Hong Kong-listed fashion brand Esprit takes new hit from pandemic

Casual clothier's retreat from Asia is culmination of a decade of struggle

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An Esprit store in Hong Kong in 2017. The company's troubles did not begin with the pandemic, but instead trace back about a decade. © Reuters

KENJI KAWASE, Nikkei Asia chief business news correspondent

HONG KONG -- Fashion brand Esprit Holdings may be listed in Hong Kong, but you no longer can find any of its stores in the territory.

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