Esprit to license brand amid US subsidiaries filing for bankruptcy
Filed in the Bankruptcy Court for the Southern District of New York on 25 October, the move comes amid what…
Esprit Holdings
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Esprit moves to IP management model, plans expansion of licensing operations
Esprit said during FY23 its licensing revenue reached HK$121m ($15.48m). “With the right strategic partners in place, there is significant…
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Esprit explores options after halting initial China business bid talks
Esprit pointed out the initial potential bidder for its China business offered "unfavourable terms and conditions". It added that it…
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Week in review: Bleak end to 2024 for global fashion retailers
When sportswear giant Nike says it is concerned about the challenges that lie ahead for the remainder of 2024, it's…
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Esprit reportedly seeking investment to avert collapse of European business
According to Wall Street Journal (WSJ), Esprit is reportedly seeking potential investors to assist the company in "restructuring and turnaround…
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Esprit swings to loss in H1 on macroeconomic pressures, but pledges stronger second half
Hong Kong-based Esprit cited its performance woes to the challenging economic climate and the ongoing Ukraine war as factors contributing…
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Esprit’s new CEO plans global comeback with omni-channel strategy
Esprit's interim chief executive officer (CEO) William Pak who is now in the role permanently and the rest of his…
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Leadership shake-up at Esprit as Daley quits CEO post
Esprit announced on 27 October that its CEO Mark Daley had resigned from his role as CEO, executive director, president…
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New Esprit collection coloured with plant-based dyes
Fashion retailer Esprit has unveiled a collection of garments dyed using upcycled leftovers of almond shells, rosemary, bitter orange, and beetroot. The Hong Kong-listed firm,…
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Pandemic puts East European garment workers at risk too
Garment workers in Serbia, Ukraine, Croatia and Bulgaria are said to be earning less than a living wage producing clothes for…
