Esprit Holdings - apparel and textile industry company news 
Who has signed the Bangladesh safety accord?
24 May 2013
A total of 40 companies have signed the Accord on Fire and Building Safety in Bangladesh following the Rana Plaza factory building collapse, which killed more than 1,000 people.
HONG KONG: Esprit in profit warning after Q3 sales dip
8 May 2013
Struggling fashion business Esprit Holdings has issued a profit warning on the back of one-off charges likely to cost the company up to HK$2.75bn (US$354m).
HONG KONG: Luen Thai completes $55m Ocean Sky buy
30 April 2013
Hong Kong listed Luen Thai Holdings, one of the world's leading apparel manufacturing and supply chain services providers, has completed its US$55m acquisition of Singapore-based Ocean Sky Group.
Focus: Apparel sales in Asia Pacific
27 March 2013
Apparel sales in the Asia Pacific region are continuing on a golden growth trajectory despite a slowdown in China. Domestic brands are continuing to hold their own, and foreign brands intent on making further inroads are increasingly focusing on lower-tier cities for growth.
HONG KONG: Ex-Inditex execs to lead Esprit's new strategy
21 March 2013
Hong Kong-based fashion retailer Esprit has added three more former Inditex executives to its team to lead the company's new corporate strategy as well as develop and implement some of its major projects.
CAMBODIA: European activists detained at garment protest
11 March 2013
European activists have been detained by Cambodian police after taking part in a protest outside the E Garment clothing factory near Phnom Penh.
Question marks over new zero discharge roadmap
7 March 2013
Leading fashion brands and retailers have joined forces to issue an update on their joint “roadmap” aimed at securing zero discharge of hazardous chemicals in their supply chains by 2020. But the revised plans have already come under fire.
In the money: Will Esprit fail in its turnaround efforts?
28 February 2013
Esprit's plans to rejuvenate its brand have been described as a "total calamitous failure" by one analyst after the fashion retailer's turnaround efforts yet again failed to gain traction.
HONG KONG: Esprit swings to H1 net loss of US$59.9m
27 February 2013
Troubled Hong Kong-based fashion retailer Esprit has swung to a first half loss after reductions in operating costs failed to offset lower sales.
DENMARK: IC Companys joins Sustainable Apparel Coalition
21 February 2013
Danish clothing firm IC Companys has joined the Sustainable Apparel Coalition (SAC), which works to reduce the environmental and social impacts of global apparel and footwear production.
INDIA: Apparel lifts Aditya Birla Nuvo Q3 profit
14 February 2013
Indian conglomerate Aditya Birla Nuvo today (14 February) said it has seen its third-quarter profit and revenues increase, boosted by gains in its apparel business.
US: Cache names Margolis CEO as Reinckens resigns
6 February 2013
Women's wear retailer Cache has appointed Jay Margolis as its chairman and chief executive officer, replacing Thomas Reinckens who has stepped down.
The Flanarant: Compliance campaigns set to take a new direction
1 February 2013
Two campaigns carried out over the past two years by two groups of activists have achieved very different results. Whereas Greenpeace has successfully corralled major brands and retailers into its Detox programme, the Bangladesh Fire and Building Safety Agreement (BFBSA) campaign has struggled to make a mark. Mike Flanagan looks at what the Bangladesh factory fire row tells us about the future of compliance.
The Flanarant: How's sourcing going to be in 2013?
14 January 2013
Sourcing is influenced by a lot more than wages and fabric prices. Infrastructure, social tension, energy costs, currency rates, power availability and a buyer’s ability to control the uncontrollable all make sourcing as unpredictable as ever in 2013, says Mike Flanagan.
US: Vida Shoes acquires Andre Assous Footwear
9 January 2013
Vida Shoes International, a licensee of fashion footwear brands including Baby Phat, Phat Farm, Esprit and Osh Kosh, has acquired the Andre Assous company.
SINGAPORE: Luen Thai to buy Ocean Sky apparel ops for $55m
8 January 2013
Singapore-based apparel company Ocean Sky is set to be acquired by Luen Thai Holdings for US$55m.
HONG KONG: Esprit in first-half profit warning
19 December 2012
Hong Kong-based clothing brand Esprit has issued a first-half profit warning as the company continues with efforts to restructure its business.
CHINA: Greenpeace urges Levi Strauss to "detox" supply chain
11 December 2012
Environmental campaign group Greenpeace has launched a campaign calling on denim giant Levi Strauss & Co to commit to eliminating certain chemical substances from its garments and manufacturing processes.
HONG KONG: Esprit in new distribution deal for Middle East
30 November 2012
Hong Kong-based clothing brand Esprit has inked a distribution deal for the Middle East with Dubai-based Al-Futtaim Group to double its footprint over the next few years.
HONG KONG: Esprit to cut hazardous chemicals from clothing
27 November 2012
Esprit has pledged to eliminate all hazardous chemicals from its textile and clothing supply chain by 2020, joining the Roadmap to Zero initiative launched by a number of leading brands and retailers last year.
HONG KONG: Esprit shares up after oversubscribed rights issue
26 November 2012
Hong Kong-based clothing brand Esprit has seen its share price increase after its rights issue was more than seven times oversubscribed.
HONG KONG: Esprit share price up as ex-chairman lifts stake
15 November 2012
Hong Kong-based clothing retailer Esprit has seen its share price jump 22% after former chairman Michael Ying has more than doubled his interest in the company.
BANGLADESH: Buyers assess apparel sourcing opportunities
12 November 2012
A group of buyers representing some 20 global brands and retailers is this week visiting Bangladesh as part of a wider regional tour to explore sourcing alternatives to China.
TURKEY: Labour groups target Esprit and Li & Fung
7 November 2012
Fashion retailer Esprit and its sourcing agent Li & Fung have been targeted by protesters in Hong Kong, Turkey and Thailand in a series of demonstrations accusing them of failing to pay wages and severance pay to workers at a factory in Istanbul.
Top stories on just-style this week...
26 October 2012
Top stories on just-style this week included a pledge by Marks & Spencer to eliminate hazardous chemicals from its supply chain by 2020, strong third-quarter profits at VF Corp, and news that Esprit is looking to raise up to HK$5.2bn as part of its restructuring plan.
HONG KONG: Esprit seeks HK$5.2bn for turnaround
23 October 2012
Hong Kong-based clothing brand Esprit is looking to raise up to HK$5.2bn (US$670m) through a rights issue to fund the execution of its transformation plan.
HONG KONG: Esprit shares slide despite profit growth
26 September 2012
Hong Kong based clothing retailer Esprit today (26 September) seen its share price drop despite recording soaring full-year profits.
FRANCE: E-Land in talks to buy Lafuma
18 September 2012
French outdoor clothing retailer Lafuma has confirmed that South Korean apparel conglomerate E-Land is in talks to buy the firm.
GERMANY: Karstadt announces executive appointments
24 August 2012
German department store operator Karstadt has made a number of new appointments in its fashion and merchandising department as part of its turnaround plans.
US: Libby Edelman to rejoin Sam Edelman brand
21 August 2012
Women's footwear brand Sam Edelman has announced that Libby Edelman will rejoin the company to help drive the marketing and licensing of the brand.
