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Esprit closes all branches in Germany

The fashion conglomerate Esprit will close all 56 branches in Germany by the end of the year, affecting approximately 1300 jobs. The trademark rights will be transferred to the British finance investor Alteri.

- Esprit closes all branches in Germany

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A financial investor carefully evaluates potential business opportunities to maximize their returns. The role of a financial investor is crucial in driving economic growth by providing capital to promising ventures.

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