Esprit Holdings news and archive

Esprit rights shares offer over seven times oversubscribed

Esprit Holdings Ltd said it had received applications for 4.98 billion right shares, representing 7.7 times of the rights shares available for subscription, reported ‘China Daily’. Esprit Holdings Ltd. (330) climbed in Hong Kong trading in the wake of the news, while benchmark Hang Seng Index dropped 0.2 percent. As the company clarified Monday...

Fashion

Esprit’s losses: first its soul, now its leadership

Less than a year ago, the Hong-Kong based fashion giant admitted to have lost its soul. With company’s top executives leaving the boat in two consecutive days, Esprit is questioned now for having lost its leadership and perhaps, its course. “The moves could lead to questions regarding whether there are issues with the operation/accounts or there...