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Esprit Holdings (00330) subsidiary in the usa files for bankruptcy.
Esprit Holdings (00330) announced that Esprit US Distributions ...
esprit holdings (00330.HK) subsidiary in Germany has been approved for bankruptcy proceedings by the court.
Esprit Holdings (00330.HK) announced that the bankruptcy proceedings under the self-management of its former German subsidiary have been approved by the court. The company will collect 25% of the net revenue generated from the Esprit fashion business in Europe from investors over the past 10 fiscal years; investors will also directly pay cash to the former German subsidiary to settle claims of their creditors. In exchange, all intellectual property rights necessary for operating the Esprit fashion business in Europe, along with all associated rights and obligations, will be transferred to the investors.
esprit holdings (00330): The previously approved trustee of the former German subsidiary company confirmed the settlement agreement has been finally determined and signed today.
Esprit Holdings (00330) announced the self-management program of its former German subsidiary. The company has obtained court...
ESPRIT HOLDINGS: Interim Report for the Six Months Ended 30 June 2024
Esprit Holdings (00330.HK): Wei Weijian appointed as secretary and authorized representative.
Esprit Holdings (00330.HK) announced on September 11th that the board of directors has announced that Huang Zhi'en has resigned as (i) the company secretary; and (ii) the authorized representative of the company under Rule 3.05 of the Securities Listing Rules of The Stock Exchange of Hong Kong Limited. The board of directors also announced that Wei Weijian has been appointed as the company secretary and authorized representative, effective September 11, 2024.
esprit holdings (00330.HK) total sales in the first half of the year decreased by about 49% year-on-year to approximately 1.557 billion Hong Kong dollars.
Esprit Holdings (00330.HK) announced on August 28th that the first half of 2024 was challenging and difficult for the company, resulting in a net loss of approximately 56 million HKD during this period, compared to a net loss of approximately 0.714 billion HKD during the corresponding period. However, the decrease in net loss was mainly due to a one-time income of approximately 3.651 billion HKD from the cancellation of the merger. The total sales during this period were approximately 1.557 billion HKD, compared to approximately 3.025 billion HKD during the corresponding period, a decrease of approximately 49%. The gross profit during this period was approximately 0.652 billion HKD, compared to approximately 1.352 billion HKD during the corresponding period, a decrease of approximately