Newest Esprit stores reveals new concept

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Two new Esprit stores opened in Europe this month give an insight into the new direction of the embattled brand as it rebuilds. In the historic centre of Liege in Belgium a new 400sqm boutique stocks only womenswear. According to an understated news release issued in Germany, the “modern and bright store design creates a pleasant and warm atmosphere”.
A standout feature is a denim wall standing in front of a brick wall painted in light grey. The floor comprises terrazzo tiles and oak parquet.
The new store also reflects a growing focus on Esprit’s e-commerce offer, with a click & collect area for customers to pick up items they have ordered online.
The second of the Esprit stores to open in Europe this month is an outlet store at Wolfsburg in Germany.
The 400sqm store is described by Esprit as “an important location” in its outlet portfolio. It offers both women’s and men’s apparel.
Michael Ernst, centre manager of Designer Outlets Wolfsburg, says customers have been asking for an Esprit store at the centre for several years.
“We are delighted to be able to fulfil this wish now. The new store offers an attractive range of fashion at excellent value.”
Designer Outlets Wolfsburg is the first inner-city outlet centre in Germany, home to more than 70 designer and lifestyle brands.
After ongoing losses, Esprit last year launched a massive overhaul of its business with a new management team at the helm, promising changes to product, its retail network and its e-commerce offer.
The company is due to release its interim results this week.
Questions & Answers
Q.What is the key difference in the product offering between the two new Esprit stores?
What is the key difference in the product offering between the two new Esprit stores?
The Liege store exclusively stocks womenswear, focusing on a boutique experience. In contrast, the Wolfsburg outlet store offers both women's and men's apparel, catering to a broader customer base with value-focused fashion.
Q.What initiatives has Esprit taken to address its financial difficulties?
What initiatives has Esprit taken to address its financial difficulties?
Following ongoing losses, Esprit launched a major business overhaul last year. This included appointing a new management team and promising changes across product lines, its retail network, and its e-commerce offerings.
Q.How does the new Liege store integrate Esprit's online sales strategy?
How does the new Liege store integrate Esprit's online sales strategy?
The new Liege store includes a dedicated click & collect area for customers. This feature allows them to conveniently pick up items that they have previously ordered through Esprit's e-commerce platform.
Q.Where are the two new Esprit stores located?
Where are the two new Esprit stores located?
One of the new Esprit stores is located in the historic centre of Liege, Belgium. The second store is an outlet in Wolfsburg, Germany, situated within the Designer Outlets Wolfsburg centre.
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