Esprit reduces losses with restructure
Esprit previously expected a loss of HK$714m ($91.52m) for the six-month period, but has managed to reduce this to HK$95m…
Esprit
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Week in review: Responsiveness key to surviving fashion’s evolving landscape
Globally, consumers are pulling back on clothing spend as evidenced this week in second-quarter results from brands including Hugo Boss,…
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Esprit in talks to offload Greater China arm
In a statement, Esprit said it had received “several proposals and offers from independent third parties” regarding potential cooperation and…
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Esprit Europe business plan has wholesale, e-commerce focus
Esprit provided the update on its Europe businesses as several subsidiaries opened insolvency proceedings. Esprit said it is looking to…
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Esprit puts German subsidiaries into administration on financial challenges
Hong Kong-listed Esprit announced it was putting Esprit Europe into administration in Germany, along with several other subsidiaries, which will…
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Esprit projects HK$1.9bn net loss for 2023 due to tough European market
Esprit's profit warning outlines a net loss increase of 186.3% compared to the net loss of approximately HK$664m recorded in…
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Fashion brands criticised for ‘failing’ to protect suppliers after Türkiye earthquake
The Workers Rights Consortium (WRC) report examined how 16 global fashion brands handled their human rights obligations following the tragic…
