--Esprit just announced
positive company results including a 24% increase in sales and a
28% company increase in profit. For the US market, Esprit
experienced a high double-digit increase in US in comp store
--Esprit just announced they
are now the exclusive and official supplier of the Panasonic
Toyota Formula 1 Racing Team -- Esprit will exclusively supply
the Toyota team with a travel and management collection and the
company's logo will be featured on all official
--Toyota Motorsport President John Howett said: "Panasonic
Toyota Racing is very much looking forward to working with
Esprit and we are delighted to welcome such a global brand as an
Official Supplier. Formula 1 is a sport where fashion,
innovation and dynamism play an important role so this
partnership with Esprit is a perfect fit and we look forward to
working together in 2007 and beyond."
--In 2007, Esprit will be opening approximately 10 more stores
in North America. After one year with Jerome Griffith at the
helm in North America, the company has restructured, reorganized
and is now in a good place to begin opening stores again.
--Esprit is bringing Menswear
and swimwear back to the New York stores in March. Esprit is
also launching an Esprit Heritage line of tees and bags,
embracing the real roots of the brand.