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Esprit 2024 financial results: Focus shifts to licensing after losses

Clothing retailer Esprit Holdings Ltd. released its final results for the 2024 financial year on Monday evening, after a considerable delay. The figures were affected by the ongoing insolvency proceedings of almost all international subsidiaries and the resulting one-off effects. As part of the restructuring efforts and a shift in the business...

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Business|Background

Esprit: What does the future hold for the former billion-dollar brand?

The Esprit brand is being taken over in Europe by London-based investor Alteri and its fashion company CBR. What will happen to the once multi-billion dollar brand? Here is what we know and don't know. The Esprit we know no longer exists The business operations behind the Esprit brand in Ratingen are being dissolved, while stores are closing in...

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