Joe's(R) to Open First Retail Store in Bucktown Neighborhood of Chicago
17 4월 2008 - 7:00PM
Marketwired
LOS ANGELES, CA (NASDAQ: JOEZ) today announced the lease signing
for its first full price branded store in the trendy Bucktown
neighborhood of Chicago. Located at 1715 North Damen Avenue, the
1,890 square-foot store is scheduled to open in August 2008 and
will feature an entire collection of Joe's apparel as well as
related accessories such as belts and handbags. Bucktown is home to
such notable retailers as Marc by Marc Jacobs, Cynthia Rowley,
Nanette Lepore, G-Star, Intermix and Scoop NYC.
Marc Crossman, President and CEO of the Company, stated: "This
announcement of our first full priced retail store marks the
beginning of what we firmly believe will be the most exciting phase
for the Joe's� brand. Expanding into retail will allow us to not
only provide our loyal customer base a full breadth of product but
also attract new customers to the Joe's� brand. As part of our 2008
objective to open four stores, we are thrilled to launch our retail
rollout in Bucktown, one of the most sought-after shopping
districts in Chicago. We look forward to showcasing the full
collection of Joe's� in one of the most dynamic cities in the
world."
About Joe's Jeans Inc.
Joe's Jeans Inc. designs, produces and sells apparel and
apparel-related products to the retail and premium markets under
the Joe's� brand and related trademarks. More information is
available at the company website at www.joesjeans.com.
Statements in this news release which are not purely historical
facts are forward-looking statements, including statements
containing the words "intend," "believe," "estimate," "project,"
"expect" or similar expressions. Forward-looking statements in this
press release include, without limitation, its plan to open the
full price retail store in Chicago, and any effect that such an
opening may have on the Company's future financial performance.
These statements are made pursuant to the safe harbor provisions of
Section 21E of the Securities Exchange Act of 1934, as amended. All
forward-looking statements are based upon information available to
Joe's Jeans Inc. on the date of this release. Any forward-looking
statement inherently involves risks and uncertainties that could
cause actual results to differ materially from the forward-looking
statements. Factors that would cause or contribute to such
differences include, but are not limited to: uncertainty regarding
the effect or outcome of the Company's retail strategy for fiscal
2008, including but not limited to the opening of a retail store in
the Bucktown shopping district in Chicago, Illinois; the
uncertainty of securing additional retail locations; unforeseen
costs associated with ramping up the Company's retail
infrastructure; expectations in the retail marketplace for the
Joe's� brand; and other risks detailed in the Company's periodic
report filings with the Securities and Exchange Commission. By
making these forward-looking statements, the Company undertakes no
obligation to update these statements for revisions or changes
after the date of this release. Readers are cautioned not to place
undue reliance on forward-looking statements.
Contact: Joe's Jeans Inc. Dustin A. Huffine 323-837-3727
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