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
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
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
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
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
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
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
Esprit’s FW20 collection is focused around the concept of #Reconnect, with nature, loved ones and ourselves. The womenswear and menswear styles revolve around high-quality materials, prints and sustainability, celebrating the return to modern essentials and comfort. From casual to chic For this collection, the focus is on layering knitwear, maxi...
Sep 9, 2020
Esprit has announced that its new major shareholder North Point Talent Limited has proposed the removal of the company’s executive directors. Having increased its stake by 12.74 percent of Esprit’s total outstanding shares, Hong Kong-based North Point is now the Ratingen-based retailer’s largest shareholder. The company additionally demanded the...
Jul 10, 2020
Esprit has announced that it has received a green light from the Düsseldorf District Court for the restructuring process. The company said in a statement that the key elements of the restructuring plan include headcount reductions of approximately 1,200 employees or 20 percent of the workforce, in the range of 800 store employees in Germany, 300...
Jul 1, 2020
The first stores in Vienna and Berlin are open again, after they were forced to close about a month ago due to Covid-19. Now, fashion retailers are mainly concerned with how sales and footfall will develop over the coming weeks and months. Here are the impressions from the first days of the shop reopenings. The green shop concept Glore “In terms...
Apr 24, 2020
Californian spirit inspired exciting design collaboration with Pacsun Ratingen/Los Angeles - (Friday, March 6, 2020) - Esprit returns to the United States with an exciting design collaboration with Southern California retailer, PacSun. The Esprit by PacSun Spring Summer 2020 collection brings a new twist on 90s silhouettes reflecting an...
Mar 12, 2020
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