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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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Esprit CEO and CFO to step down

Esprit Group has announced that its CEO Anders Kristiansen [pictured] and chief financial officer (CFO) Johannes Schmidt-Schultes are both exiting the company next year. Kristiansen, who was formerly managing director of New Look, has been at the helm of Esprit since June 2018 and has led the group’s restructuring process during what the company...

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