ESPGY Esprit Holdings Ltd Hkd (PK)

   By Chester Yung 
 

HONG KONG--Esprit Holdings Ltd. (0330.HK) said Tuesday it will appoint Jose Manuel Martinez Gutierrez as Group Chief Executive Officer, effective in or before the end of September 2012.

The fashion retailer said Mr. Martinez was previously the group director of distribution and operations for Esprit's competitor, Spain's Inditex SA (ITX.MC), which owns the Zara fast-fashion chain.

The appointment comes after the resignations in June of Esprit's Chief Executive Ronald van der Vis and Chairman Hans-Joachim Korber.

Mr. van der Vis' resignation will take effect on or before July 1, 2013, while Mr Korber resigned with immediate effect.

Write to Chester Yung at chester.yung@dowjones.com

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