Esprit Europe AG’s year end results for 2000/2001 show a 35 per cent turnover increase to ¤825.6 million and a doubling of its net income. The company commented that the brand achieved the results against a background of stagnant consumer clothing expenditure both in Germany and Europe. Notable growth was in the relatively small Austrian market, which was up 53 per cent, and in France, which was up 59 per cent. In Germany, where Esprit is an established brand, sales were up 34 per cent.

Share this story: