Content about Esprit Holdings Ltd.

September 27, 2012

Esprit Holdings Ltd. reported that net income of the fiscal year ended June 30 surged to $112.6 million, compared with $10.2 million the year before, boosted by one-time writeoffs for store closures.

Hong Kong -- Esprit Holdings Ltd. reported Wednesday that net income of the fiscal year ended June 30 surged to $112.6 million, compared with $10.2 million the year before, boosted by one-time writeoffs for store closures.

Sales dropped 11% to $3.89 billion from $4.35 billion.

August 7, 2012

Esprit Holdings Limited said it has named Jose Manuel Martínez Gutiérrez as its new group CEO and executive director, effective September.

Hong Kong -- Esprit Holdings Limited said Tuesday it has named Jose Manuel Martínez Gutiérrez as its new group CEO and executive director, effective September.

Martinez was previously group director of distribution and operations for Inditex. Prior to that, he was the country manager for the Zara brand across Scandinavia.

He succeeds Ronald Van Der Vis.

April 17, 2012

Esprit Holdings Ltd. announced that it has hired Thomas Tang, former CFO of blue chip property firm Sino Land Co. Ltd., as its new group CFO.

Hong Kong -- Esprit Holdings Ltd. announced Tuesday that it has hired Thomas Tang, former CFO of blue chip property firm Sino Land Co. Ltd., as its new group CFO.
 
Tang, who has over 30 years of experience in accounting and finance, left Sino Land in late March.

Esprit is in the throes of a major restructuring after its previous CFO resigned. Tang begins his post in May.