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ESPRIT ANNOUNCES FRITZ AMMANN AS CEO

 ESPRIT ANNOUNCES FRITZ AMMANN AS CEO
 SAN FRANCISCO, Feb. 28 /PRNewswire/ -- Esprit de Corp. today


announced that Fritz Ammann has been named president and chief executive officer of the company, effective April 1. Isaac Stein, who has been acting CEO, will continue as chairman of Esprit. Ammann will be based in San Francisco.
 Ammann was most recently CEO of Charles Jourdan and its affiliated companies and previously served as CEO of Swatch.
 "Fritz's diverse experience in consumer marketing will allow us to take full advantage of opportunities in both our core businesses and new market segments," said Stein.
 The appointment coincides with Esprit's expansion into the contemporary market and with the opening of expanded New York quarters. The Susie Tompkins collection debuts on March 3, marking the opening of the company's new 28,000 square foot showroom at 1370 Broadway.
 Susie Tompkins, co-founder and creative director of Esprit said, "Fritz is a dynamic, highly spirited leader who shares our values and enthusiasm. I couldn't imagine a more qualified and compatible person. We are very lucky to have found him."
 Esprit is one of the most successful better junior sportswear firms in the world and is a privately held company owned by Susie Tompkins and an investor group, with headquarters in San Francisco.
 -0- 2/28/92
 /CONTACT: Liz Mazurski or Cassie Hughes of Esprit, 415-648-6900/ CO: Esprit de Corp. ST: California IN: REA SU: PER


JL -- SF001 -- 3625 02/28/92 10:00 EST
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Date:Feb 28, 1992
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