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#esprit

Every story tagged #esprit on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

70 stories in this topic

esprit hongkong
Fashion
2 min read

Esprit restructures its marketing division

Back in April, Vincent Jeanniard already joined the Esprit fashion group as Head of Global Marketing. The 46-year-old executive is leading the fusion of the company’s brand and go-to-market marketing teams into one department. The move is intended to ramp up…

1x 11
Fashion
1 min read

Esprit looks to open physical stores in India

Hong Kong-based fashion brand Esprit is planning to make a comeback in the Indian market and looking for mall space to open stores. Esprit is also in talks with online fashion retailer Myntra to boost offline presence of the brand, citing sources. Esprit is…

esprit jewellery
Fashion
1 min read

Esprit jewellery set for revamp with new partner

The Esprit jewellery line-up is set for a major revamp after the appointment of a new licensee, Versteegh modeaccessoires effective July 1. Esprit says that with more than 60 years of experience in the wholesale trade, Versteegh brings valuable know-how and…

esprit
Fashion
1 min read

Esprit announces branded jewelry collection from Versteegh

Esprit has concluded a new license partnership in the area of fashion jewelry with Versteegh modeaccessoires effective 1 July 2017. With more than 60 years of experience in the wholesale trade, Versteegh brings to the cooperation valuable know-how and…

giordano store
Fashion
4 min read

Retail woes a boost for Hong Kong indie fashion

High-end international brands have long held court alongside local Hong Kong indie fashion designers – who are now enjoying greater visibility in the city’s vibrant retail market. The city’s deep-rooted love of luxury has seen names like Gucci and Hermes open…

esprit
Fashion
2 min read

Esprit Holdings moves out of the red

Fashion group Esprit Holdings says it has made a “significant recovery”, turning around its HK$238 million (US$30.6 million) loss to record a net profit of HK$61 million for its first half. While the improvement was driven by retail sales, the group says two…

esprit
Fashion
1 min read

Esprit India to sell on Myntra

Esprit India has secured an exclusive online partnership with online fashion retailer Myntra. Esprit will sell its men’s and women’s casual wear range on the platform, and will launch its latest collection exclusively online on Myntra. The all new winter wear…

1x 11
Fashion
2 min read

Esprit posts profit in major recovery

Esprit Holdings (0330) posted a net profit of HK$21 million for the financial year ended June, marking a sharp turnaround from a HK$3.7 billion loss in the previous financial year. Chairman Raymond Or Ching-fai said the company’s return to the black was…

esprit hongkong
Fashion
1 min read

Esprit sales flat

Reporting “flat” revenue for its third quarter, Hong Kong-listed clothing retailer Esprit Holdings points the finger at negative growth in its Asia Pacific stores, as well as weakness in its wholesale channel. There was a marginal decline of 0.1 per cent in…

esprit hongkong
Fashion
2 min read

Esprit sales flat, as expected

Largely in line with expectations, Esprit sales were flat, the fashion brand says in its interim report for the six months to December 31. While its overall turnover was down 0.4 per cent overall, retail turnover grew 6 per cent while wholesale turnover fell…

esprit
Fashion
2 min read

Losses force Esprit to downsize

Following a first half loss of HK$238 million (US$30.6 million), fashion retailer Esprit plans to prune unprofitable outlets while improving productivity. “In the very short term, we will continue to see the closure of unprofitable spaces from our retail…

1x 11
Fashion
1 min read

Esprit remains confident despite first-half loss

A strategic plan is starting to yield results for Esprit, which is buoyant in its outlook despite a first-half loss weighted on by weakened demand in China. Net loss for the Hong Kong-listed fashion retailer amounted to HKD238m (£22m) for the six months to 31…

LiuWen8
Fashion
1 min read

Clothing retailer Esprit reports first-half loss

Clothing retailer Esprit Holdings Ltd (0330.HK) posted a loss in the first half, hurt by a slowdown in China and a weak euro. Esprit reported a net loss of HK$238 million ($30.7 million) for the six months ended in December, compared with a profit of HK$47…

esprit
Real Estate
1 min read

Esprit sells Hong Kong offices to free cash

Embattled apparel retailer Esprit has sold its Hong Kong office block on a leaseback arrangement to free capital for its continuing reform plan. The transaction will deliver Esprit an estimated one-off net gain of HK$725 million. The company said in a…

1x 11
Fashion
2 min read

Esprit just made a lot of money? Look again

Fashion icon Esprit is making headlines again, this time for the profitable sale of its Hong Kong headquarters. The struggling retailer said it made a profit of HK$725 million (US$93.53 million) from the sale of the premises — five floors in Enterprise Square…