industry retail fashion founded 1968 in san francisco california headquarters global business headquarters ratingen germany global finance headquarters hong kong key people chairman raymond or products clothing watches bedroom furnishing revenue eur 3.25 billion 200 million profit number of employees 15 000 worldwide website www.esprit.com esprit store in germany esprit holdings limited chinese sehk 330 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 d sseldorf germany . in the 2007 2008 business year esprit generated a worldwide sales of around eur 3.25 billion as of 30 june 2008 . esprit operates more than 900 retail stores worldwide and distributes products to more than 8 500 wholesale locations around the globe . esprit has more than 1.1 million 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 september 27 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 and canada . their name recognition is almost nonexistent . 1 contents 1 history 2 product lines 3 company 4 see also 5 references 6 external links history edit the first joint fashion line established by susie and doug tompkins who had previously founded the north face was sold from a vw bus and their headquarters was the tompkins apartment in san francisco . susie assumed the creative and doug tompkins the financial role in the business . in 1979 the esprit logo was developed by john casado . the 1980s saw the introduction of the real people campaign which was shot by photographer oliviero toscani using architects and designers for its projects starting with italian ettore sottsass who developed the first esprit europe headquarters in d sseldorf . he established the overall concept of the stores in the style of the memphis design movement . citation needed architects and designers included antonio citterio and norman foster . citation needed in february 2012 esprit announced that it planned to close all retail stores in north america because they were not competitive in this market and were losing money . 2 in december 2015 esprit announced it would be returning to the canadian market . since the announcement esprit has opened two stores one at metrotown in metro vancouver and one at west edmonton mall with plans to open a third store in fall 2016 in mississauga . 3 product lines edit esprit s products include casual sportswear and collection business clothing for both men and women ; de.corp urban casual clothing for young women ; kids clothing for children up to 7 years old ; sports wear including skiwear fitness fashion and streetwear ; accessories such as bags ; shoes ; and bodywear day and night underwear and swimwear for men women and children . citation needed in 1998 the edc of young people s clothing was founded . citation needed since 1990 esprit has grown through licensees . more than 30 license holders include coty lancaster scents and falke socks and stockings . under the name esprit timewear jewel egana holdings ltd. produces watches and jewellery . citation needed esprit home sells furniture carpets wallpaper lighting living accessories home textiles and bathrooms ; esprit kids world sells maternity wear toys buggies and nursery furniture . citation needed company edit in the 2007 2008 business year esprit holdings limited reported worldwide sales of eur 3.25 billion . citation needed the group operates more than 835 directly managed retail stores worldwide and distributes its products via more than 15 000 wholesale locations around the globe . the company has more than 1.1 million square metres of sales area in more than 40 countries . citation needed see also edit list of hong kong companies references edit esprit s 68 % sales discount signals world s cheapest apparel lbo real m & a . bloomberg . september 28 2011 . esprit to close all stores in unprofitable north america . esprit s plans for a comeback q & a marketing magazine external links edit wikimedia commons has media related to esprit holdings . esprit official website article on the history of esprit v t e hang seng index companies of hong kong finance hsbc holdings hang seng bank bank of east asia hkex china construction bank aia industrial and commercial bank of china ping an insurance boc hong kong holdings china life insurance company bank of communications bank of china utilities clp holdings hong kong and china gas power assets holdings china resources power property henderson land development sun hung kai properties new world development sino land hang lung properties china overseas the link reit china resources land ck property commercial and industrial ckh holdings wharf holdings hutchison whampoa swire pacific mtr corporation kunlun energy china merchants want want china citic limited china resources cathay pacific tingyi esprit holdings sinopec li & fung tencent holdings china unicom cnooc limited petrochina china mobile hengan china shenhua belle galaxy entertainment sands china lenovo mengniu v t e s & p asia 50 companies aia group boc hong kong holdings cathay financial holding china construction bank china life insurance china mobile china petroleum & chemical china steel chunghwa telecom ck hutchison holdings clp holdings cnooc limited ctbc financial holding dbs group delta electronics formosa chem & fibre formosa plastics fubon financial holding galaxy entertainment group hang seng bank hon hai precision industry hong kong and china gas hong kong exchanges and clearing hyundai heavy industries hyundai mobis hyundai motor industrial and commercial bank of china jardine matheson kb financial group keppel kia motors kt & g lg chem li & fung lippo group mediatek nan ya plastics oversea chinese banking corporation petrochina ping an insurance posco power assets holdings samsung electronics sands china shinhan financial group singapore telecommunications sun hung kai properties taiwan semiconductor manufacturing united overseas bank want want china holdings retrieved from https en.wikipedia.org w index.php title esprit holdings & oldid 735553958 categories hang seng index constituent stocksclothing brands of hong kongclothing companies of germanyclothing companies of hong kongcompanies based in d sseldorfcompanies of hong konghong kong brands1970s fashion1980s fashioncompanies listed on the hong kong stock exchangewarrants issued in hong kong stock exchangecompanies established in 19681968 establishments in californiahidden categories articles containing traditional chinese language textall articles with unsourced statementsarticles with unsourced statements from july 2012commons category with page title same as on wikidata navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version in other projects wikimedia commons languages afrikaans e tinadanskdeutschespa ol fran aismagyar polski suomisvenska edit links this page was last modified on 21 august 2016 at 14 55 . text is available under the creative commons attribution sharealike license ; 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