Retailer Esprit Holdings To Close North American Stores -Bloomberg
February 01 2012 - 8:23AM
Dow Jones News
Fashion retailer Esprit Holdings Ltd. (0330.HK) intends to close
all its North American stores and focus on finding one or more
partners to license the brand, Bloomberg News reported Wednesday on
its website, citing a company official.
"Our North American subsidiaries' current intentions are to
close all stores in North America unless a potential partner for
North America is interested in taking over any of the stores,"
Patrick Lau, head of investor relations and mergers and
acquisitions, said in an email statement to Bloomberg. The retailer
had 93 outlets in North America as of Sept. 15.
Full story at:
www.bloomberg.com/news/2012-02-01/esprit-to-close-all-n-america-stores.html
-Dow Jones Newswires; 212-416-2900
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