Esprit Archives - Inside Retail Philippines
A major Esprit revamp promises to restore sales growth and profits within five years.
Struggling fashion label Esprit is looking to a new CEO and incoming chairman to turn the business around after a horror year.
Leadership changes have been announced by Esprit Holdings.
A special capsule collection for women and men featuring recycled-plastic fabric has been launched by Esprit.
Asia Pacific revenue fell 17.5 per cent year on year for Esprit Holdings for its fiscal year to the end of June.
Esprit Holdings expects to more than double its net profit for its financial year to the end of June.
Esprit Holdings reports a “significant recovery” in turning around a HK$238 million loss to a net profit of HK$61 million.
A strong retail performance led to a net profit of HK$21 million for Esprit Holdings for its latest fiscal year.
Hong Kong-listed clothing retailer Esprit Holdings points the finger at weakness in its wholesale channel and Asia Pacific macroeconomics.