Hong Kong-listed Esprit Holdings said it would close dozens of stores worldwide as it looks to return to profitability. Photo: Bloomberg

Esprit’s revamp to cost US$255 million as fashion retailer wields axe on staff and stores globally

  • Hong Kong-listed company posts net loss of HK$2.5 billion for the year ended June 2018, compared to a net profit of HK$67 million the previous year
Topic |   Retailing

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Hong Kong-listed Esprit Holdings said it would close dozens of stores worldwide as it looks to return to profitability. Photo: Bloomberg
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