Executives Moves: Gap North America, Ascena Retail Group, Lacoste
Gap North America Names New Executive VP San Francisco–Gap Inc. named Tom Sands as its new executive vice president of Gap North America, replacing Mark Breitbard who has been named chief executive of...
View ArticleExecutive Appointments at Hermès, Bebe, Crocs, Caché
Axel Dumas to Succeed Thomas as Hermès CEO Paris—Axel Dumas, a sixth generation member of Hermès’ founding family, was named the new chief executive officer effective in May. The 42-year-old scion of...
View ArticleAmid Turnaround, Bebe Stores’ Loss Continues
Brisbane, CA—Bebe Stores Inc. said Thursday that its third quarter adjusted loss was 14 cents a share beating analysts’ average estimate for a 15 cents a share loss. For the quarter ended April 6, the...
View ArticleBebe Stores Q4 Loss in Line with Estimates
Brisbane, CA—Bebe Stores ended its fiscal 2013 year with a loss in line with estimates and was “encouraged” by advances in its turnaround plans. For the year ended July 6, the women’s specialty...
View ArticleIn Turnaround Mode, Bebe Stores Q1 Loss Widens
Brisbane, CA—Despite reporting a widened first quarter loss on Thursday afternoon, Bebe Stores maintained that it has had a favorable response to its new merchandise strategy. “Fiscal first quarter...
View ArticleBebe Posts Narrower-Than-Expected Q2 Loss
Brisbane, CA—Bebe Stores Inc. may have seen its sales decline and margins contract during its holiday season but the retailer’s second quarter loss was actually less than expected. In fact, the women’s...
View ArticleBebe Warns Lower Q3 Profit on Sales Miss
Brisbane, CA—Bebe Stores Inc. warned Tuesday that its third quarter profit will be lower than expected due to store closings, bad weather and a later Easter that hurt sales. For the quarter ended April...
View ArticleBebe Stores to Exit 2b Concept, Cut Jobs
Brisbane, CA–Bebe Stores Inc. said it would exit its unprofitable “2b bebe” business, under which it sells affordable apparel and accessories, by July as part of a cost-cutting program. The exit will...
View Article