• Sun
  • Sep 21, 2014
  • Updated: 1:03am

Esprit Holdings

Esprit Holdings (HK stock code 330) is a clothing retailer and wholesale distributor with its primary listing in Hong Kong and a secondary listing in London. It has retail space in more than 40 countries and it also controls the RED EARTH brand name, distributing its cosmetic products in the Asia-Pacific region.

Esprit's bottom line sags despite restructuring

Jose Manuel Martinez Gutierrez, the new chief executive of Esprit, said he was fine-tuning a HK$18 billion restructuring plan introduced two years ago.

Thursday, 28 February, 2013, 4:48am

Esprit shares soar after former chairman increases stake

The former chairman of Esprit Holdings, Michael Ying Lee-yuen, has shown no sign of wishing to rejoin the company's board after he increased his stake last week to once again become a major shareholder of the casual wear retailer.

16 Nov 2012 - 2:58am

Fund raising bid by Esprit gets a cool reception

Esprit Holdings fell nearly 17 per cent to a two-month low yesterday, reflecting investor concern about the company's financial situation.

25 Oct 2012 - 5:07am

Esprit recovery still years away: analysts

Esprit Holdings, which is stepping up spending on its revamp plans, is expected to see an improvement in sales this year, but earnings recovery is still years away, analysts said.

24 Oct 2012 - 4:01am

Esprit right issue taps market for HK$5.2b

Esprit Holdings plans to raise as much as HK$5.2 billion in a rights offer to fund efforts to revive its brand after reporting a first-quarter sales decline.

The apparel company will offer investors the right to buy one new share at HK$8 each for every two held, Esprit said in a statement to the stock exchange yesterday.

23 Oct 2012 - 4:19am

Esprit profit misses forecasts, shares fall 8pc

Esprit posted a jump in net profit but missed analysts' forecasts as a slowing global economy weighed on sales, sending its shares plunging 8 per cent.

27 Sep 2012 - 2:43am

US hedge fund raises stake in frayed Esprit

Esprit Holdings' biggest shareholder, US hedge fund Lone Pine Capital, raised its stake in the fashion brand, which is struggling with weak sales and a management upheaval.

21 Jun 2012 - 12:00am

Esprit can't stop its revolving door

As clothing retailer Esprit tries to fashion its future, it faces a number of management challenges.

16 Jun 2012 - 12:00am

Esprit goes into tailspin as chief executive exits

The resignation of a second top manager in as many days at Esprit Holdings is likely to send the Hong Kong fashion retailer's share price lower today as investors weigh the implications for the company's turnaround strategy.

14 Jun 2012 - 12:00am

Esprit shares on rollercoaster

Esprit shares have swung wildly in the past two days as a spate of new ratings and research reports left the market at a loss as to the prospects of the beleaguered fashion company.

25 Feb 2012 - 12:00am

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