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0.000893655049151009 -0.000223413762287871 -0.00357462019660419 -0.00580875781948179 0.00424486148346733 -0.0051385165326185 -0.00960679177837354 -0.0100536193029491
Stock impact report

After Latest Round Of Store Closures, Maybe Esprit Is A Boomer Brand Not Worth Saving [Forbes]

PVH Corp. (PVH) 
Last pvh corp. earnings: 4/1 04:15 pm Check Earnings Report
US:NYSE Investor Relations: pvh.com/investor-relations
Company Research Source: Forbes
Esprit capsule collection #throwback pop-up 2019Depending on the generation you belong to, you may or may not have heard of fashion house Esprit. The once thriving global retailer of the nineties has just announced the closure of its 56 stores across all Asia markets, all of which only contributes to 4% of the group’s global revenue. The move comes two years after exiting from New Zealand and Australia, leaving Europe as its only remaining region. Even so, it has also filed for administration in Germany, its strongest market where it had recently debuted a new shapewear concept store. With only a handful of stores left and losses year after year – where did it all go wrong for the international retailer, and how did it lose its global recognition?The Glory DaysNot known to many, but Esprit was the creation of Susie and Doug Thompkins – the same founders of North Face, a brand that is still flourishing today. They sold the brand to partner and businessman Michael Ying in 1993, who turn Show less Read more
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