page_title: Esprit Holdings
hierarchical_section_title: Esprit Holdings
caption_attribution_description: Deutsch: Modem
context_page_description: Esprit Holdings Limited is a publicly owned manufacturer of clothing, footwear, accessories, jewellery and housewares under the Esprit label. The company is headquartered in Kowloon, Hong Kong, and Ratingen, Germany. In the 2018–2019 business year, Esprit generated a worldwide sales of around €1.5 billion. Esprit operates 429 retail stores worldwide and distributes products to more than 4,900 wholesale locations around the globe. Esprit has more than 255,000 square meters of retail space in 40 countries.
  The ESPRIT brand name is licensed to other manufacturers. In addition, the group owns the Red Earth cosmetics brand.
  The Esprit flagship stores feature both current Esprit fashion lines and licensee products under one roof. Esprit has an architecture department that is responsible for the worldwide design of its stores.
  On 27 September 2011, Esprit Holdings Ltd. was valued at just $1.4 billion, a loss of more than 90 percent from a $20 billion valuation four years prior. According to Credit Suisse, Esprit's brand is valued at $3.4 billion since 2012 Esprit has lost its global recognition and is in decline.
context_section_description: Esprit Holdings Limited (Chinese: 思捷環球控股有限公司) is a publicly owned manufacturer of clothing, footwear, accessories, jewellery and housewares under the Esprit label. The company is headquartered in Kowloon, Hong Kong, and Ratingen (near Düsseldorf), Germany. In the 2018–2019 business year, Esprit generated a worldwide sales of around €1.5 billion (as of 30 June 2019). Esprit operates 429 retail stores worldwide and distributes products to more than 4,900 wholesale locations around the globe. Esprit has more than 255,000 square meters of retail space in 40 countries.
  The ESPRIT brand name is licensed to other manufacturers. In addition, the group owns the Red Earth cosmetics brand.
  The Esprit flagship stores feature both current Esprit fashion lines and licensee products under one roof. Esprit has an architecture department that is responsible for the worldwide design of its stores.
  On 27 September 2011, Esprit Holdings Ltd. was valued at just $1.4 billion, a loss of more than 90 percent from a $20 billion valuation four years prior. According to Credit Suisse, Esprit's brand is valued at $3.4 billion since 2012 Esprit has lost its global recognition and is in decline. Esprit has pulled out of most global markets, reducing stores in China, Australia, Hong Kong and closing North America. In 2013 Esprit appointed a new CEO who was from a successful competitor (New Look) to tackle this decline, which has brought great success for Esprit and the company is fast becoming a recognized brand once again.
caption: Esprit Store in Germany
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