Esprit

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Latest News

• Esprit celebration 68/08


• In 2008 Esprit celebrates its birthday with
a number of activities across all divisions
and licence partners. Customers may look
forward to countless specials and events ..
Social responsibilities
• As a global company, Esprit believes in
developing and maintaining sustainable
relationships with all stakeholders. We
demonstrate this commitment by acting
imaginatively and consistently in the
communities where our employees,
business partners and customers live and
work.
Responsibilities to employees

• Esprit recognises the importance of


human capital. Our continued success
depends on the commitment, enthusiasm
and energy of our staff around the world.
We are committed to developing a positive
and respectable working environment that
encourages collaboration and cooperation
between employees. The Group promotes
internal communications and we welcome
ideas and feedback from our staff.
• During the financial year, a "Live Esprit"
campaign was implemented with the aim of
promoting team spirit and creating a global
culture for all our employees located around the
world. Through quarterly newsletters and the
Group’s global intranet, we aim to improve
company-wide communications and to connect
our employees around the world to the Esprit
family.
Responsibilities to business
partners
• We are also committed to conducting business in a
responsible and suitable manner. Social audits were
carried out during the year to ensure suppliers maintain
and uphold these standards.

We have also become a member of the Business Social


Compliance Initiative (BSCI) established by the Foreign
Trade Association (FTA) this year, and have
communicated to vendors the significance of BSCI
certifications as the appropriate accreditation to signify
their compliance with human rights and minimum social
standards.
CSR
• Through grants, donations in kind and
volunteering activities, Esprit and its employees
worldwide take pride in making contributions to
the community. The Group made HK 1 million in
charitable donations this year.
These included the participation of Hong Kong
staff in “Walks for a Million” organised by the
Community Chest, ribbons sold in stores to raise
funds for the National Breast Cancer Foundation
and financial support to charitable organisations.
CSR
• In response to the South Asian tsunami, Esprit
launched a global fund-raising campaign during
financial year 2004/2005, calling for employee
donations to help victims affected by the
disaster. The Company also made matching
donations to support and promote active
participation in the campaign. Approximately HK
1 million was jointly donated to local and
international relief agencies, including the Red
Cross and Unicef, to help relieve suffering and to
reconstruct permanent housing for tsunami
victims.
Quality first

• Esprit is an international youthful lifestyle brand offering smart,


affordable luxury and bringing newness and style to life. The Group
offers 12 product lines encompassing women’s wear, men’s wear,
kid’s wear, edc youth as well as shoes and accessories through
over 640 directly managed retail stores and over 12,000 wholesale
points-of-sale worldwide, occupying over 817,000 square metres
directly managed retail space in more than 40 countries.
Esprit licenses its logo to third-party licensees that offer products
bearing the same Esprit quality and essence to consumers. Esprit
also operates the Red Earth cosmetic brand which includes
cosmetics, skin care and body care products.
Esprit is listed on the Hong Kong Stock Exchange since 1993 and is
a constituent stock in the Hang Seng Index, MSCI Hong Kong
Index, FTSE All-World Index for Hong Kong and S&P/HKEx
LargeCap Index and S&P Asia 50 Index.
Product Lines
• 12 collections are produced for six order
dates per year and product line for kids &
edc youth by Esprit, Esprit shoes and ESP
Esprit sports.
• The 12 collections
• women casual, men casual, women
collection, men collection, de.corp ESPRIT
URBAN CASUAL, edc by Esprit, edc men
and accessories could be ordered
monthly.
• Four collections are produced per year for
Esprit bodywear.
• Although the company focuses on the
product and price/performance ratio, Esprit
also invests continuously in quality and fit
– high standards that are also maintained
in manufacture.

Esprit’s various product areas consist of


individual divisions that are organised as
independent corporate units.
Product Overview
• Women
• Men
• Kids
• Swimwear
• Accessories
• Shoes
• Timewear
Product Overview
• Jewel
• Eyewear
• Fragrances
• Socks and tights
• Home
• Baby carriages
• Baby furniture
• Maternity
Products they identify India for
• Women
• Men
• Kids
• Bodywear
• Accessories
• Shoes
• Timewear
• Eyewear
• Baby carriages
• Kids’ shoes
a 3.0 billion € business worldwide
Business model

• 12 monthly collections per year, short lead


times, low risk
• high realised margins, improved cash flow
• strategically positioned between vertical
retailers and upper brands
• wide consumer target group
• high-quality products at value-for-money
prices
Latest news
• Esprit builds SOS Children’s Village in India
• SOS Children’s Villages has been a cooperation partner of Esprit for
many years. In 2008, this partnership will enter a new dimension.
“The Esprit partnership is characterised by a particularly serious and
great commitment of the partner who wants to really make a
difference with joint projects”, explains Thomas Marschall, SOS
Children’s Villages worldwide. And Heinz Krogner, Esprit’s
Chairman and Group CEO, is also very pleased: “With this project,
we can pass on the success of the Esprit brand in a way that makes
sense and is fully in line with the Esprit philosophy”.
The project focuses on education and support, which mainly aims to
help girls and women to lead their life as strong characters.
• Since 2008, Esprit has been involved in six different projects, which
focus on the strengthening of families, in the New Delhi area.
Chasing the dream
• Edc by Esprit goes for the millennium goals
• „Chasing the dream“ is a campaign to support the achievement of
the eight millennium development goals the United Nations have
committed to accomplish by 2015. At www.chasingdream.de all
young „earthkeepers“ in Germany are encouraged to participate and
upload their photographic interpretation of these millenium goals.
Joining the campaign is only one of several engagements edc by
Esprit is taking for the welfare of young people around the world.

• Edc by Esprit is a longstanding promoter of different worldwide


initiatives for the benefit of children and young adolescents. The
company is thus very happy to advertise publicly the UN’s
develpoment goals to a bigger audience. Edc by Esprit wants to call
young peoples attention to their perspectives in life, become aware
of the global issues and take an active part in designing the future of
our planet.
Financial Information
• Turnover: HK $37.2 billion(25.6% growth)

– Net profit – HK $6.5 billion


– EPS – HK $5.21 per share
Latest News
• edc by Esprit and MTV continue extensive
partnership for the 2008 MTV Europe Music
Awards
• MTV Networks International and edc by Esprit
are pleased to announce that edc will again be
sponsoring the 2008 MTV Europe Music Awards
(“MTV EMAs”). The Awards ceremony will take
place on Thursday 6th November at the
Liverpool Echo Arena, Liverpool.

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