May 30, 1990 |
It once seemed that Doug and Susie Tompkins, founders and 50-50 owners of the innovative Esprit de Corp. clothing company, had all the potential of building an empire, growing old together and waltzing off into a happily-ever-after sunset. Then matrimony turned to acrimony. And, in the divorce court equivalent of throwing out the baby with the bath water, the estranged couple plan today to put Esprit on the auction block. As usual, they'll be battling each other. Observers say each of the Tompkinses, along with their respective investment partners, will vie to buy the company.
December 16, 1989 |
The often bitter feud between the husband and wife team who founded trendy apparel maker Esprit de Corp. will force the sale of the San Francisco-based company, officials said Friday. The sale, which will be handled by Goldman, Sachs & Co., is the second stage of a 5-month-old agreement reached between Doug and Susie Tompkins, who filed for divorce earlier this year. Under the agreement, Doug Tompkins was given 120 days to buy his wife's 50% interest in Esprit.
July 25, 1989 |
The estranged husband and wife team that owns Esprit de Corp.--known for its line of trendy womens' apparel and its former egalitarian corporate culture--on Monday announced a plan aimed at ending the couple's long and bitter feud over control of the company. The plan could result in the eventual sale of the San Francisco-based fashion and retailing firm founded by Doug and Susie Tompkins.
July 10, 1992
Susie Tompkins, who two years ago won a bitter battle against her ex-husband Doug for control of Esprit de Corp., will step aside as creative director. The San Francisco-based company--best known for its junior sportswear--expects to name a successor in mid-August, spokeswoman Liz Mazurski told Listen.
April 1, 1993 |
Suit Accuses Esprit of Diverting Funds A director and minority shareholder of Esprit de Corp., a San Francisco maker of casual clothing, has accused the company, its co-founder and other principals of illegally diverting more than $250 million to a foreign affiliate in an effort to depress Esprit's value. Bruce R. Katz, who helped co-founder Susie Tompkins buy out her estranged husband's interest in Esprit in mid-1990, filed suit in U.S.
CALIFORNIA | LOCAL
October 18, 1987
In response to Janny Scott's article, "Crenshaw No Stranger to Controversy," Oct. 4, 1987, I feel Scott is unnecessarily critical of Dr. Crenshaw's demonstrated commitment and expertise. The importance of Crenshaw's work--to clarify fact from myth and advise accordingly--is completely overlooked. The salient issues of AIDS awareness get lost in the allegations. What Theresa has done is take me and our company that critical step beyond watching friends die. Dr. Crenshaw is my friend of more than 30 years and, most recently, a personal consultant on issues of corporate involvement in AIDS education.