By  on August 7, 2012

HONG KONG — Esprit Holdings Ltd. said Tuesday it has named Inditex veteran Jose Manuel Martinez Gutiérrez as its new chief executive officer and executive director, replacing the departing Ronald Van der Vis.

The appointment comes just a few months after Van Der Vis and Esprit's then-chairman Hans-JoachimKörber both resigned unexpectedly, sending Esprit shares into a steep downward spiral and prompting questions about the underperforming retailer’s future.

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