2024-04-09 15:15:00
The clothing chain Esprit is closing its 15 directly-operated stores in Belgium and filing for bankruptcy. The clothing chain is in turn hit by the curse that affects mid-range clothing throughout Europe.
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End clap for Camaïeu in 2022, Naf Naf in receivership in 2023, announcements of closure at Pimkie in early 2024, Sergent Major and Du Pareil au Meilleur on the verge of bankruptcy… There is no shortage of examples.
A curse ? For Pierre-Alexandre Billiet, CEO of Gondola specializing in retail, these closures have a very real cause.
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Two Esprit stores closed in Brussels: “It’s sad for the girls who worked in the store”
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Bankruptcy of the Esprit chain: the Grands Prés store, in Mons, has already lowered the curtain
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#Esprit #Sergent #Major #Midrange #clothing #turmoil