on its rich history and...

Dec 30, 2021

ManagementFeatured

Esprit chief exits after less than a year, interim CEO announced

Esprit CEO, president and executive director Mark Daley has exited the company after less than a year at its helm due to personal family matters. “Mr Daley has confirmed that he has no disagreement with the board and there are no matters in relation to his resignation that need to be brought to the attention of the shareholders of the company,”...

Oct 28, 2021

Fashion

Esprit - Organic Cotton

Sustainable Spring Essentials Made from Organic Cotton What are we looking forward to? Finally replacing the thick winter wardrobe with fresh spring styles, especially, if they are sustainable on top of that! The production of Esprit’s collection increasingly uses products with sustainable materials, such as organic cotton, which is grown...

May 11, 2021

People

New CEO for Esprit Holdings Limited, rest of management also shaken

The management of Esprit Holdings Limited has been shaken again. The company has, among other things, found a new CEO and CPO, according to a press release. Mark Daley will assume the role of CEO. He takes over from Anders Kristiansen. Daley has over thirty years of experience in the retail industry. He has served as CEO at Billy Reid, the...

Dec 28, 2020

Management

Esprit CEO and CFO to step down

Esprit Group has announced that its CEO Anders Kristiansen [pictured] and chief financial officer (CFO) Johannes Schmidt-Schultes are both exiting the company next year. Kristiansen, who was formerly managing director of New Look, has been at the helm of Esprit since June 2018 and has led the group’s restructuring process during what the company...

Dec 18, 2020

Report

Esprit subsidiaries get creditor green light for insolvency plans

Apparel retailer Esprit announced Sunday the insolvency plans it developed for its six German subsidiaries have been approved by creditors and confirmed by the Dusseldorf court. The process allows “a complete restart for the group” enabled by substantial debt forgiveness for the six German subsidiaries. The company said that after the final and...

Nov 2, 2020

Business

Esprit sees revenue drop 24 percent

Sales at Esprit have plummeted during the pandemic, as the company posted a 23,65 percent drop in revenue. After a promising start to the year, the Hong Kong based retailer saw a tangible shrinking of its sales and profits. The group recorded revenues of 9.87 billion Hong Kong dollars (approximately 1.07 billion euros), with gross profit down...

Oct 1, 2020