Esprit has closed a total of 169 loss-making shops and its has reduced office space in Hong Kong and Germany. Photo: BloombergEsprit has closed a total of 169 loss-making shops and its has reduced office space in Hong Kong and Germany. Photo: Bloomberg
Esprit has closed a total of 169 loss-making shops and its has reduced office space in Hong Kong and Germany. Photo: Bloomberg

Hong Kong fashion house Esprit says protests to blame for 40 per cent drop in customer traffic

  • Company posts better-than-expected results for year ending June 30, sees net loss of HK$2.14 billion
  • Rents ‘simply too high’ for retailers, executive chairman says

Topic |   Hong Kong protests
Esprit has closed a total of 169 loss-making shops and its has reduced office space in Hong Kong and Germany. Photo: BloombergEsprit has closed a total of 169 loss-making shops and its has reduced office space in Hong Kong and Germany. Photo: Bloomberg
Esprit has closed a total of 169 loss-making shops and its has reduced office space in Hong Kong and Germany. Photo: Bloomberg
READ FULL ARTICLE
Close
We need your support

Advertising helps us continue to provide quality content. Help support us by disabling your adblocker on our site.

How to whitelist us:
  1. 1
    Click on the AdBlock icon at the top right corner of your browser.
    For iOS, go to Settings/Safari/Content Blockers and turn it off.

    For Android, go to your Ad blocker app/Settings and turn it off.
  2. 2
    Click Enabled on this site until the text reads Disabled on this site.
  3. 2
    Click the cross icon on the top right corner to close this window and refresh the page.
  4. 3
    Click the cross icon on the top right corner to close this window and refresh the page.