I wish they were still around. Very dissapointing. Esprit had good european style clothes and a reasonable choice. I am from Europe myself and find european styles more feminine and girly for women. Too bad they close. I really like Esprit clothing and boots.
I had a pair of flat lace up boots from the store in Vancouver that I literally wore for 10 years. Great quality, superb leather and workmanship, not the junk you get now all made in China.
All rights reserved. Reproduction in whole or in part strictly prohibited. Twitter Facebook. They had quality, if boring, pieces. Great place for basics in my experience.
Esprit's exit from Australia and New Zealand was announced on Thursday by executive director Thomas Tang, who said the local operations had been losing money for years despite efforts to turn around. Esprit also appears to have been a victim of Myer's declining sales and market share. All its 38 remaining concessions are in Myer stores. A Myer spokesman said the department store chain only found out about Esprit's exit plan on Thursday and would work with the company to clear stock from its stores in an orderly way.
It is understood that Esprit Holdings has no plans to appoint voluntary administrators to the ANZ businesses. Esprit's flagship store in Sydney's Pitt St mall was taken over by a Sephora store in Mr Tang said Esprit's withdrawal from Australia and New Zealand would allow the company to strengthen its core business and focus its efforts and resources in other markets in Asia. Online sales fell 7. Globally, revenue fell 25 per cent for the quarter and by In the nine months to March, retail sales in Asia fell On the mainland, Esprit reduced its China investment last December.
Through a subsidiary called Million Success, it retained a per-cent stake in the Esprit China business, with Hong Kong-based Mulsanne Group holding the balance. The Asia store decision comes just a month after Esprit placed its six German companies into a form of protective administration to allow restructuring and cull staff numbers under protection from creditors. Ouakim, who had previously worked with high-end brands Burberry and Tommy Hilfiger, left to take up an opportunity outside the company.
Skip to content Email Login. Forgot password. Well, as it turns out, a lot of ups and downs. They founded their company with—according to their website—a focus on taking care of their employees, the environment and the world at large. Okay, so it sounds a little more clown-ready than boho-chic, but, again, it was the 80s.
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