HONG KONG, China — Esprit Holdings' chief is doubling down on a bet to fix the struggling clothing retailer he took charge of a year ago by revamping its existing business model and recreating it in the image of his former employer-now-rival, Zara.
HONG KONG, China — Esprit Holdings Ltd., the Hong Kong apparel seller which lost two executives in 48 hours in June last year, has appointed Rafael Pastor Espuch as new chief product officer amid slumping European sales.
Anna Piaggi, Fashion Editor With a Keen Eye for Trends, Dies at 81 (NY Times) “Anna Piaggi, an oracular Italian fashion editor known for an endless array of eye-popping, wildly colorful outfits of the most peculiar combinations, ranging from vintage Patou to thermal mountain rescue coats to a uniform vest from late-period McDonald’s, died Tuesday at her home in Milan.” Tumi shares soar on strong profit forecast
Kors Crushes Earnings: Will the Growth Continue? (Daily Finance) “Shares of design house Michael Kors popped on the open today, with the stock climbing more than 5%. The luxury-goods retailer reported fiscal fourth-quarter earnings that beat on both the top and bottom lines.” Clothing retailer Esprit’s shares slide 23 percent as CEO quits (Reuters) “Shares of Esprit Holdings Ltd fell by nearly a quarter on
Copyrighting Fashion: Who Gains? (NY Times) “Paradoxically, the payoff from free copying has been enormous. The fashion cycle turns faster, and the industry gets richer – and creates new designs more frequently. So why on earth would anyone want to change that?” Luxury brands wrest back China market, eye smaller cities (Reuters) “Many piled into China over the last decade, pairing with re-sellers and joint