‘Naran Trade’ reported to the press on November 24 that it would import products of the world-known brand ESPRIT. During the event several models showed the latest collection. ESPRIT was first created by a designer couple in San Francisco in 1968. The firm is based in Germany and its financial centre is in Hong Kong. Naran Trade is a Mongolian Holding with several department stores and other more luxury shops

A representative from Naran Trade said, “From 2003 our company has been building ties with the ESPRIT-Asia Company and established official agreement last August which will last for five years. On December 14, a shop of the brand products will be opened west of Peace Bridge. We will also cooperate with Fashion club ‘Flux’ where we plan to organise a fashion show every month.”

Mongolian Chamber of Commerce deputy chief M. Oyunchimeg said, “We are pleased with Naran Trade, which is one of our old members, bringing popular world products to Mongolia. This will make it easy for Mongolians to buy ESPRIT brand products in Mongolia, without any extra expenditure and burden."

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