×
60 553
Fashion Jobs
MIZZEN+MAIN
Account Executive - Specialty ne & Midwest
Permanent · DALLAS
COTY
Area Sales Manager
Permanent · Miami
LEVI'S
Part-Time Sales Supervisor
Permanent · Katy
SALLY BEAUTY HOLDINGS LLC
Outside Sales Representative -Cosmoprof
Permanent · Colorado Springs
SALLY BEAUTY HOLDINGS LLC
2nd Shift Inventory Control Specialist
Permanent · Jacksonville
NORDSTROM
Asset Protection - Agent - North Point Marketcenter Rack
Permanent · Alpharetta
NORDSTROM
Asset Protection - Agent - The Outlet Collection Rack
Permanent · Auburn
NORDSTROM
Asset Protection - Security Ambassador - Galleria at Roseville
Permanent · Roseville
LULULEMON
Assistant Manager, Operations | Cherry Creek Mall (1 Year Contract)
Permanent · Denver
LULULEMON
Assistant Manager, Operations | Bellevue Square
Permanent · Bellevue
LULULEMON
Assistant Manager, Operations (Hyde Park)
Permanent · Chicago
OLD NAVY
Assistant Manager, Customer Operations - Airport Square
Permanent · North Wales
OLD NAVY
Assistant Manager, Customer Operations - Monroe Mktplace
Permanent · Selinsgrove
OLD NAVY
Asset Protection Coordinator - Florida West
Permanent · Estero
OLD NAVY
Assistant General Manager, Merchandising - Jefferson Mall
Permanent · Louisville
OLD NAVY
Assistant General Manager, Merchandising - Willowbrook-Houston
Permanent · Houston
OLD NAVY
Assistant Manager, Customer Operations - Oshkosh
Permanent · Oshkosh
OLD NAVY
General Manager - Ridgewood Court
Permanent · Jackson
OLD NAVY
General Manager - Monroe Marketplace
Permanent · Selinsgrove
OLD NAVY
Asset Protection Coordinator - Portland
Permanent · Beaverton
OLD NAVY
General Manager - Tikahtnu Commons
Permanent · Anchorage
OLD NAVY
General Manager - Watertown
Permanent · Watertown
Published
Mar 21, 2018
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Anders Kristiansen to take over CEO role at Esprit

Published
Mar 21, 2018

Anders Kristiansen, who led British chain New Look until September, is joining Esprit as its new chief executive officer.


Kristiansen will be Esprit's new CEO from April - New Look Group


The Hong Kong-based clothing brand made the announcement on Wednesday as it revealed that its current CEO Jose Manuel Martinez Gutierrez will step down from his position on 1 June.

Kristiansen will take over from Martinez Gutierrez on the same day, said the group. Additionally, Raymond Or Ching Fai has been named executive chairman of the board and executive director of the company.

The new chairman described Kristiansen as a “well-rounded and seasoned executive”, highlighting his experience in business development in Europe and Asia. “As former CEO of New Look Retail Group Ltd, Mr Kristiansen has a sound track record of leading complex growth and expansion projects. The board has every confidence that Mr Kristiansen will successfully lead Esprit into the next phase of growth and look forward to working with him to achieve that goal,” said Or.

Kristiansen left New Look in September after more than five years. The decision was taken mutually with Brait, the chain’s owner, following poor trading and a series of buying mistakes. During his time at New Look, the executive led the company on a path of rapid international expansion, but the retailer struggled to turn around amid challenging trading conditions.


Photo: Esprit


At Esprit, he will attempt another turnaround. In February, the clothing company announced a 3.4% decline in revenue for the six months to 31 December, blaming weaker than expected performance of brick-and-mortar retail stores in the second quarter. This resulted in a net loss of $954m Hong Kong Dollars, compared to a net profit of $61m Hong Kong dollars in the prior year’s period.

Despite these results, the new chairman remained upbeat as he thanked outgoing CEO Martinez for his contribution to the company. He said: “Over the past 5 years, he reversed a severe declining trend of the group's results by stabilizing operations, restructuring the organization, and improving overall profitability. After this phase of bottom line recovery is completed, the group enjoys a sound financial position, with no debt and net cash of HK$4,575 million as of 31 December 2017. This healthy financial situation enables a new phase focused on driving top line performance in the coming years.”

Copyright © 2022 FashionNetwork.com All rights reserved.